Shell $6bn profit smashes forecasts as LNG offsets weak refining LONDON: Shell reported on Thursday third quarter profits of $6 billion that exceeded forecast by 12% as weaker oil... Published 31 Oct, 2024 02:59pm
Business & Finance World Bank expects oil glut to cause commodity price slump WASHINGTON: Global commodity prices should fall to a five-year low next year thanks to a huge oil glut, the World... Published 30 Oct, 2024 06:32am
Markets Asian spot LNG prices rise on supply concerns, geopolitical tensions LONDON: Asian spot liquefied natural gas (LNG) recorded its second weekly gain since the end of August, amid... Published 25 Oct, 2024 07:32pm
Print Sindh asks Centre to increase supply of natural gas KARACHI: Sindh Energy Minister Syed Nasir Hussain Shah has said that Sindh is currently the largest gas producing... Published 23 Oct, 2024 06:22am
Markets Qatar LNG sales to key Asian markets confronted by US-UAE rivalry DOHA: Qatar is finding it hard to agree new deals to supply liquefied natural gas (LNG) to Japan and South Korea as... Published 22 Oct, 2024 06:33am
Markets Global LNG: Asian spot LNG slips on tepid demand, ample supply SINGAPORE: Asian spot liquefied natural gas (LNG) slightly slipped this week as demand remains tepid amid ample... Published 11 Oct, 2024 05:21pm
Markets China to remain world’s top LNG buyer in 2024-25, IEA says HIROSHIMA: China is set to remain the world’s top buyer of liquefied natural gas (LNG) this year and next because of... Published 07 Oct, 2024 12:10pm
Markets Global LNG: Asian spot LNG prices down on muted demand LONDON: Asian spot liquefied natural gas (LNG) prices fell this week amid limited demand for November deliveries and... Published 13 Sep, 2024 06:15pm
Markets US natural gas prices rise NEW YORK: US natural gas futures edged up about 1% to an eight-week high on Friday as the amount of gas flowing to... Published 08 Sep, 2024 02:42am
Markets Global LNG: Asia spot LNG prices down on muted demand, cooler weather LONDON: Asian spot liquefied natural gas (LNG) prices fell this week on signals of weak economic growth in China... Published 06 Sep, 2024 05:38pm
Markets Global LNG: Asia spot prices rise on supply concerns, geopolitical tensions LONDON: Asian spot liquefied natural gas (LNG) prices rose this week as outages in LNG facilities in Australia and... Published 30 Aug, 2024 05:42pm
Print Transfer CPPs to the national grid, suggests PD ISLAMABAD: The Petroleum Division has suggested the government transferring captive power plants to the National... Updated 28 Aug, 2024 08:42am
Markets Kuwait signs 15-year deal for Qatar gas supply KUWAIT CITY: Kuwait’s state oil giant on Monday announced a 15-year deal for the supply of natural gas from Qatar,... Published 26 Aug, 2024 06:54pm
Markets QatarEnergy, Kuwait Petroleum Corp to agree long-term LNG deal KUWAIT: State-owned QatarEnergy and Kuwait Petroleum Corporation will sign a long-term sales and purchase agreement... Published 26 Aug, 2024 02:25pm
Business & Finance Fuel price adjustment row: SECL has refused to pay dues to SNGPL? ISLAMABAD: M/s Sapphir Electric Power Company Limited (SECL) is said to have refused to make payment of outstanding... Updated 26 Aug, 2024 09:26am
Markets Morgan Stanley cuts 2024 oil demand growth outlook NEW YORK: Morgan Stanley has lowered its global oil demand growth forecast for 2024, mainly due to China’s slower... Published 24 Aug, 2024 06:23am
Markets Global LNG: Asia spot prices ease from 8-month top on weaker demand SINGAPORE: Asian spot liquefied natural gas (LNG) prices eased this week from a more than eight-month top on the... Published 23 Aug, 2024 04:38pm
Markets North Field: Kuwait in talks with Qatar for new 15-year LNG supply deal DOHA: Qatar Energy is in talks with Kuwait Petroleum Corporation (KPC) for a new long-term supply of liquefied... Updated 21 Aug, 2024 08:02am
Markets China’s gasoline exports fall 35.7% in July as profit margins weaken BEIJING: China’s gasoline exports fell 35.7% in July from a year earlier, customs data showed on Sunday, as refiners... Published 18 Aug, 2024 11:15am
Markets Global LNG: Asia spot prices rise to 8-month top amid hot weather demand SINGAPORE: Asian spot liquefied natural gas (LNG) prices rose to their highest in over eight months, with warmer... Published 16 Aug, 2024 05:16pm
World Bangladesh power use grows as searing heat eclipses economic disruption SINGAPORE: Bangladesh’s electricity demand grew 7% over three weeks of deadly nationwide protests that disrupted... Published 12 Aug, 2024 03:08pm
Markets Global LNG: Asia spot LNG prices remain at 7-month high amid Russian supply concerns LONDON: Asian spot liquefied natural gas (LNG) prices remained at their highest level in over seven months, tracking... Published 09 Aug, 2024 06:58pm
Markets US natgas prices little changed despite near-record breaking heat NEW YORK: US natural gas futures held steady on Friday, supported by rising gas flows to liquefied natural gas (LNG)... Published 04 Aug, 2024 02:47am
Markets Global LNG: Asia spot LNG prices above 7-month high on hot weather, Mideast tensions LONDON: Asian spot liquefied natural gas (LNG) prices rose this week to their highest level in over seven months as... Published 02 Aug, 2024 07:36pm
Markets Ogra raises rate of LPG ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) on Wednesday notified raise by Rs2.27 per kg on domestic and... Updated 01 Aug, 2024 06:53am
Markets Global LNG: Asia spot prices slip as Freeport LNG loadings resume, Japan stocks rise SINGAPORE: Asian spot liquefied natural gas (LNG) prices eased this week, amid a resumption of loading at Freeport... Published 26 Jul, 2024 05:04pm
Markets US natgas prices jump NEW YORK: US natural gas futures jumped about 4% to a one-week high on Monday with an increase in the amount of gas... Published 23 Jul, 2024 08:29am
Opinion Smoke and mirrors Pakistan’s energy sector is in a peculiar mess. On paper, the electricity supply is sufficient at a lower energy... Updated 22 Jul, 2024 07:17am
Markets Global LNG: Asia spot prices supported by Freeport LNG outage, summer demand SINGAPORE: Asian spot liquefied natural gas (LNG) prices held steady this week on the back of support from an outage... Published 19 Jul, 2024 06:00pm
Markets US natgas prices edge up 1pc on record power demand NEW YORK: US natural gas futures edged up about 1% on Tuesday from a 10-week low in the prior session after power... Published 17 Jul, 2024 02:42am
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer