Energy Qatar raises Feb al-Shaheen oil term price, sources say SINGAPORE: QatarEnergy has raised the term price for al-Shaheen crude oil loading in February, setting it at a... Published 18 Dec, 2024 01:31pm
Energy Asia fuel oil prices capped in early 2025 but supply risks loom SINGAPORE: Asia’s fuel oil premiums and refining margins will be capped by ample supply in early 2025, but cleaner... Published 18 Dec, 2024 12:57pm
Energy OPEC+ wary of renewed US oil output rise under Trump, sources say LONDON: OPEC+ is wary of a renewed rise in US oil output when Donald Trump returns to the White House, delegates... Published 18 Dec, 2024 12:32pm
Energy Pakistan’s power generation increases in November as cost inches up Power generation in Pakistan clocked in at 8,032 GWh (11,156 MW) in November 2024, an increase of over 6% YoY... Updated 18 Dec, 2024 01:17pm
Energy Nov FCA: 63 paisas per unit negative adjustment sought ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought negative adjustment of paisa 63 per... Published 18 Dec, 2024 08:08am
Energy Oil steady while market eyes Fed rate decision SINGAPORE: Oil prices traded in a narrow range early on Wednesday as investors remained cautious ahead of an... Updated 18 Dec, 2024 01:07pm
Energy KP govt hosts roadshow to showcase energy sector projects PESHAWAR: The KP government in collaboration with the Sustainable Energy and Economic Development (SEED) programme,... Published 18 Dec, 2024 06:37am
Energy OGDC considers disconnecting CPPs next month ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has considered the disconnection of Captive Power Plants... Published 18 Dec, 2024 06:37am
Energy Oil prices slide 2pc to one-week low NEW YORK: Oil prices slid about 2% to a one-week low on Tuesday on demand worries following the release of negative... Published 18 Dec, 2024 06:37am
Energy Chevron Australia signs long-term gas supply deal with Alcoa US oil giant Chevron’s Australian unit said on Tuesday it would supply a total of 130 petajoules of gas to aluminium... Published 17 Dec, 2024 11:46am
Energy Abu Dhabi’s ADNOC Gas appoints Fatema Al Nuaimi as new CEO DUBAI: Abu Dhabi’s ADNOC Gas said on Tuesday that it has appointed Fatema Al Nuaimi as its new chief executive,... Published 17 Dec, 2024 10:47am
Energy Oil dips on demand concerns as investors await Fed meeting LONDON: Oil prices fell on Tuesday as Chinese economic data renewed demand concerns while investors remained... Updated 17 Dec, 2024 09:12pm
Energy OGDCL revives heavy oil well ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has successfully revived a heavy oil well in the... Published 17 Dec, 2024 06:47am
Energy SSGC says rehabilitating aging gas distribution infrastructure KARACHI: Sui Southern Gas Company (SSGC) is currently engaged in the rehabilitation of its aging gas distribution... Published 17 Dec, 2024 08:16am
Energy Potential increase in petrol prices adjusted by reducing IFEM ISLAMABAD: The federal government has adjusted the potential increase in petrol prices by reducing the Inland ... Published 17 Dec, 2024 08:31am
Energy LCCI urges govt to reduce electricity tariffs LAHORE: The Lahore Chamber of Commerce and Industry has urged the government to immediately reduce electricity... Published 17 Dec, 2024 08:50am
Energy Dhabeji Pumping Station: Power supply timely restored: KE KARACHI: Electricity supply to the Dhabeji Pumping Station has been timely restored. The minor disruption at the... Updated 17 Dec, 2024 07:43am
Energy OGDCL revives heavy oil well in Punjab, enhances production capacity Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,... Updated 16 Dec, 2024 10:29pm
Energy PM Modi says India plans to supply LNG to Sri Lanka NEW DELHI: India plans to supply liquefied natural gas to Sri Lanka’s power plants and will work on connecting the... Published 16 Dec, 2024 03:30pm
Energy Luxury and energy sectors weaken European shares PARIS: European shares closed lower on Monday, bogged down by heavyweight luxury and energy shares after... Published 17 Dec, 2024 06:47am
Energy US natural gas slides NEW YORK: US natural gas futures slipped 2% to a near one-week low on Monday as weather forecasts suggested less ... Published 17 Dec, 2024 06:47am
Energy Oil prices fall on soft Chinese spending NEW YORK: Oil futures eased from the highest levels in several weeks on Monday on weakness in consumer spending in... Published 17 Dec, 2024 06:47am
Energy Shell invests in Nigeria’s Bonga North deep-water project Shell said on Monday its Nigerian subsidiary has announced a final investment decision (FID) on Bonga North, a... Published 16 Dec, 2024 01:50pm
Energy China’s crude oil imports rebounded in November, but so did storage flows: Russell LAUNCESTON: China’s crude oil imports in November hit a 14-month high, but much of the additional volume is likely... Published 16 Dec, 2024 10:48am
Energy Oil prices edge down on soft Chinese spending data Oil futures dropped from their highest levels in weeks on Monday, pressured by weakness in consumer spending in... Updated 16 Dec, 2024 08:16pm
Energy Power pilferers: LESCO detects 168,657 connections LAHORE: Lahore Electric Supply Company (LESCO) has so far detected a total of 168,657 connections from where the... Published 16 Dec, 2024 06:08am
Energy Gazprom to send 42.4 mcm of gas to Europe via Ukraine on Sunday MOSCOW: Russian gas producer Gazprom said it would send 42.4 million cubic metres (mcm) of gas to Europe via Ukraine... Published 15 Dec, 2024 12:38pm
Energy LESCO exposes defaulters among major govt institutions LAHORE: The Lahore Electric Supply Company (LESCO) has released a list of federal and provincial institutions that... Published 15 Dec, 2024 02:50am
Energy US natural prices drop NEW YORK: US natural gas futures dropped about 5% on Friday from the 13-month high reached in the prior session on... Published 15 Dec, 2024 02:50am
Energy China’s oil consumption peaked in 2023 SINGAPORE: China’s refined oil consumption peaked in 2023 at 399 million metric tons (7.98 million barrels per ... Published 15 Dec, 2024 02:50am