Energy China’s crude oil imports fall for sixth straight month on refinery closure BEIJING: China’s crude oil imports fell 9% in October, data showed on Thursday, a sixth consecutive monthly... Published 07 Nov, 2024 11:00am
Energy Oil slips as investors digest US election fallout LONDON: Oil slipped on Thursday, extending a sell-off triggered by the U.S. presidential election, as a strong... Updated 07 Nov, 2024 07:06pm
Energy LESCO extends deadline for purchasing bi-directional meters LAHORE: The Lahore Electric Supply Company (LESCO) has extended the deadline for purchasing private static... Published 07 Nov, 2024 06:16am
Energy UAE’s ADNOC inks 15-year gas deal with Germany’s SEFE DUBAI: The United Arab Emirates’ ADNOC has agreed to supply Germany’s SEFE with natural gas for 15 years, the... Published 07 Nov, 2024 07:56am
Energy IESCO recovers arrears of Rs4.98bn from defaulters ISLAMABAD: The Islamabad Electric Supply Company (IESCO) has recovered arrears of Rs4.98 billion from over 177,000... Published 07 Nov, 2024 06:16am
Energy Target 2030: Committed to Reduction in Scope 1 Emissions by 20%”, says KE’s CDMO Sadia Dada KARACHI: At The Future Summit, Sadia Dada, Chief of Distribution and Marcomms at K-Electric, underlined KE’s... Published 07 Nov, 2024 06:16am
Energy Russia’s oil output at 9m bpd as promised to OPEC+ SOCHI: Russia will stick to its commitments to the OPEC+ group of leading oil producers and has reached its promised... Published 07 Nov, 2024 07:59am
Energy Saudi Arabia cuts December light crude prices for Asia Top oil exporter Saudi Arabia has cut the price for the flagship Arab light crude it sells to Asia in December by 50... Published 06 Nov, 2024 08:15am
Energy Oil falls as Trump victory pushes dollar higher Oil prices fell about 3% on Wednesday as the U.S. dollar was set for its biggest one-day rise since March 2020 on... Updated 06 Nov, 2024 08:49pm
Energy US natural gas prices rise NEW YORK: US natural gas futures edged up about 1% on Wednesday on a drop in daily output so far this month due to... Published 07 Nov, 2024 06:16am
Energy Oil prices make gains HOUSTON: Oil prices turned positive on Wednesday after falling by more than $2, despite US crude stocks rising by... Published 07 Nov, 2024 06:16am
Energy Meat processing, alternate energy sectors: Irish team exploring investment opportunities ISLAMABAD: A high-potential delegation from Republic of Ireland is in Pakistan to seek avenues of joint ventures... Published 07 Nov, 2024 06:16am
Energy Oil prices edge up on weak dollar NEW YORK: Oil prices edged up about 1% on Tuesday on a weaker US dollar on the day when voters cast ballots in what... Published 06 Nov, 2024 07:23am
Commodities Iran oil prices to China at multi-year high after exports fall SINGAPORE: Discounts on Iranian crude oil sold to China are at their tightest in around five years as lower exports... Published 05 Nov, 2024 04:45pm
Energy Russian oil and gas revenue jumps 57% m/m in October MOSCOW: Proceeds from oil and gas sales for Russia’s federal budget in October jumped about 57% from September to... Published 05 Nov, 2024 02:50pm
Energy QatarEnergy offers some 2025 term gas-to-liquid diesel cargoes for sale, sources say SINGAPORE: QatarEnergy has kickstarted some term negotiations for gas-to-liquid diesel cargoes loading next year via... Published 05 Nov, 2024 02:32pm
Energy Saudi Aramco says quarterly profit drops 15% on low oil prices RIYADH: Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing... Published 05 Nov, 2024 01:37pm
Energy Saudi non-oil business activity lifted by faster new order growth in October, PMI shows The pace of growth in Saudi Arabia’s non-oil sector continued to accelerate in October, lifted by the fastest growth... Published 05 Nov, 2024 11:47am
Energy Egypt’s non-oil business activity contracts further in October, PMI shows CAIRO: Activity in Egypt’s non-oil private sector continued to decline in October as strong cost pressures dampened... Published 05 Nov, 2024 11:29am
Energy Bangladesh’s RPGCL seeks 3 LNG cargoes for Dec delivery, document shows SINGAPORE: Bangladesh’s Rupantarita Prakritik Gas Co Ltd (RPGCL) is seeking three liquefied natural gas (LNG)... Published 05 Nov, 2024 11:24am
Energy Thailand’s PTT seeks LNG cargo for Dec delivery SINGAPORE: Thailand’s PTT is seeking a liquefied natural gas (LNG) cargo for delivery in December, two industry... Published 05 Nov, 2024 10:00am
Energy Oil trades in tight range ahead of US election result LONDON: Oil prices traded in a narrow range on Tuesday ahead of what is expected to be an exceptionally close U.S.... Updated 05 Nov, 2024 06:35pm
Energy ADIPEC expo in Abu Dhabi: Leading oil, energy firms to take part ISLAMABAD: Leading companies from Pakistan’s oil and energy sector are set to participate in ADIPEC 2024 in Abu... Published 05 Nov, 2024 03:30am
Energy US natural gas prices ease on forecasts for mild weather NEW YORK: US natural gas futures fell on Monday on expectations that mild weather through mid-November would keep... Published 05 Nov, 2024 03:30am
Energy Oil jumps nearly 3pc after OPEC+ delays output hike NEW YORK: Oil prices climbed nearly 3% on Monday on OPEC+’s decision to delay plans to increase output by a month,... Published 05 Nov, 2024 03:30am
Energy PPL secures 10-year lease for Sui Gas Field Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, has received approval for a Development and... Updated 04 Nov, 2024 05:45pm
Energy Oil gains over 2% after OPEC+ delays output hike, US election in focus Oil prices rose more than 2% on Monday on a decision by OPEC+ to delay by a month plans to increase output, while... Updated 04 Nov, 2024 06:43pm
Energy IESCO notifies power shutdown programme ISLAMABAD: Islamabad Electric Supply Company (IESCO) on Sunday issued a power suspension programme for Monday for... Published 04 Nov, 2024 03:29am
Energy OPEC+ agrees to delay December output hike for one month: sources LONDON/DUBAI/MOSCOW: OPEC+ has agreed to delay a planned December oil output increase by one month, three sources... Published 03 Nov, 2024 10:03pm
Energy Country urged to move towards renewable energy generation KARACHI: Experts, researchers, representatives of renewable energy companies and government officials have ... Published 03 Nov, 2024 06:34am