Trends - PETROLEUM DIVISION - Business Recorder

PETROLEUM DIVISION

TAPI project gets special concessions

Caretaker government exempts TAPI Gas Pipeline project from the Open Access Regime, OGRA Gas (Third Party Access) Rules 2018 and the Pakistan Gas Network Code

Updated 27 Nov, 2023 09:53am

Issues of member firms: OICCI seeks intervention of PD, Ogra

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has sought intervention from Directorate...

Updated 21 Nov, 2023 08:48am

Illegal gas sale to unlicensed third party: PEL secures stay order against PD letter from court

ISLAMABAD: M/s Petroleum Exploration (Pvt) Limited (PEL), a private oil and gas sector company has obtained a stay...

Updated 16 Nov, 2023 09:53am

Rs176bn receivables create liquidity issue for SNGPL

ISLAMABAD: Sui Northern Gas Pipeline Limited (SNGPL) said that it is facing grievous liquidity due to outstanding...

Updated 11 Nov, 2023 08:56am

RLNG, Ogra-prescribed gas prices: Provinces required to pay differential for urea production

ISLAMABAD: The federal government has decided to recover differential between RLNG and Ogra- prescribed prices for...

Updated 10 Nov, 2023 08:40am

Govt determined to give Ogra more teeth

ISLAMABAD: The federal government has directed Petroleum Division to prepare a policy paper for amendments to OGRA...

Updated 07 Nov, 2023 09:42am

Refinery sector: SIFC for assessing Sinopec’s interest

ECC also directs Petroleum Division that other interested (credible) parties should be also identified and update be shared with the Apex Council (AC) in its forthcoming meeting

Updated 06 Nov, 2023 12:04pm

Markets

OGDCL, MoE organise conference

ISLAMABAD: The OGDCL and Ministry of Energy (Petroleum Division) organised a day-long conference and consultative...

Published 03 Nov, 2023 06:11am

Markets

New gas tariff to be effective from November 1: clarifies PD

The Petroleum Division (PD) on Wednesday rejected media reports that suggested the higher gas tariff was with effect...

Updated 01 Nov, 2023 10:58pm

Pakistan

AGP uncovers Rs71.8bn anomalies in MoE

ISLAMABAD: Auditor General of Pakistan uncovered anomalies amounting to Rs71.8 billion in the Ministry of Energy...

Published 01 Nov, 2023 05:57am

Gas tariffs increased

The drastic devaluation of rupee against dollar has resulted into increasing cost of gas

Updated 31 Oct, 2023 10:00am

Import of 200,000 MT of urea fertiliser allowed: ECC approves increase in gas tariff

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved increase in gas tariff for the...

Updated 24 Oct, 2023 10:41am

Commodities’ import: PPRA approves amendments to Rule 21(A)

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has approved amendments to Rule 21(A) of Public...

Updated 20 Oct, 2023 09:40am

E&P companies: Petroleum Division fails to recover billions of rupees

ISLAMABAD: The Petroleum Division has failed to recover billions of rupees from exploration and production companies...

Updated 20 Oct, 2023 10:07am

SIFC body seeks ‘Merit Order’ for gas supply

ISLAMABAD: The Executive Committee of SIFC has directed Petroleum Division to prepare ‘Merit Order’ for supply of...

Updated 13 Oct, 2023 08:54am

Business & Finance

Fertiliser plants: Body formed on gas supply, price rationalization

ISLAMABAD: The federal government has established an inter-ministerial panel to devise viable recommendations on gas...

Published 12 Oct, 2023 05:57am

Markets

Jan-Jun 2024: PPRA allows PLL to buy 12 LNG spot cargoes

ISLAMABAD: The Public Procurement Regulatory Authority (PPRA) has allowed Pakistan LNG Limited (PLL) to procure 12...

Updated 05 Oct, 2023 09:36am

PD proposes gas prices for Mari-based fertiliser plants

ISLAMABAD: Petroleum Division has proposed gas sale prices for Mari-based fertiliser plants at Rs.580/ mmbtu for...

Updated 02 Oct, 2023 09:35am

Pakistan

Ex-secretary petroleum’s absence from meetings: Senate panel to write letter to Establishment Division for action

ISLAMABAD: The Senate Standing Committee on Rules of Procedure and Privileges decided to write a letter to the...

Published 29 Sep, 2023 06:24am

Avoiding financial implications: Power Div asked to revise FGOs of GPPs

ISLAMABAD: Directorate General of Gas (Petroleum Division) has urged Power Division to revise Firm Gas Orders (FGOs)...

