Trends - OGDCL - Business Recorder

OGDCL

Penalty imposed on PD over secy's absence from PAC meeting

ISLAMABAD: A parliamentary panel imposed penalty on Petroleum Division for the secretary Petroleum Division's ...

Published 09 Jun, 2021 03:29am

Pakistan

Employees and family members: OGDCL F-8 Medical Centre declared Corona vaccination centre

ISLAMABAD: The District Management Islamabad has declared OGDCL F-8 Medical Centre as Vaccination Centre of COVID-19...

Published 30 May, 2021 03:51am

PPL, OGDCL: Divestment of shares deferred by CCoP

ISLAMABAD: A meeting of the Cabinet Committee on Privatization (CCoP) has deferred divestment of government shares ...

Published 22 May, 2021 04:05am

Divestment of PPL, OGDCL shares opposed by PD

ISLAMABAD: Petroleum Division has opposed divestment of Pakistan Petroleum Limited (PPL) and Oil and Gas Development...

Published 19 May, 2021 06:00am

Pakistan

OGDCL discovers new gas reservoir in Balochistan

The structure of Jandran X-04 was delineated, drilled and tested using OGDCL’s in house expertise.

Published 18 May, 2021 11:11pm

OGDCL discovers gas from Jandran X-04 well

KARACHI: Oil and Gas Development Company Limited (OGDCL) as operator (100 percent) of Jandran Exploration Licence ...

Published 18 May, 2021 05:05am

Business & Finance

ODGCL discovers gas reserves in Balochistan

OGDCL said that the discovery of Jandran X-04 is the result of aggressive exploration strategy adopted by the company.

Published 17 May, 2021 11:46am

BR Research

E&P companies take a hit

The oil and gas exploration and production sector has not been vibrant due to weaker oil and gas production amid...

Published 28 Apr, 2021 07:35am

Business & Finance

OGDCL earns Rs66.35bn profit after tax for 9 months

KARACHI: The Board of Directors of Oil and Gas Development Company Limited (OGDCL) in its meeting held on April 26,...

Updated 28 Apr, 2021 10:04am

Pakistan

OGDCL posts Rs66.35bn profit in 3rd quarter of 2020-21

The company’s Board of Directors determined a final cash dividend of Rs. 15.43 per share, besides announcing another interim profit of Rs. 1.80.

Published 27 Apr, 2021 10:40pm

Signing ceremony of petroleum licences: Major step taken to help attract investment

ISLAMABAD: Federal Minister for Energy Muhammad Hammad Azhar graced the signing ceremony of Petroleum...

Published 24 Apr, 2021 03:21am

OGDCL attracts criticism from parliamentary panel

ISLAMABAD: A parliamentary panel, on Tuesday, criticised the state-owned Oil and Gas Development Company Limited...

Published 14 Apr, 2021 03:21am

Zafar Masud named OGDCL BoD’s chairman

ISLAMABAD: The Board of Directors of Oil and Gas Development Company Limited in term of Section 192 of the...

Published 01 Apr, 2021 04:10am

Pakistan

OGDCL produces 36,423 BBL oil, 856 MMCFD gas in six months

During the period under review, the OGDCL's oil and gas production was impacted primarily by natural decline at Kunnar, KPD-TAY, Dakhni and Nashpa fields.

Published 15 Mar, 2021 08:33pm

BR Research

A slower quarter for E&Ps

The E&P sector’s production of crude oil and natural gas has been declining in recent years due to depleting...

Published 02 Mar, 2021 07:40am

Pakistan

OGDCL spending Rs10.22mn in Lakki Marwat under CSR initiative

The OGDCL said appointments were made in accordance with criteria approved by its Board of Directors, and currently as many as 67 contractual and regular employees were working with it, who had the District Lakki Marwat domiciles.

Published 28 Feb, 2021 06:31pm

Pakistan

Three capital market transactions: PC will offer shares to public by April

ISLAMABAD –The Privatisation Commission (PC) will offer shares to the public in three capital market transactions...

Updated 24 Feb, 2021 09:43am

BR Research

MARI – Buoyed for FY21

Lower production in 2QFY21 both year-on-year as well as sequentially as well as currency appreciation have been ...

Published 23 Feb, 2021 07:40am

Pakistan

OGDCL injects 14 new wells in production gathering system during 2nd quarter

The company has also secured 11 new Exploration and Production (E&P) blocks during a recent bidding-round held for award of 20 blocks by the Petroleum Division.

Published 15 Feb, 2021 06:44pm

Opinion

Energy sector

There were times when our energy sector was rated in the region as one of the best performing and forward looking...

Published 13 Feb, 2021 04:11am

MPCL matter likely to land in Cabinet meeting today

ISLAMABAD: The removal of 45 percent dividend distribution cap on Mari Petroleum Company Limited (MPCL) under Gas...

Published 09 Feb, 2021 04:43am

Pakistan

PHC orders FIA to probe alleged crude oil theft

PESHAWAR: A two-member bench of the Peshawar High Court (PHC) on Tuesday ordered Federal Investigation Agency (FIA)...

Updated 03 Feb, 2021 09:28am

Pakistan

Sial-1 Well in Sindh: Gas/condensate discovered

KARACHI: By the grace of Almighty Allah, Oil & Gas Development Company Limited (OGDCL) as Operator (95%) and...

Updated 03 Feb, 2021 09:25am

Pakistan

OGDCL makes oil, gas discovery in Sindh

There is 1.146 MMSCFD of gas and 680 (BPD) of condensate from the well, which was drilled down to the depth of 2,442 meters.

Published 02 Feb, 2021 07:07pm

Business & Finance

OGDCL discovers Hydrocarbon reserves in Sindh

As per details, the OGDCL as the operator (95 percent) and Government Holding (Private) Limited (5%) has discovered gas and condensate from its exploratory well Sial-1, which is located in district Hyderabad, Sindh province.

Published 02 Feb, 2021 12:19pm

Business & Finance

Govt gives Provisional Award of New Exploration Blocks to E&P firms

The blocks have been awarded after competitive bidding, on the basis of work units committed by different E&P Companies in the Block Bidding Round 2020 arranged by the Government.

Published 28 Jan, 2021 10:47am

Pakistan

Inflation down to 6.4pc in December, expected to decrease further in coming months, Cabinet told

The participants were told that the exchange rate was stable whereas the country’s stock market was at the highest level after April 2018.

Published 26 Jan, 2021 11:13pm

Markets

PSX undergoes jittery ride: BRIndex100 slips

KARACHI: Pakistan Stock Exchange Monday closed on a negative note as investors opted to book profit on available...

Published 19 Jan, 2021 04:22am

Pakistan

OGDCL adds 2,666 BPD oil, 82 MMCFD gas in system during 2nd quarter of FY 2020-21: MD

Besides, the MD said, the OGDCL had made contribution of Rs 130 billion to the national exchequer during the year 2019-20.

Published 10 Jan, 2021 07:08pm

Pakistan

OGDCL carries out 975 L-KMs 2-D seismic surveys

The acquired seismic data represented 80 percent of total 2D seismic data acquisition in the country.

Published 05 Jan, 2021 06:34pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 4	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 4 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 4 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 4 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 4 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 4 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 4 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 4 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 4 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 4 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 4 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 4 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 4 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 4 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 4 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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