Energy Consortium withdraws bid to acquire majority stake in Engro Powergen Qadirpur A consortium comprising textile companies has withdrawn its public announcement of intention (PAI) to acquire a... Published 22 Nov, 2024 12:29pm
Energy Oil heads for weekly gains on anxiety over intensifying Ukraine war Oil prices inched higher on Friday, on track for a weekly rise of more than 4%, as the Ukraine war intensified, with... Updated 22 Nov, 2024 01:36pm
Energy Oil price stability: Putin, Iraqi PM discuss OPEC+ coordination MOSCOW/DUBAI: Russian President Vladimir Putin held a phone call with Iraqi Prime Minister Mohammed Shia al-Sudani ... Published 22 Nov, 2024 03:03am
Energy Oil climbs on supply jitters as Russia-Ukraine war escalates HOUSTON: Oil climbed more than 1% on Thursday as Russia and Ukraine launched missiles at each other, an escalation ... Published 22 Nov, 2024 03:03am
Energy Oil jumps as Russia-Ukraine missile exchange outweighs US crude stocks LONDON: Oil climbed more than 1% on Thursday after Russia and Ukraine launched missiles at each other, overshadowing... Updated 21 Nov, 2024 09:18pm
Energy LESCO detects 598 power pilferers in 24 hours LAHORE: The Lahore Electric Supply Company (LESCO) has detected a total of 598 connections from pilfering ... Published 21 Nov, 2024 07:16am
Energy OPEC Secretary General tells COP29 oil is a gift from God BAKU: OPEC Secretary General Haitham Al Ghais on Wednesday told the COP29 climate summit in Baku that crude oil and... Published 20 Nov, 2024 10:02pm
Energy US natural gas prices climb 4pc NEW YORK: US natural gas futures climbed about 4% to a five-month high on Wednesday on forecasts for colder weather... Published 21 Nov, 2024 05:51am
Energy Oil prices firm HOUSTON: Oil prices were steady on Wednesday as the escalating war between major oil producer Russia and Ukraine... Published 21 Nov, 2024 05:51am
Energy LESCO detects 598 power pilferers in 24 hours LAHORE: The Lahore Electric Supply Company (LESCO) has detected a total of 598 connections from pilfering ... Published 21 Nov, 2024 05:51am
Energy Expanding renewables: Kohat Cement installs 5.34 MW solar power plant Kohat Cement Company Limited (KOHC) has installed and commissioned a 5.34 MW on-grid solar power plant. The cement... Updated 20 Nov, 2024 03:31pm
Energy Iraq’s fuel oil exports head for record year after Oct volumes jump SINGAPORE: Iraq’s fuel oil exports are on track to hit all-time highs this year after the country ramped up... Published 20 Nov, 2024 12:23pm
Energy Oil steady as Ukraine escalation offsets US crude, gasoline stock build HOUSTON: Oil prices were steady on Wednesday as the escalating war between major oil producer Russia and Ukraine... Updated 20 Nov, 2024 09:38pm
Energy US natgas prices slid 2pc on mild weather and lower demand NEW YORK: US natural gas futures slid about 2% on Tuesday on forecasts for mild weather and less heating demand over... Published 20 Nov, 2024 07:46am
Energy Oil steadies as Sverdrup field restart counters geopolitical concerns NEW YORK: Oil prices steadied on Tuesday as Norway’s Johan Sverdrup oilfield restarted production while there were... Published 20 Nov, 2024 07:49am
Energy ECC approves power relief package for winter Consumers to be charged a flat rate of Rs26.07 per unit for electricity usage above benchmark consumption Updated 19 Nov, 2024 08:45pm
Energy Bangladesh’s RPGCL seeks LNG cargo for Dec delivery SINGAPORE: Bangladesh’s Rupantarita Prakritik Gas Co Ltd (RPGCL) is seeking a liquefied natural gas (LNG) cargo for... Published 19 Nov, 2024 10:36am
Energy Oil steadies as Sverdrup field restart counters geopolitical concerns LONDON: Oil prices steadied on Tuesday as the restart of production at Norway’s Johan Sverdrup oilfield offset... Updated 19 Nov, 2024 08:11pm
Energy Oct power generation soars 7.2pc to 13,793MW YoY KARACHI: Power generation increased by 7.2 percent YoY to arrive at 10,262 GWh (13,793 MW) during October 2024,... Published 19 Nov, 2024 08:24am
Energy KE removes over 6,000kgs of illegal connections in 3 months KARACHI: K-Electric, in collaboration with the law-enforcement agencies, acted against electricity theft and... Published 19 Nov, 2024 07:42am
Energy Consumers in Pindi enjoying adequate supply of gas: SNGPL ISLAMABAD: Consumers of Rawalpindi city are enjoying adequate supply of gas. Round the clock (24/7) complaints... Published 19 Nov, 2024 08:00am
Energy Pakistan’s power generation increases in October as cost surges Power generation in Pakistan stood at 10,262 GWh (13,793 MW) in October 2024, an increase of over 7% YoY compared to... Published 18 Nov, 2024 03:20pm
Energy China’s Oct refined fuel exports fall to 18-month low BEIJING: China’s refined fuel exports fell to an 18-month low in October, customs data showed on Monday, as weak... Published 18 Nov, 2024 02:14pm
Energy Sinopec, Aramco start building petrochemical complex in China’s Fujian SINGAPORE: Sinopec Corp said on Monday that the company and Saudi Aramco have started constructing a refinery and... Published 18 Nov, 2024 11:32am
Energy US natural gas prices up NEW YORK: US natural gas futures edged up about 2% on Monday on forecasts for colder weather and more heating demand... Published 19 Nov, 2024 06:34am
Energy Oil prices up nearly 3pc NEW YORK: Oil prices gained about $2 a barrel on Monday after news of halted crude production at Norway’s Johan... Published 19 Nov, 2024 06:34am
Energy Oil prices tick higher as Russia-Ukraine tensions escalate LONDON: Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend,... Updated 18 Nov, 2024 04:49pm
Energy LESCO collects over Rs7m from 301 defaulters in 24 hours LAHORE: Lahore Electric Supply Company (LESCO) has recovered Rs 7.098 million from 301 dead defaulters in all the... Published 18 Nov, 2024 02:54am
Energy HSD, petrol prices unchanged: Govt reduces adjustments in exchange rate, IFEM components ISLAMABAD: The government has decided against implementing a significant increase in fuel prices as recommended by... Published 17 Nov, 2024 05:10am
Energy Russia cuts gas to Austria in payment dispute, keeps EU flows MOSCOW: Russia halted gas supplies to Austria on Saturday in a dispute over payments but was still pumping steady... Published 17 Nov, 2024 05:55am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points