Updated 26 Sep, 2023 09:23am

Summary seeking up to 50pc raise in gas sale prices re-submitted

Interim Minister for Energy, Muhammad Ali says increase in gas rates ahead of winter was inevitable to contain the gas-sector circular debt

Updated 15 Sep, 2023 10:07am

24 spot cargoes: PLL seeks exemption from PPRA conditions

ISLAMABAD: Pakistan LNG Ltd (PLL) has sought exemption from applicability of PPRA conditions to procure ...

Updated 15 Sep, 2023 08:07am

Kakar for steps to tap full potential of natural resources

Premier says more steps need to fully utilise potential of Pakistan’s immense natural resources

Updated 06 Sep, 2023 10:41am

Business & Finance

Resilience in challenging energy market: PSO posts Rs3.6trn gross revenue, Rs5.7bn profit after tax

KARACHI: PSO, the nation’s leading energy company, has achieved remarkable progress and demonstrated resilience in...

Published 24 Aug, 2023 06:22am

Business & Finance

SNGPL audit: Any vacancy on listed co’s BoD required to be filled up within 90 days

ISLAMABAD: According to Section 155(3) of the Companies Act, 2017 any casual vacancy on the board of a listed ...

Published 18 Aug, 2023 05:42am

Opinion

Pakistan mineral outlook

Recently, an important conference, ‘Pakistan Mineral Summit’, has been organised in Islamabad by the Petroleum...

Updated 16 Aug, 2023 06:18am

MPCL YoY net sales, profit stand at historically highest levels

Markets

Appointment of SNGPL BoD chairperson: AGP objects to PD’s wrong communication of Cabinet decision

ISLAMABAD: The Auditor General of Pakistan (AGP) has raised serious objection over the Petroleum Division whose ...

Published 04 Aug, 2023 06:20am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 30 786 Investments Limited(786)	5.60 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 30 Al-Abbas Sugar Mills Limited(AABS)	500 ▼ 0.00 (0.00%)
Agro Allianz / Nov 30 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 30 Allied Bank Limited(ABL)	85.05 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 30 Abbott Laboratories (Pakistan) Limited(ABOT)	472.33 ▼ 0.00 (0.00%)
Abson Ind. / Nov 30 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 30 Alfalah Consumer Index ETF.(ACIETF)	10.19 ▼ 0.00 (0.00%)
Attock Cement / Nov 30 Attock Cement Pakistan Limited(ACPL)	91.82 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 30 786 Investments Limited(786)	5.60 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 30 Al-Abbas Sugar Mills Limited(AABS)	500 ▲ 0.00 (0.00%)
Agro Allianz / Nov 30 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 30 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 30 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 30 Allied Bank Limited(ABL)	85.05 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 30 Abbott Laboratories (Pakistan) Limited(ABOT)	472.33 ▲ 0.00 (0.00%)
Abson Ind. / Nov 30 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 30 Alfalah Consumer Index ETF.(ACIETF)	10.19 ▲ 0.00 (0.00%)
Attock Cement / Nov 30 Attock Cement Pakistan Limited(ACPL)	91.82 ▲ 0.00 (0.00%)

Stock	Volume
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	50,052,966 ▲ 0.00
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	35,689,157 ▲ 0.00
Pak Refinery / Nov 30 Pakistan Refinery Limited(PRL)	35,409,231 ▲ 0.00
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	30,751,189 ▲ 0.00
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▲ 0.00
The Searle Co. / Nov 30 The Searle Company Limited(SEARL)	21,694,598 ▲ 0.00
Dewan Cement / Nov 30 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.00
Pak Elektron / Nov 30 Pak Elektron Limited(PAEL)	15,329,837 ▲ 0.00
TPL Properties / Nov 30 TPL Properties Limited(TPLP)	14,893,960 ▲ 0.00
Image Pakistan / Nov 30 Image Pakistan Limited(IMAGE)	14,707,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	285.52
USD PKR Interbank Buying / Nov 29	285.02
USD to Japanese Yen / Nov 29	146.97
USD to Swiss Franc / Nov 29	0.87
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.11
UK LIBOR % / Nov 29	5.46

Stock	Volume
S&P 500 / Nov 29	4550.58
India Sensex / Nov 29	66901.91
Tokyo Nikkei / Nov 29	33268.78
Nasdaq / Nov 29	14258.49
Hang Seng / Nov 29	16993.44
FTSE 100 / Nov 29	7423.46
Dow Jones / Nov 29	35430.42
Germany DAX 30 / Nov 29	16166.45
France CAC40 / Nov 29	7267.64

Item	Value
Crude Oil USD/Barrel / Nov 29	77.69
Karachi Cotton PKR/37.32 KG / Nov 29	17735
Gold 10 Grams PKR / Nov 29	185614
Gold Spot USD/Ounce / Nov 29	2045.47
Cotton US¢/pound / Nov 29	79.59

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

PETROLEUM DIVISION

Most Popular Articles