Trends - oil refinery - Business Recorder

oil refinery

BP urges more oil, gas investment while speeding energy transition

NEW DELHI: Global oil major BP said the world must invest in the production of oil and gas to avoid to sharp price...

Published 26 Aug, 2023 02:46pm

World

Sri Lanka scraps $3.85bn foreign-funded oil refinery

COLOMBO: Cash-strapped Sri Lanka announced on Tuesday it was scrapping a $3.85 billion deal to build an oil refinery...

Published 15 Aug, 2023 07:15pm

Markets

OGDCL, PSO ink agreement for ‘greenfield refinery project’ in Balochistan

MoU signed between both companies for cooperation/collaboration and joint investment strategy for setting up project under consortium arrangement with foreign investors

Updated 27 Jul, 2023 05:06pm

Markets

Pakistan will see $10bn investment in refinery sector 'very soon': Musadik Malik

Says its details cannot be shared at the moment, pitches Pakistan as 'investment-friendly' country

Updated 25 May, 2023 07:23pm

Markets

OPEC+ to hold June policy meeting in person

LONDON: OPEC+ has confirmed it will hold its June 4 policy meeting in person in Vienna, four sources familiar with...

Published 03 May, 2023 09:26pm

Markets

Attock Refinery scales back operation amid low HSD intake

Attock Refinery Limited, a subsidiary of Attock Oil Company Limited, on Wednesday, announced that it will curtail...

Updated 03 May, 2023 07:49pm

Multi-billion refinery to help bring oil prices down: Musadik

ISLAMABAD: Minister of State for Petroleum Dr Musadik Malik on Friday said that Prime Minister Shehbaz Sharif had...

Updated 29 Apr, 2023 11:40am

Pakistan

Govt to set up multibillion-dollar oil refinery in Pakistan

Prime Minister Shehbaz Sharif has approved $10 to $14 billion worth of oil refinery in Pakistan, junior petroleum...

Updated 28 Apr, 2023 10:11pm

Setting up of big refinery in Balochistan: proposals sought

CSG and a Chinese consortium are coordinating to setup a 10 million MTPA refinery project in Pakistan

Updated 12 Apr, 2023 12:54pm

Iraq launches new oil refinery to reduce imports

KARBALA: Iraq inaugurated an oil refinery in the central city of Karbala, on Saturday, a project the government...

Updated 02 Apr, 2023 10:25am

Markets

China 2023 oil refinery output forecast to rise

BEIJING: China’s oil refinery throughput this year is forecast to rise 7.8%, according to a think tank of state...

Published 28 Mar, 2023 06:21am

Saudi Arabia links oil refinery’s setup with political consensus

Saudi Minister of Investment had suggested that in order to develop across the board political consensus and ownership of the oil refinery project the matter may also be tabled before the Parliament

Updated 03 Feb, 2023 09:20am

Markets

Asia spot 380-cst HSFO extends gains

SINGAPORE: Asia’s spot cash differential for 380-cst high sulphur fuel oil (HSFO) extended gains to a second...

Published 18 Jan, 2023 06:22am

Markets

Chinese team kicks off initial work on Gwadar oil refinery

QUETTA: A 15-member Chinese team consisting of engineers and experts started the initial work for implementing the...

Published 17 Jan, 2023 06:02am

Markets

Mexico’s newest oil refinery now seen working at half capacity in mid-2023

MEXICO CITY: Mexican state oil company Pemex’s newest refinery will reach half of its crude processing capacity in...

Published 27 Dec, 2022 06:07am

Markets

Attock Refinery restarts operations at main distillation unit

Attock Refinery Limited (ATRL), a subsidiary of the Attock Oil Company Limited, said on Monday that it has commenced...

Updated 26 Dec, 2022 06:01pm

Oil refinery project: Chinese team visits Gwadar

ISLAMABAD: In order to materialise the $4.5 billion oil refinery project in Gwadar, five-member delegation of...

