Paapam for uninterrupted power, gas supplies LAHORE: Pakistan Association of Automotive Parts and Accessories Manufacturers (Paapam) called for smooth and... Published 08 Jun, 2022 06:19am
Markets Spain’s Repsol in talks to sell 25pc of oil and gas unit to EIG LONDON: EIG Global Energy Partners is in early discussions with Repsol to buy a slice of the Spanish company’s oil... Published 08 Jun, 2022 06:19am
Business & Finance APTMA urges govt to ‘fully’ support export-oriented industry LAHORE: All Pakistan Textile Mills Association Chairman Abdul Rahim Nasir Friday urged the government to “fully”... Published 04 Jun, 2022 04:18am
Business & Finance China, Papua New Guinea discuss free-trade deal PORT MORESBY: China and Papua New Guinea held talks on a free-trade deal Friday, as Beijing’s foreign minister... Published 04 Jun, 2022 04:18am
Markets US Interior must weigh climate impacts of oil, gas leasing WASHINGTON: The Biden administration must thoroughly analyze the climate impacts of oil and gas leasing on nearly 4... Published 03 Jun, 2022 05:56am
Print Oil and gas sector’s circular debt reaches Rs 1.5 trillion mark, Senate panel told ISLAMABAD: The Petroleum Division Secretary informed a parliamentary panel on Monday that the oil and gas sector’s... Updated 31 May, 2022 10:08am
Markets Despite high gas prices, US refiners strain to meet summer demand NEW YORK: Only time will tell how much record US prices at the pump will dent driving demand this summer, but don’t... Published 29 May, 2022 10:34am
Markets India’s GAIL open to buying Russian oil and gas assets NEW DELHI: India’s largest gas transmitter GAIL is open to buying Russian oil and gas assets shunned by Western... Published 28 May, 2022 05:11am
Markets EU plans first joint gas buying before winter BRUSSELS: The European Union plans to start jointly buying gas before winter, the bloc’s energy policy chief said... Published 24 May, 2022 05:35am
Markets Europe fills gas storage at record rate as Asia’s buyers step aside LONDON: Europe’s gas inventories are rebuilding after winter at the fastest rate on record as the region’s ... Published 19 May, 2022 05:29am
Markets India asks GAIL to import LNG to meet rising city gas demand NEW DELHI: India has mandated state-run GAIL (India) Ltd to import gas and buy from local difficult fields to meet... Published 11 May, 2022 04:58am
Markets New pipeline links Baltics to European gas network JAUNIUNAI, (Lithuania): Poland and the Baltic states Thursday inaugurated a new gas pipeline that links the... Published 06 May, 2022 05:03am
Markets EU confusion over Russia’s rubles for gas demand BRUSSELS: EU countries scrambled Thursday to make sense of Russia’s decision to cut gas flows to Poland and... Published 29 Apr, 2022 05:43am
World EU needs to recycle more to hit green energy goals PARIS: Europe must act fast to secure supplies of crucial metals required for a green energy transition and its best... Published 26 Apr, 2022 05:20am
Markets Oil tycoon Brigham prepares rare oilfield services IPO NEW YORK: Oil and gas tycoon Bud Brigham is exploring an initial public offering (IPO) of Atlas Sand, people ... Published 20 Apr, 2022 05:12am
Opinion EU embargo on Russian oil, gas will take ‘months’ The EU is working on broadening sanctions on Russia to include oil and gas embargoes but such measures would take... Published 16 Apr, 2022 04:10am
Markets Russia should diversify energy exports towards Asia: Putin MOSCOW: Russian President Vladimir Putin on Thursday called for diversification of energy exports towards Asia, ... Published 15 Apr, 2022 05:29am
Markets Oil rises on Russian oil production constraints NEW YORK: Oil prices climbed on Tuesday as Russian oil and gas condensate production fell to 2020 lows and OPEC... Published 13 Apr, 2022 06:03am
Markets Russia maintains gas deliveries as Europe moots fresh sanctions OSLO: Russia maintained gas flows through key pipeline routes into Europe on Monday, despite uncertainty over ... Published 04 Apr, 2022 02:18pm
Print Kremlin warns West: rouble-for-gas scheme is the ‘prototype’ LONDON: President Vladimir Putin’s rouble payment scheme for natural gas is the prototype that the world’s... Updated 04 Apr, 2022 09:36am
Markets EU raids Gazprom’s German offices in antitrust probe BRUSSELS: EU antitrust investigators raided the German offices of Gazprom, sources said on Thursday, on suspicion ... Published 01 Apr, 2022 05:41am
Business & Finance Karachi industries: Govt urged to provide gas as per demand KARACHI: President of SITE Association of Industry Abdul Rasheed has urged the federal government to provide gas to... Published 01 Apr, 2022 05:41am
Pakistan MPCL commences first gas from Tipu compartment of 'Goru B' reservoir Mari Petroleum Company Limited (MPCL), one of Pakistan’s largest integrated petroleum exploration and production... Published 28 Mar, 2022 11:14am
Markets Asian gas buyers puzzle over Putin’s demand for payment in roubles TOKYO: Asian importers of Russian gas were scrambling on Thursday after Russian President Vladimir Putin said... Published 24 Mar, 2022 12:42pm
Print EU plans minimum gas storage as energy prices soar BRUSSELS: The EU on Wednesday proposed a law requiring natural gas storage be filled to a minimum 80 percent before... Updated 24 Mar, 2022 09:55am
Print Moscow warns of market ‘collapse’ MOSCOW: Russian Deputy Prime Minister Alexander Novak warned Wednesday that a ban on Russian oil and gas imports... Updated 24 Mar, 2022 09:11am
Print Supply of gas to 85 villages: ECC approves Rs747.539m TSG ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved Rs747.539 million... Updated 12 Mar, 2022 10:02am
Print Mismatch in charging interest: PD decides to seek opinion of law ministry ISLAMABAD: Petroleum Division has decided to seek clarification from Ministry of Law on issue of mismatch of ... Updated 11 Mar, 2022 09:39am
Markets Asian buyers of Russian oil, gas and coal As the Ukraine-Russia crisis intensifies, Brent crude futures have hit fresh seven-year highs as analysts warn trade... Published 03 Mar, 2022 12:07pm
Print Oil, gas rocket to record levels LONDON: Oil prices soared Wednesday above $113 per barrel and natural gas hit a record peak, as investors fretted... Published 03 Mar, 2022 04:39am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?