US natgas futures up on forecasts of colder weather NEW YORK: US natural gas futures jumped about 7% to a three-week high on Friday at the end of an extremely volatile... Published 06 Nov, 2022 03:44am
Markets US natgas futures drop ahead of storage report NEW YORK: US natural gas futures fell about 3% on Thursday ahead of a federal report expected to show utilities... Published 04 Nov, 2022 05:56am
Editorials Trade figures EDITORIAL: A worsening balance of trade, a perennial problem for the country that accounts for Pakistan being on the... Published 04 Nov, 2022 05:56am
Business & Finance Shell’s flagship LNG trading made nearly $1 billion loss in Q3 LONDON: Shell’s liquefied natural gas (LNG) trading division recorded a loss of nearly $1 billion in the third... Published 03 Nov, 2022 06:27pm
Markets US natgas jumps in volatile week NEW YORK: US natural gas futures jumped about 7% on Wednesday during what has already been an extremely volatile ... Published 03 Nov, 2022 05:50am
Markets US natgas futures drop NEW YORK: US natural gas futures dropped about 5% on Tuesday on forecasts for the weather to remain mild for the ... Published 02 Nov, 2022 04:37am
Markets Global LNG: Asia prices edge down on ample inventories SINGAPORE: Asian spot liquefied natural gas prices (LNG) slipped this week, extending declines as strong inventory... Published 28 Oct, 2022 05:05pm
Markets Oil rises on weaker dollar and supply worry; trade choppy NEW YORK: Oil prices rose on Tuesday, rebounding from an early fall of more than $1 a barrel on lift from a weaker... Published 26 Oct, 2022 05:52am
Print Russian oil idea unlikely to get traction in Pakistan Can save no more than $1bn a year due to limited local oil refineries' capacity and their long-term contracts with Middle East oil companies Updated 21 Oct, 2022 11:18am
Markets US natgas slides percent to 3-month low on record output NEW YORK: U.S. natural gas futures slid about 2% to a fresh three-month low as record output and reduced liquefied... Published 20 Oct, 2022 05:36am
World EU proposes energy measures BRUSSELS: The European Commission proposed another set of emergency measures on Tuesday to tackle high energy ... Published 19 Oct, 2022 05:54am
Markets Dozens of LNG-laden ships queue off Europe’s coasts unable to unload LONDON/MADRID: Dozens of ships carrying liquefied natural gas (LNG) circling off the coasts of Spain unable to... Published 18 Oct, 2022 11:39am
Markets US natgas futures drop NEW YORK: US natural gas futures dropped about 6% to a three-month low on Monday with a collapse in European ... Published 18 Oct, 2022 06:02am
Opinion Gas shortages: Tough winters ahead Winters are coming. And a massive gas crisis is in the making. The demand for domestic sector is growing unabated ... Published 17 Oct, 2022 05:57am
Pakistan NAO amendments case: SC asks PTI counsel to furnish main points ISLAMABAD: The Supreme Court observed that the amendments in the National Accountability Ordinance, 1999, will not... Published 13 Oct, 2022 05:59am
Markets US natgas rises on colde weather NEW YORK: US natural gas futures gained about 3% to a near one-week high on Wednesday on forecasts for colder ... Published 13 Oct, 2022 05:59am
Opinion How this govt helped country avert sovereign default In April of this year, when Mian Shehbaz Sharif became prime minister and appointed me as finance minister, Pakistan... Updated 11 Oct, 2022 09:01pm
Markets Asia Fuel Oil: 380-cst HSFO market flips SINGAPORE: The spot 380-cst high sulphur fuel oil (HSFO) market flipped to a premium on Friday, after staying ... Published 08 Oct, 2022 03:25am
Markets Cyprus in renewed push to extract natgas as shortages loom in EU NICOSIA: Cyprus expects natural gas from its seas to become commercially available by 2027, its energy minister said... Published 08 Oct, 2022 03:25am
Opinion A bitter cold European winter without Russian energy supplies As the winter is approaching in Europe, pressure is mounting on the governments by their citizens and industrialists... Published 06 Oct, 2022 05:59am
Business & Finance QatarEnergy to be the largest LNG trader over next 5-10 years LONDON: QatarEnergy CEO and state minister for energy Saad al-Kaabi said on Wednesday that his company will become... Published 05 Oct, 2022 06:18pm
Markets US natgas futures hold near 12-week low on record output NEW YORK: US natural gas futures held near a 12-week low on Tuesday on record output and forecasts for lower demand... Published 05 Oct, 2022 05:49am
Markets White House rules out ban on natural gas exports this winter WASHINGTON: The White House has ruled out any ban or curbs on natural-gas exports this winter, in a bid to help... Published 05 Oct, 2022 05:49am
World Russia says Nord Stream likely hit by state-backed 'terrorism' MOSCOW: Russia said on Thursday that leaks spewing gas into the Baltic Sea from pipelines to Germany appeared to be... Published 29 Sep, 2022 11:28pm
Markets LNG markets may tighten further in 2023, IEA's Birol says TOKYO: LNG markets in 2023 may be tighter than this year as demand may rise in China, India and other parts of Asia,... Updated 29 Sep, 2022 07:35pm
Markets Philippines sees 3 LNG import terminals starting operations in early 2023 MANILA: Three government-approved LNG import terminal projects in the Philippines are expected to begin commercial... Published 27 Sep, 2022 12:17pm
Print NOCs to CPPs selling power to national grid to be evoked ISLAMABAD: The government is all set to revoke No Objection Certificates (NOCs) issued to Captive Power Plants... Updated 27 Sep, 2022 09:39am
Markets Germany’s Scholz sees progress on LNG and diesel projects in UAE ABU DHABI: German Chancellor Olaf Scholz said on Sunday that he had seen progress in talks to buy liquefied natural... Published 25 Sep, 2022 12:51pm
Business & Finance France’s TotalEnergies injects further $1.5bn into Qatar gas DOHA: France’s TotalEnergies on Saturday signed a new $1.5 billion deal to help expand Qatar’s natural gas... Published 25 Sep, 2022 06:01am
Markets Aramco says global energy transition goals ‘unrealistic’ RIYADH: Oil giant Saudi Aramco’s chief on Tuesday blasted “unrealistic” energy transition plans, calling for a... Published 21 Sep, 2022 05:57am
