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PETROLEUM DIVISION

Gas load management plan likely to be approved next week

ISLAMABAD: The federal cabinet is likely to ratify the Cabinet Committee on Energy (CCoE)’s decision regarding...

Published 01 Oct, 2021 04:07am

Strength, expertise of new venture: PD directs Eni Pakistan to provide evidence

ISLAMABAD: The Petroleum Division has directed the managing director of Eni Pakistan Limited to provide evidence...

Updated 29 Sep, 2021 11:07am

OGDCL MD tenders resignation

ISLAMABAD: Managing Director of state-owned Oil and Gas Company Ltd (OGDCL) Shahid Saleem Khan has tendered his...

Published 29 Sep, 2021 04:02am

CNG to consumers at 'affordable' rates: Tarin constitutes committee

ISLAMABAD: Finance Minister Shaukat Tarin has constituted a committee comprising chairman Federal Board of Revenue...

Published 28 Sep, 2021 05:12am

Markets

Minerals Data Centre being established for investors' facilitation

ISLAMABAD: Petroleum Division, during the current fiscal year, would initiate a new project to compile the data of...

Published 27 Sep, 2021 05:51am

Pakistan

Amount stuck in litigations: Petroleum ministry directed to prepare plan

ISLAMABAD: A parliamentary panel, on Tuesday, directed the Petroleum Ministry to prepare a plan in coordination with...

Published 22 Sep, 2021 03:48am

White oil pipeline project: ECC for locking tariff in dollar terms for 5 years

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has decided that the prospective tariff of white...

Updated 16 Sep, 2021 10:01am

Winter months: All set for incremental consumption power tariff

ISLAMABAD: The Federal Government is all set to introduce electricity tariff of Rs12.66/kWh country-wide on...

Updated 13 Sep, 2021 10:07am

Markets

Rabi season: urea fertilizer demand comes under the spotlight

ISLAMABAD: In the wake of plans to fulfill the demand of urea fertilizer during the coming Rabi sowing season, a...

Published 09 Sep, 2021 03:56am

Expensive purchase of RLNG: Power Division suggests recovery of losses from consumers

ISLAMABAD: The Petroleum Division is said to have recommended recovery of financial losses of billions of rupees ...

Updated 07 Sep, 2021 10:21am

Refinery policy: modified draft finalised

ISLAMABAD: Ministry of Energy (Petroleum Division) has finalised the modified draft Refinery Policy 2021 after...

Updated 02 Sep, 2021 09:47am

PPRA rules: 16 LNG spot cargoes given partial exemption

ISLAMABAD: The government has partially exempted 16 spot cargoes of Liquefied Natural Gas (LNG) from Public...

Published 01 Sep, 2021 03:33am

Grade-22 bureaucrats, judges: Allotment of additional plots declared as illegal

ISLAMABAD: The Islamabad High Court (IHC), on Friday, declared allotment of additional plots to bureaucrats of...

Published 28 Aug, 2021 04:33am

Pakistan

PD says ‘multiple challenges’ led them to buy costlier LNG

ISLAMABAD: The Petroleum Division has admitted that it had faced multiple challenges in spot purchase of LNG, which...

Published 26 Aug, 2021 04:52am

PAC to probe costly purchase of LNG

ISLAMABAD: The Public Accounts Committee (PAC) will examine the expensive spot R-LNG purchase by Pakistan LNG Ltd...

Updated 25 Aug, 2021 02:38pm

Need for generation licences for small-scale renewable energy-based systems eliminated

Cabinet Committee on Energy approves Power Division's proposal

Updated 21 Aug, 2021 10:48am

Oil refining policy may be approved by CCoE on Friday

It is aimed at attracting $ 10-15 billion for setting up a world-scale deep conversion refinery and petrochemical complex
Potential investors are seeking incentives/commitments prior to investment decisions

Updated 19 Aug, 2021 01:19pm

Port constraints: petroleum crisis in the making?

ISLAMABAD: The country's downstream petroleum industry has indicated another petroleum crisis in pockets of ...

