Trends - PARCO - Business Recorder

PARCO

Completing the petroleum value chain

Petroleum products, including crude oil, have the highest share in Pakistan’s external trade. Approximately 20% of...

Published 16 Feb, 2024 06:02am

PARCO pipeline: Customs unearths ‘tunnel’ dug for stealing diesel

KARACHI: Customs Intelligence has busted a gang stealing non-duty paid diesel from the PARCO oil pipeline via a...

Updated 25 Jan, 2024 09:46am

Opinion

The rampant energy theft

Pak-Arab Refinery Company (PARCO) reported this week an incident of oil theft that purportedly took place at a...

Updated 20 Jan, 2024 05:56am

Business & Finance

PARCO reports another oil theft incident at Bin Qasim

KARACHI: Following a police complaint by Pak-Arab Refinery Company (PARCO), another incident of oil theft from a...

Published 16 Jan, 2024 05:44am

Pakistan

PSDF, PARCO sign MoU to provide technical training

LAHORE: Punjab Skill Development Fund (PSDF) and Pak-Arab Refinery Company Ltd (PARCO) have signed MoU under which...

Published 24 Jul, 2023 06:56am

Business & Finance

Govt negotiating second cargo of discounted Russian crude

ISLAMABAD: The State Minister for Petroleum, Dr Musadik Malik, on Wednesday said that talks with Russia are...

Updated 13 Jul, 2023 09:11am

Markets

Pakistan’s PARCO issues fuel oil sales tender for July

SINGAPORE: Pakistan’s Pak-Arab Refinery Limited (PARCO) has offered fuel oil for July loading in its latest tender,...

Published 05 Jul, 2023 11:52am

LNG deal with Azerbaijan to help end gas crisis by next winter: Musadik

ISLAMABAD: State Minister for Petroleum Musadik Malik Wednesday assured that Pakistan’s Liquefied Natural Gas (LNG)...

Updated 22 Jun, 2023 08:59am

Pakistan

Jazz joins CoRe Alliance to advance climate commitment

ISLAMABAD: Jazz has announced joining the Collect and Recycle (CoRe) Alliance to advance its climate commitment....

Published 07 Jun, 2023 06:05am

Markets

PARCO team meets Sindh energy minister

KARACHI: A three-member delegation of Pak Arab Refinery Limited (PARCO) Wednesday met with Sindh Energy Minister...

Published 04 May, 2023 04:26am

Russian oil: govt places single cargo order as test case

ISLAMABAD: Pakistan has placed its first order for discounted Russian crude oil under a new commercial deal struck...

Updated 21 Apr, 2023 08:51am

Markets

OGDCL, PARCO ink MoU on new projects

ISLAMABAD: Oil & Gas Development Company Limited (OGDCL) and PARCO ink an MoU for new projects, as part of...

Published 15 Apr, 2023 06:19am

Markets

Parco shuts refinery for five days for maintenance

ISLAMABAD: Pak-Arab Refinery Ltd temporarily shut down its refinery operations for five days as part of its ...

Published 07 Apr, 2023 06:06am

Markets

‘Scheduled maintenance’: PARCO shuts down refinery for 5 days

Shutdown not expected to disrupt supply of petrol and diesel in Pakistan, it says

Published 06 Apr, 2023 05:08pm

Markets

MoU signed to explore, pursue green hydrogen opportunities

ISLAMABAD: Leading exploration and production (E&P) companies, Oil and Gas Development Company Limited (OGDCL),...

Published 30 Mar, 2023 06:35am

Markets

PARCO pipeline made operational after leakage

KARACHI: An oil leakage occurred at the Pak Arab Refinery Limited (PARCO) pipeline near Shah Latif Town, Karachi on...

Published 13 Mar, 2023 07:27am

Markets

Mubadala Energy, OMV and PARCO sign MoU

KARACHI: Mubadala Energy, the Abu Dhabi-based international energy company, has announced the signing of a ...

Published 20 Jan, 2023 06:10am

Sports

7th PARCO T20 cricket tournament opens

KARACHI: After completion of six successful editions of Pak-Arab Refinery Ltd (PARCO) T20 Cricket Tournament, the...

Published 09 Jan, 2023 06:01am

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

Furnace oil: Slow upliftment may lead to closure of refineries

ISLAMABAD: Pakistan State Oil (PSO) and local refineries have raised serious concerns on slow upliftment of furnace...

Updated 05 Nov, 2022 11:37am

Markets

Saudi deferred payment facility: Country imports $100m oil in September

ISLAMABAD: Pakistan imported petroleum products worth $100 million on deferred payment basis under the Saudi oil...

Updated 23 Oct, 2022 05:23pm

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

Business & Finance

During 2022: Pakistan to import 32.7mn barrels of crude under Saudi Fund Programme

Pak-Arab Refinery Company Limited and National Refinery Limited are planning to import 16.89 and 15.81 million barrels, respectively

Updated 05 Apr, 2022 07:37pm

Markets

Saudi oil facility :First oil tanker to arrive this month: minister

ISLAMABAD: First oil tanker under Saudi oil facility to arrive in the 3rd week of March 2022, said Omar Ayub Khan,...

Published 03 Mar, 2022 04:39am

Supplements

PARCO – Providing Energy with Responsibility

TEXT: On 11 October, 1947, while addressing the Civil, Military and Air Force Officers, Quaid-e-Azam Muhammad Ali...

Published 26 Dec, 2021 03:57am

Supplements

PARCO – Energy Lifeline for the Nation

TEXT: Joint Ventures (JVs) have historically seen both success and failures. However, it has become clear to many...

Published 02 Dec, 2021 03:57am

Deemed duty audit: Petroleum Division gives refineries a clean chit

ISLAMABAD: Petroleum Division has cleared refineries from any wrongdoing in deemed duty, saying that they have spent...

Updated 19 Nov, 2021 09:49am

Petroleum products’ import on deferred payment: Pakistan gets Murabaha facility

ISLAMABAD: Pakistan has secured International Islamic Trade Finance Corporation (ITFC) Murabaha Financing Facility ...

Updated 05 Nov, 2021 10:00am

BR Research

Refinery policy – negotiations must go on

The dilly dally on refinery policy is on-going. In the haste of budget meeting by the new team (both at petroleum ...

Published 15 Sep, 2021 07:30am

Incentives for refineries not approved by CCoE

ISLAMABAD: The Cabinet Committee on Energy (CCoE) is said to have not approved incentives for the refineries due to...

Updated 14 Sep, 2021 10:26am

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	152.98
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.26
Euro to USD / May 3	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
Tokyo Nikkei / May 2	38236.07
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01
France CAC40 / May 2	7916.49
India Sensex / May 3	74412.88

Item	Value
Karachi Cotton PKR/37.32 KG / May 2	20000
Petrol/Litre / May 3	288.49
Crude Oil USD/Barrel / May 3	79.12
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2308.69
Diesel/Litre / May 3	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

PARCO

Most Popular