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LNG

Germany, Qatar sign energy partnership agreement

BERLIN: Germany and Qatar signed on Friday a declaration to deepen their energy partnership, with a focus on trade...

Published 20 May, 2022 04:59pm

4 additional cargoes of LNG, five cargoes of furnace oil arranged

ISLAMABAD: The federal government has arranged four additional cargoes of LNG and five cargoes of furnace oil to...

Updated 20 May, 2022 10:17am

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

US natgas futures jump on strong LNG exports

NEW YORK: US natural gas futures jumped about 5% to a one-week high on Monday as higher European prices keep US...

Published 17 May, 2022 05:39am

Oil subsidy to cost exchequer Rs60bn

KARACHI: The government has maintained prices of local oil products to protect consumers by further raising subsidy...

Updated 17 May, 2022 09:56am

Opinion

Europe in high-cost race to replenish gas stocks

Europe has begun refilling depleted gas stores to shore up supply for the winter and guard against possible...

Published 14 May, 2022 04:05am

Markets

US natural gas futures little changed ahead of storage

NEW YORK: US natural gas futures were little changed on Thursday after erasing a 5% decline earlier in the session,...

Published 14 May, 2022 04:05am

Markets

US natgas futures rise on higher demand

NEW YORK: US natural gas futures gained about 2% on Wednesday on a big drop in daily output over the past three days...

Published 13 May, 2022 05:59am

Markets

LNG supply through spot procurement: PPRA Board seeks exemption from Rules 13 and 35

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) Board has recommended to the federal government for...

Published 12 May, 2022 06:49am

Markets

US natgas gains on lower daily output

NEW YORK: US natural gas futures gained about 2% on Tuesday after plunging 20% over the prior two sessions, on a...

Published 12 May, 2022 05:40am

Markets

Petrochina offers Pakistan lowest bids for two June LNG spot cargoes

Rates of $23.96/mmbtu for a June 1-2 delivery and $22.49/mmbtu for a June 28-29 delivery offered

Published 11 May, 2022 05:37pm

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

Europe gas: Prices extend losses on softer demand, mild weather

LONDON: British and Dutch wholesale gas prices extended losses on Tuesday on softer demand as mild weather spread...

Published 11 May, 2022 04:58am

Markets

Enbridge eyes LNG opportunities as quarterly profits rise

TORONTO: Canadian energy pipeline company Enbridge Inc reported on Friday a rise in first-quarter profit, and...

Published 09 May, 2022 05:39am

Markets

US natgas futures drift lower

NEW YORK: US natural gas futures fell about 4% on Friday from the previous session’s 13-year high on forecasts for...

Published 08 May, 2022 05:25am

Business & Finance

Qatar scores as World Cup host but may not net long-term goals

DOHA: Tucked behind Doha’s $300-million Lusail Boulevard, where construction workers are toiling to transform desert...

Published 06 May, 2022 11:41am

Business & Finance

Belgium's Solvay hikes 2022 profit forecast after 1st quarter beat

Solvay SA on Wednesday raised its full-year core profit forecast after the Belgian chemicals group reported...

Published 04 May, 2022 10:07am

Markets

Vitol offers Pakistan LNG at $23.13/mmbtu for May 17-18 spot cargo

Last week PLL picked up four of seven spot cargoes sought for May and June through tenders

Updated 29 Apr, 2022 08:30pm

Pakistan

Fawad holds last PML-N govt ‘responsible’ for current power woes

ISLAMABAD: Mincing no words to lambaste a fortnight-old government of Prime Minister Shehbaz Sharif, Pakistan...

Published 28 Apr, 2022 05:37am

Markets

Sakhalin-2 project: Tokyo Gas says no plan to voluntarily stop buying LNG

TOKYO: Tokyo Gas Co Ltd said on Wednesday it was not an option for the Japanese city gas distributor to voluntarily...

Published 28 Apr, 2022 05:37am

Pakistan

Those who are speaking, conspiring against armed forces: PM says law will take its own course

ISLAMABAD: Prime Minister Shehbaz Sharif has said that there is a severe punishment in the Constitution for speaking...

Published 27 Apr, 2022 05:19am

KSA offered sites in Hub, Gwadar to set up oil refinery

ISLAMABAD: Pakistan has offered two locations- Hub and Gwadar, to Saudi Arabia for establishment of oil refinery in...

Updated 27 Apr, 2022 10:41am

Opinion

Economy: sanity must prevail

Times are tough. The fiscal deficit is slipping, and the circular debt is growing due to growing energy prices...

Published 25 Apr, 2022 05:42am

PM irked by power load-shedding

ISLAMABAD: Faced with criticism from public as well as political circles over unannounced electricity outages across...

Updated 25 Apr, 2022 10:00am

Offshore LNG terminal: Daewoo Gas inks Master EPCF contract with CNCEC

ISLAMABAD: Daewoo Gas has signed a Master EPCF (Engineering Procurement Construction and Finance) contract with ...

Updated 23 Apr, 2022 11:00am

Opinion

Pakistan: economic focus

The international financial institution — World Bank (WB) — which is an influential source of funding as well as...

Published 21 Apr, 2022 05:26am

PSO receivables, payables soar to Rs508.3bn

ISLAMABAD: The receivables and payable of Pakistan State Oil (PSO) have reached Rs508.3 billion as several clients...

Updated 20 Apr, 2022 12:23pm

Markets

US natgas futures scale 13-year peak on cold forecast

NEW YORK: US natural gas futures jumped more than 10% to their highest level in more than 13 years on Monday on...

Published 20 Apr, 2022 05:12am

BR Research

Growing energy crisis

The energy sector mess is growing. The subsidies on petroleum are not only unstainable fiscally, but if they...

Published 19 Apr, 2022 08:12am

LNG procurement plan for FY2022-23 finalised

Ministry of Energy intends to procure 37 spot cargoes sans PPRA rules in the national interest

Updated 19 Apr, 2022 10:14am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	278.00 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	641.42 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 21 Attock Cement Pakistan Limited(ACPL)	85.59 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	278.00 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	641.42 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 21 Attock Cement Pakistan Limited(ACPL)	85.59 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

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