Energy Shell Pakistan changes name to Wafi Energy Pakistan Limited Shell Pakistan Limited (SHEL) has officially changed its name to ‘Wafi Energy Pakistan Limited’, effective January... Updated 14 Jan, 2025 05:40pm
Energy PetroVietnam Gas seeks 4 LNG cargoes for March-May delivery in tender document SINGAPORE: PetroVietnam Gas has issued a tender seeking four cargoes of liquefied natural gas for delivery between... Published 14 Jan, 2025 11:57am
Energy Oil prices hover near 4-month highs as Russia sanctions stay in focus Oil prices paused their rally on Tuesday, but remained near four-month highs, with the market’s attention focused on... Updated 14 Jan, 2025 05:06pm
Energy FESCO to launch ‘CCMS Plus’ to facilitate consumers FAISALABAD: In line with the vision of the FESCO Board of Directors (BODs), the provision of convenience to ... Published 14 Jan, 2025 03:12am
Energy Oil prices climb to 4-month high on expectations NEW YORK: Oil prices climbed about 2% to a four-month high on Monday on expectations that wider US sanctions on... Published 14 Jan, 2025 03:12am
Energy China’s crude oil imports fall in 2024, first time in two decades outside of COVID China’s crude oil imports fell 1.9% in 2024, data showed on Monday, the first annual decline in two decades outside... Published 13 Jan, 2025 11:20am
Energy US natgas prices hold near 2-year high as lower flows to Freeport LNG offset cold weather forecasts NEW YORK: US natural gas futures held near a two-year high on Monday as forecasts for colder weather and more ... Published 14 Jan, 2025 03:12am
Energy Oil jumps on expected hit to China and India’s Russian supplies LONDON: Oil extended gains for a third session on Monday, with Brent crude rising above $80 a barrel to its highest... Updated 13 Jan, 2025 05:31pm
Energy Tougher US sanctions to curb Russian oil supply to China and India NEW DELHI/SINGAPORE: Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas,... Published 12 Jan, 2025 08:41pm
Energy OGRA begins operation against sale of adulterated LPG in market ISLAMABAD: Thousands of lives are at risk due to the sale of adulterated Liquefied Petroleum Gas (LPG) in the ... Published 12 Jan, 2025 02:44am
Energy US natural gas prices soar to two-year high on colder forecasts NEW YORK: US natural gas futures soared about 8% to a two-year high on Friday on forecasts for colder weather and... Published 12 Jan, 2025 02:44am
Energy Oil prices rally as US hits Russian oil with tougher sanctions NEW YORK: Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply... Published 12 Jan, 2025 02:44am
Energy Oil jumps more than 4% on concern over more sanctions on Russia Brent crude futures gain $3.50, or 4.6%, to $80.42 a barrel Updated 10 Jan, 2025 10:06pm
Energy Captive power plants: No significant progress made in talks with IMF: official ISLAMABAD: Dr Fakhre Alam Irfan, Secretary of the Power Division, has revealed that no significant progress has been... Published 10 Jan, 2025 03:51am
Energy Oil rises as cold snap drives winter fuel demand HOUSTON: Oil prices gained more than 1% on Thursday as cold weather gripped parts of the US and Europe, driving up... Published 10 Jan, 2025 03:51am
Energy Saudi crude oil supply to China set to fall in Feb vs Jan, sources say SINGAPORE: Saudi Arabia’s crude oil supply to China is set to decline in February from the prior month, trade... Published 09 Jan, 2025 10:42am
Energy Oil prices edge higher as markets weigh demand against US inventories LONDON: Oil prices rose slightly on Thursday as investors factored in firm winter fuel demand expectations despite... Updated 09 Jan, 2025 06:06pm
Energy US natgas prices climb on rising demand ahead of storage report NEW YORK: US natural gas futures climbed about 4% on Wednesday on forecasts for more heating demand this week than... Published 09 Jan, 2025 07:42am
Energy MPCL’s name changed to Mari Energies KARACHI: The name of Mari Petroleum Company Limited (MPCL) has been changed to Mari Energies Limited (MEL) with... Published 09 Jan, 2025 06:19am
Energy PRL approves acquisition of loan facility from PSO KARACHI: The board of directors of Pakistan Refinery Limited (PRL) has approved the acquisition of a loan facility... Published 09 Jan, 2025 06:19am
Energy Iran pushes China to let it sell $1.7 billion worth of stranded oil, sources say LONDON: Iran is pushing to recoup 25 million barrels of oil from China that has been stuck for six years in Chinese... Published 08 Jan, 2025 02:33pm
Energy Oil falls on US fuel stocks build NEW YORK: Oil prices fell more than 1% on Wednesday as a stronger dollar and large builds in US fuel inventories ... Published 09 Jan, 2025 06:19am
Energy Shell warns of weaker fourth quarter LNG, oil trading LONDON: Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil... Published 08 Jan, 2025 02:30pm
Energy China may trim fuel oil imports amid 2025 tax hike, sources say SINGAPORE: China’s fuel oil imports are expected to drop in early 2025 following a hike in the product’s import tax... Published 08 Jan, 2025 02:20pm
Energy Oil trims gains on dollar strength, tight supplies provide support Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a... Updated 08 Jan, 2025 07:21pm
Energy Minister highlights wind, solar energy projects KARACHI: Sindh’s Minister for Energy, Nasir Hussain Shah has stated that providing affordable green energy in line... Published 08 Jan, 2025 07:05am
Energy Global crude exports dip as trade routes reshuffle again HOUSTON: The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic,... Published 07 Jan, 2025 01:28pm
Energy Oil prices rise on demand, possible disruption HOUSTON: Oil prices gained on Tuesday driven by concerns over tighter supply from Russia and Iran because of Western... Published 08 Jan, 2025 06:26am
Energy German greenhouse gas emissions fall 3% in 2024: study BERLIN: German greenhouse gas emissions fell in 2024 but at a slower rate than previous years due to gaps in green... Published 07 Jan, 2025 12:32pm
Energy Exxon sues California AG, environmental groups over attacks on recycling efforts Exxon Mobil, filed a lawsuit on Monday against California Attorney General Rob Bonta and several environmental... Published 07 Jan, 2025 08:37am