Energy Middle East share of India’s Nov oil imports at 9-mth high; Russia down NEW DELHI: India’s November crude imports showed Middle Eastern oil at a 9-month high while Russia accounted for its... Published 23 Dec, 2024 02:13pm
Energy China’s CNOOC brings onstream Suizhong 36-2 oilfield 36-2 block development project BEIJING: China’s CNOOC Limited said on Monday its Suizhong 36-2 oilfield 36-2 block development project has started... Published 23 Dec, 2024 11:22am
Energy Oil prices stable on Monday as data offsets surplus concerns LONDON: Oil prices stabilised on Monday after losses last week as lower-than-expected U.S. inflation data offset... Updated 23 Dec, 2024 04:52pm
Energy Pakistan joins fossil-fuel non-proliferation coalition ISLAMABAD: Pakistan has joined a coalition of climate-vulnerable countries advocating for a global fossil-fuel... Published 23 Dec, 2024 06:03am
Energy No load-shedding in franchise areas: SSGC KARACHI: At the outset it must be noted that SSGC is continuously experiencing gas shortages due to the yearly... Published 23 Dec, 2024 06:03am
Energy LESCO recovers over Rs8m from 446 defaulters LAHORE: The Lahore Electric Supply Company (LESCO) recovered over Rs 8 million from 446 defaulters in collaboration... Published 22 Dec, 2024 02:57am
Energy SSGC’s operation girift: 4,962 illegal connections removed KARACHI: Sui Southern Gas Company (SSGC) launched its operation girift campaign in 2016, with the objectives to... Published 21 Dec, 2024 08:26am
Energy US natural gas prices jump NEW YORK: US natural gas futures jumped about 5% to a 23-month high on Friday on early forecasts for much colder... Published 22 Dec, 2024 02:57am
Energy Ogra notifies RLNG price cut for SNGPL, SSGCL ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Friday notified 2.72 percent and 1.99 percent RLNG price... Published 21 Dec, 2024 08:37am
Energy Oil prices steady as markets weigh Fed rate cut expectations, Chinese demand HOUSTON: Oil prices settled little changed on Friday as markets weighed Chinese demand and interest rate-cut... Published 22 Dec, 2024 02:57am
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 strong dollar, demand growth worries HOUSTON: Oil prices eased on Friday due to a strong dollar and worries about demand growth in 2025, especially in... Updated 20 Dec, 2024 09:45pm
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