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oil refinery

Korangi Creek fire reignited to ‘prevent gas leak hazards’: official

A massive fire that erupted last month near an oil refinery in Karachi’s Korangi Creek area extinguished by itself...

Published 15 Apr, 2025 09:10pm

Markets

Oil prices rise on supply shocks, prospect of US interest rate cuts

NEW YORK: Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet demand will...

Updated 17 Sep, 2024 09:47pm

Markets

China’s refinery output falls for a fifth month as fuel demand disappoints

SINGAPORE/BEIJING: China’s oil refinery output in August fell 6.2% from a year earlier, official data showed on...

Published 14 Sep, 2024 10:46am

Markets

Attock Refinery CEO calls for phased deregulation in petroleum prices

Adil Khattak, Chief Executive Officer (CEO) of Attock Refinery Limited and Attock Gen Limited, has called for a...

Published 02 Aug, 2024 04:06pm

BR Research

Interview with Adil Khattak, Chief Executive Officer of Attock Refinery Limited & Attock Gen Limited

‘Government should prioritise supporting existing refineries willing to upgrade and expand’ Adil Khattak, Chief...

Published 02 Aug, 2024 08:36am

World

Ukraine drone strike halts operations at Russian refinery

MOSCOW: A Ukrainian drone attack ignited a fire at an oil refinery in southern Russia, forcing it to halt...

Published 06 Jun, 2024 12:27pm

Sinopec not interested in refinery project

ISLAMABAD: The government’s plan to set up an oil or petrochemical refinery with China’s cooperation is almost a...

Updated 04 Jun, 2024 11:26am

Markets

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

ARL links supply of JP-8 to FFO upliftment

Markets

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.37
USD PKR Interbank Buying / Jun 16	283.17
USD to Japanese Yen / Jun 16	144.74
USD to Swiss Franc / Jun 16	0.81
Pound Sterling to USD / Jun 16	1.36
Euro to USD / Jun 16	1.16
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
Nasdaq / Jun 14	19,406.83
Dow Jones / Jun 14	42,197.79
India Sensex / Jun 16	81,650.51
Tokyo Nikkei / Jun 16	38,314.09
Hang Seng / Jun 16	23,975.22
FTSE 100 / Jun 16	8,884.17
Germany DAX 30 / Jun 16	23,603.27
France CAC40 / Jun 16	7,748.88

Item	Value
Petrol/Litre / Jun 16	258.43
Crude Oil USD/Barrel / Jun 16	71.77
Karachi Cotton PKR/37.32 KG / Jun 16	16,785
Gold 10 Grams PKR / Jun 16	310,613
Gold Spot USD/Ounce / Jun 16	3,417.30
Diesel/Litre / Jun 16	262.59
Cotton US¢/pound / Jun 16	68.02

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 16 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.93 ▲ 1 (34.13%)
First Prudential Mod. / Jun 16 First Prudential Modaraba(PMI)	4.39 ▲ 1 (29.5%)
First Punjab Modaraba / Jun 16 First Punjab Modaraba(FPJM)	4.48 ▲ 1 (28.74%)
Cresent Jute / Jun 16 Crescent Jute Products Limited(CJPL)	4.57 ▲ 1 (28.01%)
Unicap Modaraba / Jun 16 Unicap Modaraba(UCAPM)	4.60 ▲ 0.95 (26.03%)
Ist.Capital Sec / Jun 16 First Capital Securities Corporation(FCSC)	3.85 ▲ 0.79 (25.82%)
Shaheen Ins. / Jun 16 Shaheen Insurance Company Limited(SHNI)	5.67 ▲ 0.92 (19.37%)
Media Times Ltd / Jun 16 Media Times Limited(MDTL)	3.21 ▲ 0.5 (18.45%)
Equity Modaraba / Jun 16 First Equity Modaraba(FEM)	3.86 ▲ 0.58 (17.68%)
LSE Capital / Jun 16 LSE Capital Limited(LSECL)	6.37 ▲ 0.9 (16.45%)

Stock	Price
Intermarket Securities / Jun 16 Intermarket Securities Limited(IMS)	5.82 ▼ -51.44 (-89.84%)
PIA Holding Co.B / Jun 16 PIA Holding Company Limited B(PIAHCLB)	17,000.19 ▼ -1888.91 (-10%)
Pakgen Power / Jun 16 Pakgen Power Limited(PKGP)	263.77 ▼ -29.31 (-10%)
Khyber Textile / Jun 16 Khyber Textile Mills Limited(KHYT)	1,615.10 ▼ -179.45 (-10%)
Hala Enterprise / Jun 16 Hala Enterprises Limited(HAEL)	27.62 ▼ -3.07 (-10%)
Faisal Sp. / Jun 16 Faisal Spinning Mills Limited(FASM)	299.22 ▼ -30.74 (-9.32%)
Apna Microfin. / Jun 16 Apna Microfinance Bank Limited(AMBL)	10.70 ▼ -0.96 (-8.23%)
GOC (Pak) / Jun 16 GOC (Pak) Limited.(GOC)	73.72 ▼ -5.38 (-6.8%)
Ashfaq Textile / Jun 16 Ashfaq Textile Mills Limited(ASHT)	24.16 ▼ -1.54 (-5.99%)
LSE Financial Serv. / Jun 16 LSE Financial Services Limited(LSEFSL)	40.60 ▼ -2.37 (-5.52%)

Stock	Volume
WorldCall Telecom / Jun 16 Worldcall Telecom Limited(WTL)	267,081,176 ▲ 0.17
Pervez Ahmed Consultancy / Jun 16 Pervez Ahmed Consultancy Services Ltd.(PASL)	92,031,551 ▲ 1
Ist.Capital Sec / Jun 16 First Capital Securities Corporation(FCSC)	86,020,335 ▲ 0.79
Kohinoor Spining / Jun 16 Kohinoor Spinning Mills Limited(KOSM)	73,827,515 ▲ 0.48
Media Times Ltd / Jun 16 Media Times Limited(MDTL)	56,419,406 ▲ 0.5
PIA Holding Co.Ltd / Jun 16 PIA Holding Company Limited(PIAHCLA)	43,086,504 ▲ 1.78
Sui South Gas / Jun 16 Sui Southern Gas Company Limited(SSGC)	37,905,727 ▲ 1.76
Dewan Cement / Jun 16 Dewan Cement Limited(DCL)	29,277,399 ▲ 1.11
Cnergyico PK / Jun 16 Cnergyico PK Limited(CNERGY)	23,084,256 ▼ -0.06
K-Electric Ltd. / Jun 16 K-Electric Limited(KEL)	22,313,740 ▲ 0.04

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