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
Print 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
Print 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
Print 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
Print 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
Editorials Resumption of talks with IMF EDITORIAL: The Shehbaz Sharif-led ten-plus parties’ coalition government commencement of negotiations with the... Published 19 Apr, 2022 05:32am
Business & Finance Pakistan LNG Limited invites bids for six LNG cargoes PLL hopes to curb gas crisis in the country Updated 18 Apr, 2022 05:44pm
Markets Excelerate Energy soars in first big US market debut since Ukraine invasion NEW YORK: Excelerate Energy Inc jumped 17.5% in its market debut on Wednesday, riding on investor demand for... Published 18 Apr, 2022 06:51am
Markets US natgas on track for fresh 13-year high on rising spot prices NEW YORK: US natural gas futures climbed about 2% to a fresh 13-year high on Wednesday on a drop in daily output, a... Published 15 Apr, 2022 05:29am
Editorials The country needs an energy czar EDITORIAL: A new government has been formed. The first step for Prime Minister Shehbaz Sharif is to form his ... Published 15 Apr, 2022 05:29am
Markets Global LNG: Asian LNG prices stable on weak demand LONDON: Asian spot liquefied natural gas (LNG) prices were stable this week on continued muted demand from Asia amid... Updated 14 Apr, 2022 07:51pm
Editorials NAB and projected gas crisis EDITORIAL: A Business Recorder exclusive reveals that the projected gas crisis in Pakistan this summer would be... Published 14 Apr, 2022 04:55am
Markets US natgas on track for 13-year high NEW YORK: US natural gas futures gained about 2% on Tuesday, putting the contract on track for its highest close in... Published 13 Apr, 2022 06:03am
Print Failure to buy LNG from spot market: Gas crisis set to simmer in summer Only eight LNG cargoes will be imported for April against the demand of 12 Updated 13 Apr, 2022 01:51pm
Markets US natgas higher on big storage withdrawal NEW YORK: US natural gas futures rose about 3% to a 10-week high on Thursday on a bigger than expected storage draw,... Published 09 Apr, 2022 04:39am
Markets US natural gas up on output decline NEW YORK: US natural gas futures jumped about 6% to a nine-week peak on Tuesday on a preliminary drop in US output,... Published 07 Apr, 2022 05:15am
Markets Tokyo Commodity Exchange launches LNG futures for price hedging TOKYO: The Tokyo Commodity Exchange (TOCOM) on Monday launched liquefied natural gas (LNG) futures in a trial ... Published 07 Apr, 2022 05:15am
Markets LNG tankers heading to Britain, Belgium and the Netherlands The following liquefied natural gas (LNG) tankers are expected to arrive in Britain, Belgium and the Netherlands in... Published 06 Apr, 2022 02:16pm
Print PPL won’t award LNG cargoes for April, May ISLAMABAD: The government has reportedly decided not to award LNG cargoes for the months of April and May 2022 due ... Updated 01 Apr, 2022 10:28am
BR Research LNG – the world gasps for gas What could well turn out to be the last bid received for LNG spot tenders under this government, bids offered at... Published 31 Mar, 2022 09:23am
Print Power load-shedding may stay in Ramazan ISLAMABAD: The country may face load shedding in Ramazan (likely to commence from April 3, 2022) due to shortage of... Updated 30 Mar, 2022 12:31pm
Business & Finance Tight energy market pushes Pakistan towards Afghan coal: report Cement companies particularly those in the north switch to neighbouring country for energy needs Updated 29 Mar, 2022 07:51pm
Markets Totalenergies says decision to attract investment needed to calm gas price DOHA: Totalenergies CEO Patrick Pouyanne said on Saturday European gas prices would keep rising until a decision is... Published 27 Mar, 2022 05:40am
Markets US, EU strike LNG deal as Europe seeks to cut Russian gas BRUSSELS/BERLIN: The United States will work to supply 15 billion cubic metres of liquefied natural gas (LNG) to the... Published 25 Mar, 2022 07:22pm
BR Research Power fuel cost remains concerning February 2022 grid power generation was up by 11 percent year-on-year to 8 billion units on gross basis. On a... Published 25 Mar, 2022 08:37am
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