Topic

Oil and gas production

OGDCL commences oil production from Pasakhi-14 in Hyderabad

Updated 14 Nov, 2025 10:23pm

Company announces commencement of 1,100 barrels per day (bpd) oil production from its new development well

Despite lower sales: POL’s Q1 profit soars to Rs5.4b

Published 29 Oct, 2025 07:00am

KARACHI: Pakistan Oilfields Limited (POL) reported a strong surge in profitability for the first quarter ended...

Oil, gas exploration activities: Malik, US firm discuss revival plan for dormant block

Updated 02 Oct, 2025 09:17am

ISLAMABAD: Ali Pervaiz Malik, the Federal Minister for Petroleum, and senior officials from the international and...

RLNG import glut: Pakistan oil, gas production hit over two-decade low in FY25

Published 15 Aug, 2025 08:01pm

KARACHI: Pakistan’s oil and gas production hit over two-decade low in the financial year 2024-25 (FY25), with oil...

OGDCL installs ESP to enhance production in Chakwal

Published 02 Aug, 2025 08:04am

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has enhanced production at its Rajian well-05 in...

Forced curtailments, low demand drag down Pakistan’s oil & gas output in FY25

Published 24 Jul, 2025 04:06pm

Oil and gas production in Pakistan declined significantly by 12% and 7% year-on-year (YoY), respectively, in FY25,...

OGDCL boosts oil, gas production at Rajian-05 well in Chakwal

Published 08 Jul, 2025 07:24am

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) has successfully enhanced production at its Rajian ...

Oil & gas production soars at OGDCL’s Rajian oilfield in Punjab

Updated 07 Jul, 2025 10:30pm

In a move towards enhancing oil and gas production, Oil and Gas Development Company Limited (OGDCL), one of...

Exxon beats Wall Street profit estimate, boosted by Guyana and Permian production

Published 02 May, 2025 06:49pm

HOUSTON: Exxon Mobil on Friday beat Wall Street’s estimate for first-quarter profit as higher oil and gas production...

PPL begins gas production from Sindh’s Pateji X-1

Published 10 Apr, 2025 02:46pm

The block is operated by PPL with 63% working interest

Pakistan, Turkiye sign joint bidding agreement for offshore oil, gas exploration

Published 08 Apr, 2025 08:44pm

Pakistan and Turkiye on Tuesday signed a joint bidding agreement to participate in the country’s offshore oil and...

Mari Energies begins hydrocarbon production from KP’s Shewa discovery

Updated 25 Mar, 2025 04:06pm

Mari Energies Limited, formerly Mari Petroleum Company Limited (MARI), has commenced hydrocarbon production from...

Govt keeps petrol, diesel prices unchanged

Published 15 Mar, 2025 11:05pm

Prices of petrol and HSD to remain at Rs255.63, and Rs258.64 per litre, respectively

Trump’s tariffs threat hits Canada’s oil and gas drillers

Published 03 Mar, 2025 05:08pm

CALGARY: Canada’s oil field drilling and services sector is already showing signs of slowing due to U.S. President...

PPL in 1HFY25

Published 03 Mar, 2025 07:25am

Pakistan Petroleum Limited (PSX: PPL), a key player in the country’s energy sector, reported its financial and...

OGDCL begins oil & gas production from Khairpur’s Kharo-1 well

Updated 15 Jan, 2025 07:22pm

Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,...

PPL in 1QFY25

Published 30 Oct, 2024 09:20am

The oil and gas exploration and production sector has witnessed a weak first quarter of FY25, primarily due to...

OGDCL begins oil & gas production from Sindh

Updated 24 Oct, 2024 08:18pm

Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,...

OGDCL finds new gas reserves in Sindh

Updated 23 Oct, 2024 11:25pm

Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,...

POL 1QFY25 – Profits hit by exploration costs

Published 21 Oct, 2024 09:15am

The overall oil and gas E&P sector is expected to see a decline in profitability during 1QFY25, largely due to...

PPL begins oil & gas production from Punjab

Updated 15 Oct, 2024 12:02am

Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, announced commencement of hydrocarbon production...

PPL FY24 – earnings growth amid production decline

Updated 26 Sep, 2024 09:44am

For FY24, Pakistan Petroleum Limited (PSX: PPL) reported a 17 percent year-on-year growth in earnings, despite...

POL strikes despite production dip

Published 06 Sep, 2024 08:53am

The oil production of Pakistan witnessed an uptick of 1.4 percent year-on-year in FY24. Meanwhile, gas production...

Petroleum policy: consistency is the key

Updated 13 Aug, 2024 07:34am

EDITORIAL: The energy sector mess in Pakistan has multiple dimensions. One dynamic is falling domestic oil and gas...

Oil prices rise off six-week lows as US fuel stocks decline

Updated 24 Jul, 2024 08:45pm

HOUSTON: Oil prices rose on Wednesday, supported by large draws in U.S. crude and fuel stocks, but were still close...

MARI successfully concludes Ghazij appraisal program

Published 23 Jul, 2024 11:34am

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, successfully...

PPL commences oil & gas production from Punjab

Published 18 Jul, 2024 02:00pm

Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, announced commencement of hydrocarbon production...

Pakistan Oilfields discovers oil & gas reserves in Attock District

Published 15 Jul, 2024 08:07pm

Pakistan Oilfields Limited (POL), an oil and gas exploration company, has discovered hydrocarbon reserves at its...

OGDC revitalises oil producing Kunnar-11 well in Sindh

Updated 08 Jul, 2024 09:56pm

Oil and Gas Development Company Limited (OGDCL) has successfully revitalised production from Kunnar-11 well located...

KP to streamline development of its ‘oil, gas districts’

Published 08 Jul, 2024 07:44am

PESHAWAR: The Khyber Pakhtunkhwa government has decided to further improve the production bonus guidelines issued ...

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BR30
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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

Oil and gas production

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