Updated 21 Dec, 2022 09:58am

Markets

Attock Refinery temporarily shuts down main distillation unit

Becomes second major refinery to either shut or limit its operations in recent days

Published 13 Dec, 2022 01:32pm

Markets

Oil prices rise, but Chinese demand worries linger

LONDON: Oil prices rose on Friday in thin market liquidity, closing a week marked by worries about Chinese demand...

Updated 25 Nov, 2022 07:12pm

Markets

Ogra asked to examine demand for furnace oil by power sector, industry

ISLAMABAD: Directorate General of Oil (Petroleum Division) has requested Oil and Gas Regulatory Authority (Ogra) to...

Published 25 Nov, 2022 06:59am

Markets

ARL links supply of JP-8 to FFO upliftment

ISLAMABAD: M/s Attock Refinery Limited (ARL) has linked supply of JP-8 to Pakistan Air Force (PAF) subject to...

Published 19 Nov, 2022 07:09am

Pakistan, KSA to sign several pacts

ISLAMABAD: Pakistan and Saudi governments are giving final touches to several pacts including Bilateral Investment...

Updated 11 Nov, 2022 09:20am

MBS may announce investment projects during his visit

ISLAMABAD: Saudi Crown Prince and the Prime Minister of the Kingdom, Mohammad bin Salman is expected to visit...

Updated 08 Nov, 2022 09:38am

KSA willing to set up $10bn oil refinery: PM

Says Saudi Crown Prince Muhammad bin Salman said that he was ready to do anything for Pakistan

Updated 29 Oct, 2022 10:01am

Pakistan

PAC examines audit reports of petroleum division for 2019-20

ISLAMABAD: A parliamentary panel on Wednesday was apprised that the Saudi government’s pledge to set up an ultra...

Published 25 Aug, 2022 06:09am

Markets

OPEC+ meets with little prospect of pumping more oil

LONDON: OPEC and OPEC+ began two days of meetings on Wednesday with sources saying a big policy change was unlikely...

Published 29 Jun, 2022 08:51pm

Markets

Govt makes a move towards Russian crude import, urges refineries to furnish analysis

Development comes after Prime Minister Shehbaz Sharif-led coalition government had started weighing possibility of importing oil and gas from Russia to meet the country’s energy requirements

Updated 29 Jun, 2022 06:31pm

Markets

Biden looking to address oil refinery capacity, White House adviser says

WASHINGTON: U.S. President Joe Biden is looking at ways to bring in more oil supplies amid rising energy costs,...

Published 10 Jun, 2022 08:39pm

World

Six missiles land near oil refinery in Iraq's Erbil - statement

ERBIL, Iraq: Six missiles landed near an oil refinery in Iraq's northern city of Erbil on Sunday, Kurdistan...

Published 02 May, 2022 12:13am

World

At least 80 killed in Nigerian oil blast

LAGOS: An explosion at an illegal oil refinery in southern Nigeria has killed at least 80 people, the emergency...

Updated 24 Apr, 2022 02:09pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 11 786 Investments Limited(786)	5.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 11 Al-Abbas Sugar Mills Limited(AABS)	526 ▼ 0.00 (0.00%)
Agro Allianz / Dec 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 11 Allied Bank Limited(ABL)	90.51 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 11 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▼ 0.00 (0.00%)
Abson Ind. / Dec 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 11 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 11 Attock Cement Pakistan Limited(ACPL)	105.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 11 786 Investments Limited(786)	5.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 11 Al-Abbas Sugar Mills Limited(AABS)	526 ▲ 0.00 (0.00%)
Agro Allianz / Dec 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 11 Allied Bank Limited(ABL)	90.51 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 11 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▲ 0.00 (0.00%)
Abson Ind. / Dec 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 11 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▲ 0.00 (0.00%)
Attock Cement / Dec 11 Attock Cement Pakistan Limited(ACPL)	105.15 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.00
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.00
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.00
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.00
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.00
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▲ 0.00
B.O.Punjab / Dec 11 The Bank of Punjab(BOP)	32,876,325 ▲ 0.00
Pak Elektron / Dec 11 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.00
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.00
Pak Int.Bulk / Dec 11 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

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