Energy Global LNG: Asian spot LNG slips amid healthy stocks, weak demand SINGAPORE: Asian spot liquefied natural gas (LNG) prices slightly declined this week, weighed by healthy inventory... Published 17 Jan, 2025 06:42pm
Energy OPEC’s share in India’s annual oil imports rises after 8-year drop NEW DELHI: OPEC’s share in India’s crude oil imports edged up in 2024, rising for the first time in nine years,... Published 17 Jan, 2025 02:04pm
Energy India’s IOC buys Middle East, African oil to replace Russian supply SINGAPORE/NEW DELHI: Indian Oil Corp (IOC), the country’s top refiner, has bought 7 million barrels of spot Middle... Published 17 Jan, 2025 12:20pm
Energy Oil falls as halt to Houthi’s shipping attacks expected HOUSTON: Oil prices slipped on Thursday with Yemen’s Houthi militia expected to halt attacks on ships in the Red... Published 17 Jan, 2025 02:56am
Energy Race to renewables: Attock Cement commissions 4.8MW windmill project As Pakistan’s corporate sector increasingly turns to renewable energy to meet its power needs, Attock Cement became... Updated 16 Jan, 2025 12:48pm
Energy Qatar hikes March al-Shaheen oil term price to over 2-year high SINGAPORE: QatarEnergy has raised the term price for al-Shaheen crude oil loading in March, trade sources said on... Published 16 Jan, 2025 12:04pm
Energy South Korea looking at buying more US oil and gas, energy minister says SEOUL: South Korea is interested in importing more US oil and gas to diversify energy sources and ensure stable... Published 16 Jan, 2025 10:41am
Energy Oil falls as halt to Houthi shipping attacks expected HOUSTON: Oil prices slipped on Thursday with Yemen’s Houthi militia expected to halt attacks on ships in the Red... Updated 16 Jan, 2025 09:37pm
Energy OGDCL says Karo-1 well brought into production KARACHI: Oil and Gas Development Company Limited (OGDCL) has announced that Kharo-1 well located in Khairpur, Sindh... Published 16 Jan, 2025 03:04am
Energy US natural gas prices rise NEW YORK: US natural gas futures rose about 1% to a two-year high on Wednesday on forecasts for more frigid weather... Published 16 Jan, 2025 03:04am
Energy Oil rises as traders assess sanctions impact NEW YORK: Oil prices rose on Wednesday as the market focused on potential supply disruptions from US sanctions on... Published 16 Jan, 2025 03:04am
Energy Russia offers to provide LNG, crude oil to Vietnam HANOI: Russia is willing to help develop Vietnam’s nuclear power sector and provide it with crude oil and LNG, the... Published 15 Jan, 2025 03:36pm
Energy IEA says new US sanctions could significantly disrupt Russian supply LONDON: The latest round of US sanctions against Russian oil announced last Friday could significantly disrupt the... Published 15 Jan, 2025 03:34pm
Energy OGDCL begins oil & gas production from Khairpur’s Kharo-1 well Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,... Updated 15 Jan, 2025 07:22pm
Energy Govt cuts tariff on charging stations by 45%: Awais Leghari Energy minister says decision will pave way for expansion of charging stations, and increase EV adoption in Pakistan Updated 15 Jan, 2025 10:32pm
Energy Tanker rates extend rally on sanctions, demand to load Mideast oil SINGAPORE: Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from... Published 15 Jan, 2025 12:04pm
Energy Oil gains capped by uncertainty over sanctions impact Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian... Updated 15 Jan, 2025 06:16pm
Energy Russia, Vietnam sign nuclear energy deal HANOI: Russia and Vietnam signed an agreement on nuclear energy on Tuesday during a visit by Prime Minister Mikhail... Published 15 Jan, 2025 02:59am
Energy US natural gas futures slide NEW YORK: US natural gas futures slid about 3% on Tuesday on forecasts for less cold weather and lower heating ... Published 15 Jan, 2025 02:59am
Energy Oil prices slip NEW YORK: Oil prices slipped on Tuesday from the previous day’s four-month highs but the market remained supported... Published 15 Jan, 2025 02:59am
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 11:48pm
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