Energy China’s Nov fuel oil imports extend gains to seven-month high SINGAPORE: China’s fuel oil imports hit their highest in seven months for November, customs data showed on Friday,... Published 20 Dec, 2024 11:58am
Energy Oil falls on demand growth concerns, robust dollar SINGAPORE: Oil prices fell on Friday on worries about demand growth in 2025, especially in top crude importer China,... Updated 20 Dec, 2024 12:05pm
Energy Energy reforms need of the hour: EEPF KARACHI: The Energy and Economy Parliamentary Forum has convened its third meeting chaired by Dr Nafisa Shah, and co... Published 20 Dec, 2024 02:43am
Energy Oil makes gains on falling US crude inventories NEW YORK: Oil prices rose slightly on Thursday, supported by falling US crude inventories, though gains were limited... Published 20 Dec, 2024 02:43am
Energy Gazprom to send 42.4 mcm of gas to Europe via Ukraine on Thursday MOSCOW: Russian gas producer Gazprom said it would send 42.4 million cubic metres (mcm) of gas to Europe via Ukraine... Published 19 Dec, 2024 02:02pm
Energy PACRA upgrades SSGC’s credit ratings KARACHI: Pakistan Credit Rating Agency (PACRA) has upgraded the credit ratings of Sui Southern Gas Company Limited... Published 20 Dec, 2024 02:43am
Energy Gas price hike: Ogra’s move to add to the woes of masses and industries alike: KCCI KARACHI: Karachi Chamber of Commerce & Industry (KCCI) President Jawed Bilwani while strongly opposing the Oil... Published 20 Dec, 2024 02:43am
Energy Kunnar West Well-3: OGDCL announces commencement of production ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production... Published 20 Dec, 2024 02:43am
Energy Sinopec forecasts China’s petroleum consumption will peak by 2027 BEIJING: China’s petroleum consumption is expected to peak by 2027 at no more than 800 million metric tons, the... Published 19 Dec, 2024 12:07pm
Energy US natgas prices climb on lower output, rising LNG feedgas NEW YORK: US natural gas futures climbed about 4% to a 13-month high on Thursday on lower output in recent days and... Published 20 Dec, 2024 02:43am
Energy OGDCL begins oil & gas production from Hyderabad Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,... Updated 19 Dec, 2024 10:46pm
Energy Power theft: LESCO recovers over Rs2.4m in a day LAHORE: In a significant achievement, the Lahore Electric Supply Company (LESCO) has recovered a staggering Rs... Published 19 Dec, 2024 08:02am
Energy Production bonus terms: Senate panel dismisses OGDCL’s claims ISLAMABAD: A parliamentary panel on Thursday dismissed claims made by the Oil and Gas Development Company Limited... Published 20 Dec, 2024 02:43am
Energy Miran Block: KPOGCL completes bidding for exploration, production PESHAWAR: The Khyber Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) has successfully completed the bidding process... Published 19 Dec, 2024 08:03am
Energy KE issues schedule for annual transmission network maintenance KARACHI: K-Electric (KE) has issued a temporary power shutdown schedule for necessary maintenance of its ... Published 19 Dec, 2024 08:06am
Energy Oil slips on demand concerns after Fed signals slower rate cuts Oil prices fell on Thursday after the U.S. Federal Reserve signalled it would slow the pace of interest rate cuts in... Updated 19 Dec, 2024 06:03pm
Energy Saudi Arabia crude exports reach four-month high in Oct Saudi Arabia’s crude oil exports in October rose to their highest level in four months, data from the Joint... Published 18 Dec, 2024 03:08pm
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 US natgas prices climb NEW YORK: US natural gas futures climbed about 2% on Wednesday on rising flows to the nation’s liquefied natural... Published 19 Dec, 2024 05:57am
Energy Oil prices up after US crude stocks fall HOUSTON Oil edged up on Wednesday after a drop in US crude inventories, and as investors eyed a potential interest... Published 19 Dec, 2024 05:57am
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 10:56pm
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 ahead of US Fed rate decision, 2025 outlook Oil prices traded in a narrow range on Wednesday as investors stayed cautious ahead of a potential interest rate cut... Updated 18 Dec, 2024 06:12pm
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
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept