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Oil and gas

EU may clinch summit deal to embargo Russian oil shipments

BRUSSELS: EU countries scrambled on Friday to reach a deal that would embargo seaborne deliveries of Russian oil but...

Published 27 May, 2022 08:06pm

Opinion

UK oil capital tackles the energy transition… up to a point

In Aberdeen, northeast Scotland, offshore wind turbines, the extension to the city’s port, and hydrogen buses are...

Published 13 May, 2022 05:59am

Business & Finance

Pakistan Petroleum begins oil & gas production from DS X-1 well

Says it is an operator of the Dhok Sultan Block in Punjab and holds 75% working interest in it

Published 06 May, 2022 12:46pm

Editorials

May Day deadline

EDITORIAL: Hopefully Prime Minister Shehbaz Sharif’s promise to end power load-shedding across the country by May...

Published 30 Apr, 2022 05:53am

Markets

World needs extra $1.3 trillion energy investment by 2030: JP Morgan

LONDON: The world needs to find $1.3 trillion of incremental investment by 2030 to boost all types of energy output...

Published 20 Apr, 2022 05:40pm

Markets

Russian oil output falls below 10mn bpd, lowest since July 2020

Russian oil and gas condensate production fell below 10 million barrels per day (bpd) on Monday to its lowest since...

Published 12 Apr, 2022 09:32pm

Exploration of oil, gas: Body formed to fine-tune Model Production Sharing Agreement draft

ISLAMABAD: Cabinet Committee on Energy (CCoE) has constituted an inter-ministerial committee under the chairmanship...

Updated 16 Mar, 2022 09:55am

CCoE body to review oil, gas exploration status

ISLAMABAD: The Cabinet Committee on Energy (CCoE) constituted a committee headed by Federal Minister for Energy...

Updated 05 Mar, 2022 10:07am

Markets

Russia can still send oil and gas to Britain despite port ban

LONDON: Russia can still send oil and gas to Britain despite a ban on the country’s ships visiting British ports,...

Published 03 Mar, 2022 04:39am

Business & Finance

Shipping giants steer clear of Russia as Western net tightens

LONDON: The world’s biggest shipping lines MSC and Maersk on Tuesday suspended container shipping to and from...

Published 02 Mar, 2022 04:35am

Markets

OKTA Group plans $500mn investment in Pakistan’s oil & gas sector

Objective is to 'localise supply of critical hydrocarbon resources' over the next few years

Published 24 Feb, 2022 10:03pm

Markets

Duterte defends $565m gas deal after senate endorses complaint

MANILA: Philippines President Rodrigo Duterte on Friday defended the sale of an oil and gas concession to a firm...

Published 05 Feb, 2022 05:47am

Markets

Judge cancels major US oil and gas exploration sale

WASHINGTON: A judge on Thursday cancelled the sale of oil and gas exploration leases of some 80 million acres in the...

Published 29 Jan, 2022 06:05am

Markets

Kazakh oil, condensate output down 6% in early Jan amid protests

MOSCOW: Kazakhstan's daily oil and gas condensate production fell 6% in early January from December levels, ...

Published 10 Jan, 2022 08:52pm

Markets

Russia seen missing its May target for pre-pandemic oil output

MOSCOW: Russia is unlikely to hit its May target of pre-pandemic oil output levels due to a lack of spare production...

Published 29 Dec, 2021 06:57am

Editorials

Alarming rise in import bill

EDITORIAL: Pakistan’s import bill rose by 64 percent to 25.1 billion dollars in four months (July-October) against...

Updated 27 Dec, 2021 10:44am

Markets

Activist group targets Exxon with shareholder climate resolution

LONDON: Climate activist group Follow This targeted Exxon Mobil Corp with a shareholder resolution urging it to...

Published 13 Dec, 2021 06:45am

Markets

Nigerian wellhead has spilled 2m barrels of oil and gas

ABUJA: A wellhead leak in Nigeria’s Bayelsa state has spewed two million barrels of oil and gas equivalent into ...

Published 08 Dec, 2021 06:22am

Markets

Shell ditches the Dutch, seeks move to London in overhaul

LONDON: Royal Dutch Shell said on Monday it would scrap its dual share structure and move its head office to Britain...

Published 16 Nov, 2021 04:26am

Markets

UAE says world still needs to invest billions in oil and gas

ABU DHABI: The UAE, one of the world's top crude exporters, said a recent UN climate summit in Glasgow was a...

Published 16 Nov, 2021 04:26am

World

'Beyond Oil' alliance adds members, but shunned by UK climate summit host

GLASGOW: A fledgling international alliance to halt new oil and gas drilling added six members on Thursday during ...

Published 12 Nov, 2021 04:46am

SNGPL, SSGC consumers: Increase in prices notified

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) Tuesday notified an increase in the prices of $0.4294 per...

Published 13 Oct, 2021 04:33am

BR Research

PPL - comfortable in FY21

Pakistan Petroleum Limited (PSX: PPL) is leading the consortium of four public sector exploration and production...

Published 21 Sep, 2021 07:35am

Business & Finance

Pakistan steps up oil and gas imports as economic activities rebound

Its total imports of oil and refined fuels went up by 24% to about 10 million tonnes in the financial year which ended in June, data from Pakistan's ministry of petroleum shows

Updated 01 Sep, 2021 08:27pm

Business & Finance

Pakistani E&P consortium awarded oil block in Abu Dhabi

In a major development for Pakistan, a consortium of the country’s major E&P Companies has been awarded...

Published 31 Aug, 2021 06:06pm

BR Research

CPI: Risky business

The CPI inflation clocked at 8.4 percent in July 21. The headline number is falling. However, the monthly recording...

Published 03 Aug, 2021 08:47am

BR Research

Are E&P charms returning?

With oil and gas exploration and production flows weakening over the few years, reserves running dry, and ...

Published 02 Aug, 2021 08:40am

Business & Finance

Petrol price increased by Rs1.71, now stands at Rs119.8 per litre

Petrol prices increased by Rs1.71 to Rs.119.8 per litre, while the price of diesel remained unchanged, as per the...

Published 31 Jul, 2021 10:26pm

Business & Finance

Pakistan's E&P consortium to incorporate special purpose vehicle

Consortium shall incorporate a company in Abu Dhabi Global Market or Pakistan, says notice to PSX

Published 24 Jun, 2021 06:00pm

Business & Finance

Eni, BP in talks over oil and gas assets in Algeria

Earlier this month, they announced they were in talks to forge a joint venture to run their combined operations in Angola.
They have also looked at the idea of creating a joint venture in the North African country similar to the Angolan model, the sources said.

Updated 31 May, 2021 09:09pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Petrol/Litre / May 2	288.49
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Diesel/Litre / May 2	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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