Tender process: Post decisions, announcements on website, says Hammad Azhar Directive to PSO and PLL comes as govt looks to promote transparency in LNG bidding process Published 05 Aug, 2021 12:25pm
Markets US natgas futures rise over to 31-month high on hot forecasts NEW YORK: US natural gas futures climbed over 2% to a 31-month high on Wednesday on forecasts for hotter weather ... Published 05 Aug, 2021 04:34am
Print Mogas posts highest-ever sale of 0.81m tons in July KARACHI: Motor Gasoline (Mogas) recorded highest-ever sale of 0.81 million tons in July 2021, which is 14 percent... Published 04 Aug, 2021 02:42am
BR Research All-time high power generation Electricity demand has moved a needle of late, recording highest ever yearly generation of 130 billion units in ... Published 03 Aug, 2021 08:41am
Markets Asia Fuel Oil: Tight supply, firm demand lifts fuel oil markets higher SINGAPORE: Asia’s high-sulphur fuel oil (HSFO) firmed on Monday amid tight supply and firm demand from both... Published 03 Aug, 2021 04:35am
Print Shehbaz demands probe into purchase of ‘costly’ LNG ISLAMABAD: Pakistan Muslim League Nawaz (PML-N) President Shehbaz Sharif Saturday demanded an investigation into the... Published 01 Aug, 2021 04:43am
Business & Finance Cash-strapped Pakistan purchases pricey LNG for Sept Pakistan has purchased the most expensive Liquefied Natural Gas (LNG) in its history with LNG deals for September at... Published 30 Jul, 2021 12:09pm
Business & Finance Business community concerned over exchange rate erosion KARACHI: Business community has expressed concern over exchange rate erosion terming it damaging for the economy.... Published 29 Jul, 2021 04:48am
Business & Finance Gunvor and PetroChina place lowest offers for Pakistan LNG tender Offers suggest that spot prices for LNG are expected to climb to above $15 per million British thermal units (mmBtu) this week, a new multi-month high Published 28 Jul, 2021 09:14pm
Markets US natgas futures ease from 31-month high NEW YORK: US natural gas futures eased on Tuesday from a 31-month high in the prior session on forecasts for less ... Published 28 Jul, 2021 04:45am
Markets Pakistan State Oil seeks two LNG cargoes for September It is seeking the cargoes for delivery over Sept. 16-17 and Sept. 26-27 in a tender that closes on Aug. 20, according to the document Published 27 Jul, 2021 11:10am
Markets Asian spot prices jump as summer drives up electricity demand SINGAPORE: Asian spot prices for liquefied natural gas (LNG) jumped this week to a more than six-month high, as warm... Published 24 Jul, 2021 04:27am
Markets US natgas futures hold near 31-month high on hot weather forecasts NEW YORK: US natural gas futures held near a 31-month high on Friday on forecasts for hotter weather and higher air... Published 24 Jul, 2021 04:27am
Pakistan ‘Load-shedding before Eid due to mismanagement of officials concerned’ KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum... Published 21 Jul, 2021 01:51am
Markets US natgas up on hotter weather NEW YORK: US natural gas futures edged up on Wednesday on forecasts for slightly hotter weather and higher air... Published 15 Jul, 2021 04:03am
BR Research Firewood vs natural gas Pakistan has more or less 12 million households connected to the natural gas pipeline. That leaves double the number... Published 13 Jul, 2021 08:14am
Print Export of POL products: EIF filing not required ISLAMABAD: The Federal Board of Revenue (FBR) has allowed the owners of petroleum products, including petroleum, ... Updated 11 Jul, 2021 01:11pm
Markets US natgas declines on forecasts for milder weather, higher output NEW YORK: US natural gas futures fell on Wednesday, retreating from an over two-year peak as forecasts projected... Published 09 Jul, 2021 04:25am
Pakistan Gas supply shortfall: Proactive SSGC efforts avert crisis situation KARACHI: Recent gas supply issues emanating out of Annual Turn Around (ATA) of Kunnar-Pasakhi Deep (KPD) gas field... Published 07 Jul, 2021 04:28am
Print LNG-based general industries, other sectors: Gas supply yet to be restored ISLAMABAD: Gas supply to LNG-based general industries, fertilizer plants and CNG stations in various regions of the... Updated 04 Jul, 2021 09:40am
Print EAC underscores need for speeding up sell-off process Stresses need to complete transaction of LNG-based power plants in current financial year Updated 04 Jul, 2021 09:33am
Pakistan PM gave half of Kashmir, trying to conquer half left, claims PPP ISLAMABAD: Pakistan People’s Party (PPP) leaders claimed that Prime Minister Imran Khan has given half of Kashmir,... Published 03 Jul, 2021 03:19am
Print Engro explains its position ISLAMABAD: M/s Engro has claimed that it had been in discussion with concerned stakeholders on dry docking since... Published 01 Jul, 2021 04:09am
Markets Commodity out performance switching to energy from metals LAUNCESTON, (Australia): The rally in commodity prices is likely to see a shift from metals to energy resources, ... Published 01 Jul, 2021 04:09am
Print Nepra approves Rs3.6bn refund to consumers ISLAMABAD: National Electric Power Regulatory Authority (Nepra) on Tuesday approved in principle a refund of Rs 3.6... Updated 30 Jun, 2021 09:16am
Pakistan Countrywide gas suspension for seven days unacceptable: FPCCI ISLAMABAD: FPCCI President Naseer Hayatt Magoon, on Monday, said a nationwide gas suspension for seven days is... Updated 29 Jun, 2021 09:12am
Print Three-year framework: Pakistan, IITFC sign $4.5bn agreement ISLAMABAD: The International Islamic Trade Finance Corporation (IITFC) signed a 3-Year Framework Agreement for a... Updated 29 Jun, 2021 08:35am
Markets M/s Energas, Tabeer Energy: Gas cos convey availability of LNG pipeline capacity for transmission, distribution ISLAMABAD: Sui gas companies have conveyed availability of LNG pipeline capacity to be allocated for transmission ... Published 28 Jun, 2021 04:38am
Print Delay in dry docking: Talks under way: Azhar ISLAMABAD: Minister for Energy Hammad Azhar said on Wednesday that negotiations on delay in dry-docking of Engro’s... Published 25 Jun, 2021 04:20am
Print Energy shortfall: CCoE to find a way out today ISLAMABAD: The Cabinet Committee on Energy (CCoE) is scheduled to meet on Thursday (June 24) to discuss a way out of... Published 24 Jun, 2021 03:36am