Updated 18 Aug, 2021 11:52am

PD awards five new E&P blocks to OGDCL

ISLAMABAD: Petroleum Division on Monday awarded five new Exploration and Production (E&P) blocks to Oil and Gas...

Published 17 Aug, 2021 03:54am

Opinion

LNG sector in Pakistan - VII

5) A consistent policy on the treatment of UFG losses borne by the Sui companies According to the Ministry of ...

Published 15 Aug, 2021 04:47am

Ogra recommends hike in POL products' prices

The regulator has recommended a Rs2.50 per liter increase in price of High-Speed Diesel (HSD), Rs0.50 per liter increase in the price of petrol, and Rs1 per litre in the prices of Light Diesel Oil and Kerosene Oil

Updated 15 Aug, 2021 10:51am

June 2020 fuel crises: Ogra’s decision to spare OMCs irks AGP

ISLAMABAD: The Auditor General of Pakistan (AGP) has shown serious concern over the Oil and Gas Regulatory...

Published 14 Aug, 2021 03:30am

Petroleum Division responds to points raised by DG Audit

ISLAMABAD: The Petroleum Division has responded to some points raised by the DG Audit (Petroleum and Natural...

Updated 13 Aug, 2021 10:42am

PD finalising draft of new Petroleum Levy Ordinance

ISLAMABAD: The Petroleum Division is in the process of finalising the draft of a new Petroleum Levy Ordinance, 2020,...

Updated 13 Aug, 2021 11:15am

Oil, ghee import on sugar-wheat pattern likely

ISLAMABAD: The government is likely to import edible oil/ghee on the pattern of sugar and wheat aimed at ...

Updated 12 Aug, 2021 09:34am

Tarin directs ministry to import 2m tons of wheat

ISLAMABAD: A meeting of the National Price Monitoring Committee (NPMC) presided over by Finance Minister Shaukat...

Updated 03 Aug, 2021 10:06am

Spot LNG price spiked due to global supply issues: PD

ISLAMABAD: The Petroleum Division Friday stated that the spot LNG commodity price has spiked recently (to over $15...

Updated 31 Jul, 2021 10:41am

Pakistan

Federal cabinet: PD will take up draft of new LPG Policy 2021

ISLAMABAD: The Petroleum Division will take up the draft of new LPG Policy 2021 for the approval of the Cabinet in...

Published 28 Jul, 2021 04:45am

Pakistan

2nd session from tomorrow: BoI, Bahrain EDB to ink MoU during JMC in Manama

ISLAMABAD: A memorandum of understanding (MoU) between the Board of Investment (BOI) of Pakistan and the Economic...

Published 27 Jul, 2021 04:40am

Govt-owned power plants: MoF opposes Rs177.8bn payment due to limited fiscal space

ISLAMABAD: The Ministry of Finance (MoF) has reportedly opposed payment of Rs 177.8 billion to the government=owned...

Updated 21 Jul, 2021 08:48am

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Oct 5 Security Investment Bank Limited(SIBL)	4.50 ▲ 0.79 (21.29%)
F.Credit & Inv / Oct 5 First Credit and Investment Bank Limited(FCIBL)	5.75 ▲ 1.00 (21.05%)
Premier Insurance / Oct 5 Premier Insurance Limited(PINL)	7.11 ▲ 1.00 (16.37%)
Punjab Mod / Oct 5 First Punjab Modaraba(FPJM)	1.59 ▲ 0.19 (13.57%)
Jubilee Spinning / Oct 5 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	4.55 ▲ 0.54 (13.47%)
WorldCall Telecom / Oct 5 Worldcall Telecom Limited(WTL)	1.40 ▲ 0.15 (12.00%)
Hala Enterprise / Oct 5 Hala Enterprises Limited(HAEL)	9.99 ▲ 1.00 (11.12%)
Tariq Corp.Pref. / Oct 5 Tariq Corporation Limited-Preference Shares(TCORPCPS)	10.34 ▲ 1.00 (10.71%)
Tri-Star Mutual / Oct 5 Tri-Star Mutual Fund Limited(TSMF)	4.95 ▲ 0.46 (10.24%)
Saif Textile / Oct 5 Saif Textile Mills Limited(SAIF)	9.01 ▲ 0.76 (9.21%)

