Power distribution sector’s performance – I Circular debt and privatisation of power distribution companies are under active discussion these days in the... Published 12 Jan, 2023 06:10am
Markets US natgas declines on rising output NEW YORK: US natural gas futures fell about 4% on Tuesday on rising output and forecasts for lower heating demand... Published 11 Jan, 2023 05:53am
Markets Shell LNG trading to lift quarterly profits despite output drop LONDON: Earnings from Shell’s liquefied natural gas (LNG) trading operations are likely to have been significantly... Published 09 Jan, 2023 06:00am
Markets US natgas eases as warm weather causes worst start for year NEW YORK: US natural gas futures eased to a fresh one-year low on Friday on forecasts for warmer-than-normal weather... Published 08 Jan, 2023 03:48am
Markets US natgas futures up on forecasts for more LNG export NEW YORK: US natural gas futures rose about 2% on Wednesday from a 10-month low in the prior session on forecasts ... Published 06 Jan, 2023 05:58am
Markets US natgas price collapse cuts 2023 ‘widow maker’ premium to record low NEW YORK: US natural gas futures dropped to a 10-month low on Tuesday, cutting the March-April spread to a record ... Published 04 Jan, 2023 06:02am
Print ECC allows export of additional quantity of sugar ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed export of additional 150,000 tons of... Updated 04 Jan, 2023 09:40am
Markets Bulgaria signs long-term gas deal with Turkey SOFIA: Bulgaria’s state gas company Bulgargaz on Tuesday signed a long-term deal with Turkish state gas firm Botas,... Published 03 Jan, 2023 05:02pm
Markets Finland gets floating gas terminal to replace Russian supply HELSINKI: An offshore natural gas terminal has arrived in Finland as part of the country’s efforts to replace... Published 02 Jan, 2023 06:58am
Opinion Heat will stay on in Europe this winter, but after? Europe is likely to scrape through this winter without cutting off gas customers despite reduced Russian supplies,... Published 29 Dec, 2022 05:59am
BR Research LNG price steadies; supply scarce Winters, gas shortfall, mad dash for imported gas. It keeps coming back every year and 2022 is not any different.... Published 27 Dec, 2022 09:33am
Print Russia says can send natural gas ‘in long term’ MOSCOW: Russian Deputy Prime Minister Alexander Novak told state TASS news agency that in the long-term, Russia can... Updated 27 Dec, 2022 09:38am
Print MoFA opposes ‘alteration’ in IPPs’ revised agreement ISLAMABAD: Ministry of Foreign Affairs (MoFA) has reportedly opposed alteration in IPPs’ revised agreements of 2019... Updated 26 Dec, 2022 09:34am
Opinion Circular debt – short-term remedies The circular debt (CD) emerged as a perpetual menace ever since the Independent Power Producers (IPPs) surfaced on... Updated 24 Dec, 2022 06:31am
Pakistan Defence counsel remain absent: AC adjourns LNG case against Khaqan till 10th ISLAMABAD: An accountability court adjourned the Liquefied Natural Gas (LNG) case against former premier Shahid... Updated 29 Aug, 2023 01:07am
World EU reaches gas price cap agreement at 180 euros/MWh BRUSSELS: EU energy ministers on Monday overcame months of wrangling to agree a price cap for natural gas in the ... Published 20 Dec, 2022 05:58am
Markets US natgas futures down on milder weather forecasts NEW YORK: US natural gas futures dropped by 8% on Monday on forecasts for less cold weather than previously expected... Published 20 Dec, 2022 05:58am
Business & Finance US poised to become net exporter of crude oil in 2023 HOUSTON: The United States has become a global crude oil exporting power over the last few years, but exports have... Published 20 Dec, 2022 05:58am
Markets Pakistan's power cost and generation declines significantly in Nov Cost of power generation during first five months of fiscal year up 35% Published 19 Dec, 2022 03:13pm
Markets US natgas volatility on track to hit record highs NEW YORK: US natural gas futures volatility - both implied and historic - was on track to hit record highs in 2022 ... Published 19 Dec, 2022 06:00am
Print Import of LNG: PLL likely to ink accord with SOCAR Since the validity of price offered by SOCAR will be less than 24 hours, PLL BoD may accept or reject the LNG cargoes based on the suitability of the price Updated 19 Dec, 2022 12:01pm
Markets China’s November diesel, gasoline exports jump to highest in over a year SINGAPORE: China’s diesel and gasoline exports continued to surge in November, hitting their highest levels since... Published 18 Dec, 2022 01:12pm
Business & Finance Germany cuts the ribbon on first LNG terminal WILHELMSHAVEN: Germany on Saturday inaugurated its first liquefied natural gas (LNG) terminal, built in record time,... Published 18 Dec, 2022 03:36am
Business & Finance Discounted crude, refined products: Pakistan-Russia IGC to meet in Jan ISLAMABAD: Pakistan-Russia Inter-Governmental Commission (IGC) would arrive in January 2023 for negotiation on... Updated 17 Dec, 2022 09:35am
Pakistan Musadik Malik reiterates Russia will provide Pakistan crude at ‘discounted rates' State minister says govt working with Azerbaijan on a gas purchase framework agreement as well Updated 16 Dec, 2022 07:24pm
Markets US natgas futures little changed ahead of storage report NEW YORK: US natural gas futures were little changed on Thursday as the market waited for direction from a federal... Published 16 Dec, 2022 05:58am
Print Europe can do without Russian gas: IEA PARIS: Europe faces a major shortfall of natural gas in 2023 if Russia completely cuts off deliveries but has... Published 13 Dec, 2022 05:58am
Opinion Oily matters – II Electrical Vehicles Immediate solutions are never possible or feasible. There has to be alternative plan and... Published 11 Dec, 2022 04:02am
Markets US natgas climbs on storage report NEW YORK: US natural gas futures gained about 3% on Thursday on forecasts for colder weather and higher heating... Published 09 Dec, 2022 05:58am
Opinion Oily matters – I Pakistan’s oil imports are the biggest drain on foreign exchange. Current year’s oil import bill has been... Published 08 Dec, 2022 06:10am
