US natgas jumps NEW YORK: US natural gas futures jumped about 4% to a near one-week high on Wednesday, on forecasts for stronger US... Published 22 Sep, 2022 06:22am
Opinion Crisis-hit German toilet paper maker turns to coffee grounds Choked by soaring energy and wood pulp costs, German toilet paper maker Hakle is turning to waste from coffee... Published 19 Sep, 2022 05:45am
Print China lockdowns weigh on global oil demand: IEA PARIS: China’s repeated Covid lockdowns and a slowdown in developed economies are weighing on the growth of global... Published 15 Sep, 2022 05:57am
Markets Europe power firms need 1.5trn euros in margin calls: Equinor LONDON: European energy companies need at least 1.5 trillion euros ($1.5 trillion) to cover the cost of their... Published 07 Sep, 2022 04:13am
Business & Finance EU gas markets brace for price surge BRUSSELS: European Union countries’ energy ministers will discuss options to rein in soaring energy prices... Published 05 Sep, 2022 06:52am
Markets US natgas futures lower NEW YORK: US natural gas futures slipped more than 4% on Friday en route to their worst week in two months, taking... Published 04 Sep, 2022 05:44am
Print Tarin criticises govt’s approach to IMF programme KARACHI: Former finance minister Shaukat Tarin said on Saturday that gas tariffs and tax rates will be increased... Updated 04 Sep, 2022 09:08am
Print Gas prices: govt fails to honour pledge ISLAMABAD: The federal government has missed its pledge to the International Monetary Fund (IMF) to increase the... Updated 03 Sep, 2022 11:24am
Markets US natgas lower NEW YORK: US natural gas futures slipped more than 4% on Tuesday, tracking a retreat in European rates, with prices... Published 31 Aug, 2022 07:20am
Print Oil demand rises as gas prices surge: IEA Prices of natural gas and electricity have jumped to new records Updated 12 Aug, 2022 10:18am
Markets Oil demand rises as gas prices surge: IEA PARIS: Global oil demand will rise more than previously forecast this year as heatwaves and soaring gas prices are... Published 11 Aug, 2022 03:26pm
Print Cabinet yet to approve hike in gas rates Under OGRA’s Amended Act, there is a defined period of 40 days after determination of tariff by the regulator following which the determined tariff would automatically become applicable Updated 03 Aug, 2022 10:38am
Markets US natgas futures up NEW YORK: US natural gas futures gained about 1% on Friday on forecasts for hotter weather through mid August than... Published 31 Jul, 2022 05:39am
Markets US natgas slips on forecasts NEW YORK: US natural gas futures eased about 1% on Thursday on forecasts for less hot weather through mid-August ... Published 30 Jul, 2022 03:39am
Opinion An elusive IMF programme One can say with reasonable confidence that the economic circumstances facing today have no parallel in the history... Published 13 Jul, 2022 05:48am
Print ECC decides to raise gas prices Directs to further reduce the gas rates for export and non-export industry/captive power Updated 08 Jul, 2022 09:42am
Print Burden of hike in gas prices to be passed on to rich: minister ISLAMABAD: Minister for State for Energy, Musaddiq Malik hinted that a proposal has been submitted to the federal... Updated 08 Jul, 2022 09:29am
World Germany primes energy bailout law as gas prices soar FRANKFURT: The German cabinet on Tuesday approved plans to quickly prop up struggling energy companies as a looming... Published 05 Jul, 2022 07:16pm
Markets Australia’s Victoria state looks to wean households off gas MELBOURNE: Australia’s Victoria government released a plan on Saturday aiming to wean the country’s biggest... Published 03 Jul, 2022 05:39am
Markets Russia exporting lighter, sweeter Urals oil as taps Asia demand MOSCOW: Russia has been improving the quality of its flagship Urals crude oil export, making the heavily-discounted... Published 28 Jun, 2022 06:10am
Markets Russia may cut off gas completely, Europe must act now: IEA BRUSSELS: Russia may cut off gas to Europe entirely as it seeks to bolster its political leverage amid the Ukraine... Updated 22 Jun, 2022 07:43pm
Opinion Oil, gas prices: need for stabilisation fund Oil prices go up and down. Now gas prices are also linked with oil prices. While lower oil prices go unnoticed and... Published 22 Jun, 2022 05:58am
Markets Lebanon, Syria, Egypt sign gas import agreement BEIRUT: Lebanon, Syria and Egypt on Tuesday agreed to ship 650 million cubic metres of natural gas per year from... Published 21 Jun, 2022 06:30pm
Print Europe may shift back to coal FRANKFURT/MILAN: Europe’s biggest Russian gas buyers were racing to find alternative fuel supplies on Monday and... Updated 21 Jun, 2022 09:52am
Markets Biden says ExxonMobil ‘made more money than God’ LOS ANGELES: President Joe Biden on Friday slammed ExxonMobil for not producing more oil, as soaring gas prices... Published 12 Jun, 2022 08:24am
Business & Finance Gas companies: Ogra reduces LNG rates ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Friday notified a reduction in new prices for LNG ... Published 11 Jun, 2022 06:40am
Business & Finance Ogra raises gas prices up to 45pc ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has allowed late Friday night a raise in gas prices up to 45... Updated 05 Jun, 2022 11:41am
Markets U.S. power and natgas prices soar during spring heatwave U.S. spot power and natural gas prices soared on Thursday to their highest a year or more in several parts of the... Published 20 May, 2022 10:16am
Markets Ogra chief vows to implement ordinance in true letter & spirit ISLAMABAD: Oil and Gas Regulatory Authority (Ogra) Chairman, Masroor Khan, has reiterated his commitments to... Published 19 May, 2022 06:14am
Markets Equinor posts record $18 billion profit as gas prices soar in Europe OSLO: Norway's Equinor reported a record quarterly pretax profit on Wednesday, as the war in Ukraine triggered an... Published 04 May, 2022 10:59am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?