Stock	Price
D.S. Ind. Ltd. / Oct 5 D.S. Industries Limited(DSIL)	2 ▼ -0.20 (-9.09%)
Aisha Steel(ConPS) / Oct 5 Aisha Steel(ConPS)(ASLPS)	7.50 ▼ -0.67 (-8.20%)
Al-Shaheer Corp / Oct 5 Al Shaheer Corporation Limited(ASC)	9.47 ▼ -0.78 (-7.61%)
Sunrays Textile / Oct 5 Sunrays Textile Mills Limited(SUTM)	92.50 ▼ -7.50 (-7.50%)
Baba Farid Sugar / Oct 5 Baba Farid Sugar Mills Limited(BAFS)	26.82 ▼ -2.17 (-7.49%)
Hussain Industries / Oct 5 Husein Industries Limited(HUSI)	14.25 ▼ -1.15 (-7.47%)
S.S.Oil / Oct 5 S.S.Oil Mills Limited(SSOM)	77.75 ▼ -6.25 (-7.44%)
Idrees Tex. / Oct 5 Idrees Textile Mills Limited(IDRT)	14 ▼ -1.00 (-6.67%)
Leather Up Ltd. / Oct 5 Leather Up Limited(LEUL)	10.02 ▼ -0.69 (-6.44%)
Habib Rice Products / Oct 5 Habib Rice Product Limited(HRPL)	37.11 ▼ -2.39 (-6.05%)

Stock	Volume
WorldCall Telecom / Oct 5 Worldcall Telecom Limited(WTL)	150,424,567 ▲ 0.15
Cnergyico PK / Oct 5 Cnergyico PK Limited(CNERGY)	19,001,237 ▼ -0.02
Pak Refinery / Oct 5 Pakistan Refinery Limited(PRL)	12,964,688 ▲ 0.33
Bankislami Pak. / Oct 5 BankIslami Pakistan Limited(BIPL)	11,151,938 ▼ -0.66
Oil & Gas Dev. / Oct 5 Oil & Gas Development Company Limited(OGDC)	9,902,658 ▼ -0.50
Unity Foods Ltd / Oct 5 Unity Foods Limited(UNITY)	8,538,353 ▼ -0.50
Habib Bank / Oct 5 Habib Bank Limited(HBL)	6,414,290 ▲ 5.38
P.I.A.C.(A) / Oct 5 Pakistan International Airlines Corp(PIAA)	6,392,500 ▲ 0.01
Maple Leaf Cement / Oct 5 Maple Leaf Cement Factory Limited(MLCF)	6,294,646 ▲ 0.47
Air Link Com. / Oct 5 Air Link Communication Limited(AIRLINK)	6,076,059 ▲ 1.77

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 4	284.85
USD PKR Interbank Buying / Oct 4	284.65
USD to Japanese Yen / Oct 4	148.93
USD to Swiss Franc / Oct 4	0.92
Pound Sterling to USD / Oct 4	1.21
Euro to USD / Oct 4	1.05
UK LIBOR % / Oct 3	5.44

Stock	Volume
S&P 500 / Oct 3	4229.45
India Sensex / Oct 3	65512.10
Nasdaq / Oct 3	13059.47
Dow Jones / Oct 3	33002.38
Tokyo Nikkei / Oct 4	30526.88
Hang Seng / Oct 4	17177.48
FTSE 100 / Oct 4	7475.08
Germany DAX 30 / Oct 4	15028.34
France CAC40 / Oct 4	6985.57

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 3	18235
Gold 10 Grams PKR / Oct 3	172410
Crude Oil USD/Barrel / Oct 4	88.50
Gold Spot USD/Ounce / Oct 4	1822.59
Cotton US¢/pound / Oct 4	87.47

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