Energy PPL’s earnings jump 19%, clock in at Rs115.5bn in FY24 Pakistan Petroleum Limited (PPL) saw its profit-after-tax (PAT) jump nearly 19% to clock in at Rs115.48 billion for... Published 20 Sep, 2024 02:45pm
Energy India has discussed raising oil imports from Brazil, minister says NEW DELHI: India has discussed raising oil imports from Brazil in a meeting with the head of the South American... Published 20 Sep, 2024 10:53am
Energy Oil prices set to end week higher after US rate cut Oil prices eased on Friday, but were on track to register gains for a second straight week following a large cut in... Updated 20 Sep, 2024 03:31pm
Energy Minister briefs French envoy on alternative energy projects KARACHI: Minister of Energy, Development and Planning Sindh Syed Nasir Hussain Shah on Thursday met French ... Published 20 Sep, 2024 06:10am
Energy Settlement of payments on reconciled dues: KE CEO seeks cooperation of Sindh PA body KARACHI: Sharing information on a meeting held between CEO K-Electric and senior company officials with members of... Published 20 Sep, 2024 06:10am
Energy US natgas extends decline on falling demand NEW YORK: US natural gas futures extended their decline on Thursday on lower cooling demand due to forecasts for ... Published 20 Sep, 2024 06:10am
Energy Oil prices rise 2pc on US interest rate cut NEW YORK: Oil prices rose 2 percent on Thursday after the Federal Reserve’s large cut in US interest rates, ... Published 20 Sep, 2024 06:10am
Energy Pakistan’s power generation falls sharply amid rising costs, solarisation Power generation in Pakistan clocked in at 13,180 GWh (17,714 MW) in August 2024, a decline of over 17% YoY as... Updated 19 Sep, 2024 10:24pm
Energy Saudi Arabia’s crude oil exports in July hit almost one-year low Saudi Arabia’s crude oil exports in July fell to their lowest level in nearly a year, data from the Joint... Published 19 Sep, 2024 03:02pm
Energy Oil prices rise after US interest rate cut Oil prices rose more than 1% on Thursday after a large interest rate cut from the U.S. Federal Reserve, helping... Updated 19 Sep, 2024 07:25pm
Energy Oil prices fall on mixed storage report NEW YORK: Oil prices fell on Wednesday as the market cautiously awaited a rate cut announcement from the Federal... Published 19 Sep, 2024 06:37am
Energy Indian plans to keep buying cheap Russian oil, oil minister says India is prepared to keep buying oil from Russian companies that are allowed to make such sales, since prices are... Published 18 Sep, 2024 12:21pm
Energy Oil prices edge higher on US crude stocks, market awaits Fed decision NEW YORK: Oil prices were up on Wednesday on falling crude inventories in the United States, whiles the market... Updated 18 Sep, 2024 08:40pm
Energy Oil prices rise on supply shocks, prospect of US interest rate cuts NEW YORK: Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet demand will... Updated 17 Sep, 2024 09:47pm
Energy Govt removing all barriers to foreign investment: PM ISLAMABAD: Prime Minister Shehbaz Sharif has said the government is removing all obstacles in the way of foreign... Published 17 Sep, 2024 06:33am
Energy Jul-Aug petroleum group’s imports witness 22.73pc growth ISLAMABAD: Petroleum group imports witnessed 22.73 percent growth during the first two months (July-August) of the... Published 17 Sep, 2024 06:33am
Energy BP to sell its US onshore wind business WASHINGTON: BP plans to sell its US onshore wind energy business, it announced on Monday, saying the assets were not... Published 17 Sep, 2024 06:33am
Energy Gunvor Group keen to invest in petroleum sector, says Pakistan govt PM Shehbaz directs concerned authorities to provide all kinds of facilities for investment of Gunvor Group in Pakistan Published 16 Sep, 2024 07:41pm
Energy Oil prices edge higher ahead of Fed interest rate decision LONDON: Oil prices edged higher on Monday as ongoing disruption to U.S. Gulf oil infrastructure balanced persistent... Updated 16 Sep, 2024 05:28pm
Energy Petrol price cut by Rs10, HSD’s by Rs13.06 ISLAMABAD: The federal government announced a substantial reduction in prices of petroleum products on Sunday,... Published 16 Sep, 2024 06:08am
Energy Govt reduces petrol price by Rs10, HSD’s by Rs13.06 per litre New prices come into effect from September 16, 2024 Published 15 Sep, 2024 11:12pm
Energy Bangladesh resumes spot LNG purchases as fuel demand rebounds DHAKA: Bangladesh has issued three tenders to buy liquefied natural gas (LNG) from the spot market, officials said... Published 15 Sep, 2024 01:37pm
Energy US natgas drops on profit taking NEW YORK: US natural gas futures fell on Friday, as traders took profits after prices rose to a two-month high ... Published 15 Sep, 2024 02:46am
Energy Oil eases on resuming US output after storm NEW YORK: Oil prices fell on Friday as US Gulf of Mexico crude production resumed following Hurricane Francine and... Updated 15 Sep, 2024 09:44am
Energy China’s refinery output falls for a fifth month as fuel demand disappoints SINGAPORE/BEIJING: China’s oil refinery output in August fell 6.2% from a year earlier, official data showed on... Published 14 Sep, 2024 10:46am
Energy SNGPL holds ‘Corporate Briefing Session’ LAHORE: Sui Northern Gas Pipelines Limited (SNGPL) held its Corporate Briefing Session on September 12, 2024, at... Published 14 Sep, 2024 06:31am
Commodities Global LNG: Asian spot LNG prices down on muted demand LONDON: Asian spot liquefied natural gas (LNG) prices fell this week amid limited demand for November deliveries and... Published 13 Sep, 2024 06:15pm
Energy Oil prices rise as US production slowly resumes after hurricane Brent crude futures were up $1.16 cents, or 1.6%, at $73.13 a barrel Updated 13 Sep, 2024 08:28pm
Energy Ogra reduces RLNG price for SNGPL, SSGC ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) announced, on Thursday, a reduction in the price of... Published 13 Sep, 2024 06:13am
Energy US natgas rises on smaller-than-expected storage build NEW YORK: US natural gas futures rose more than 2% on Thursday on a smaller-than-expected storage build last week,... Published 13 Sep, 2024 06:13am
Pakistan long-term partner, but policy is to deny support to its long-range ballistic missile programme: US