Energy UAE’s non-oil business growth slows in June, PMI shows Growth in the United Arab Emirates’ non-oil private sector slowed in June with weaker job creation and an easing in... Published 03 Jul, 2024 10:42am
Energy Oil prices steady after large US crude inventory draw Oil prices steadied on Wednesday after trading higher as industry data showed a bigger-than-expected draw in US... Updated 03 Jul, 2024 03:38pm
Energy OMCs’ sales rise to 1.45 million tons, highest in 19 months KARACHI: Pakistan’s Oil Marketing Companies (OMCs) recorded their highest sales in 19 months, reaching 1.45 ... Published 03 Jul, 2024 06:46am
Energy PPL announces gas discovery at Khairpur KARACHI: Pakistan Petroleum Limited (PPL) has announced that a gas discovery has been made from the exploratory well... Published 03 Jul, 2024 06:46am
Energy Iran is exporting crude oil to 17 countries DUBAI: Iran is selling crude oil to 17 countries, Oil Minister Javad Owji was quoted as saying by the semi-official... Published 03 Jul, 2024 06:46am
Energy PPL discovers gas reserves in Sindh Pakistan Petroleum Limited (PPL), a key supplier of natural gas in the country, has discovered gas reserves from its... Updated 02 Jul, 2024 06:26pm
Energy Move to curb circular debt flow: Proposal seeking 10pc cut in gas sale prices rejected ISLAMABAD: In a move to curb circular debt flow, the federal government rejected a proposed up to 10 percent ... Published 03 Jul, 2024 07:35am
Energy US natural gas prices ease NEW YORK: US natural gas futures eased about 1% to a six-week low on rising output, forecasts for less demand over... Published 03 Jul, 2024 07:35am
Energy US oil pares gains HOUSTON: US West Texas Intermediate (WTI) crude gave up most of its gains from earlier in the day as the forecast... Published 03 Jul, 2024 07:35am
Energy High POL products’ prices: Prices of essential kitchen items rise ISLAMABAD: The hike in prices of petroleum products has resulted in not only across-the-board increase in... Published 03 Jul, 2024 07:35am
Energy Oil rises to two-month high on summer demand outlook and supply fears BENGALURU: Oil prices climbed nearly 1% on Tuesday, extending gains to two-month highs on Tuesday on expectations of... Updated 02 Jul, 2024 06:41pm
Energy SNGPL, SSGCL to file review with Ogra: Another increase in gas prices sought ISLAMABAD: The gas companies - SNGPL and SSGCL – will file a review of estimated revenue requirements with the Oil... Published 02 Jul, 2024 05:07am
Energy OGDCL revitalizes Nashpa-4 well KARACHI: The Oil and Gas Development Company Limited (OGDCL) has successfully revitalized Nashpa-4 well. The well... Published 02 Jul, 2024 05:07am
Energy SNGPL successfully achieves three significant milestones LAHORE: Sui Northern has successfully achieved three significant milestones to enhance gas transmission and... Published 02 Jul, 2024 05:07am
Energy Ghazij Formation: MPCL successfully drills 4th appraisal well KARACHI: Mari Petroleum Company Limited (MPCL) has successfully drilled and tested the fourth appraisal well in... Published 02 Jul, 2024 05:07am
Energy US natural gas prices fall NEW YORK: US natural gas futures fell about 3% to a one-month low on rising output in recent weeks, forecasts for... Published 02 Jul, 2024 05:07am
Energy Oil prices rise on demand hopes NEW YORK: Oil prices climbed about 2% on Monday on hopes of rising demand during the Northern Hemisphere’s peak... Published 02 Jul, 2024 05:07am
Energy Conversion of imported coal-fired power plant to Thar coal: KE initiates techno-commercial study ISLAMABAD: K-Electric (KE) has initiated techno-commercial study for conversion of 660 MW Jamshoro power plant from... Published 02 Jul, 2024 05:07am
Energy MARI drills another appraisal well in Sindh Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has successfully... Published 01 Jul, 2024 04:34pm
Energy OGDC revitalises oil & gas well in KPK Oil and Gas Development Company Limited (OGDCL) has successfully revitalised production from Nashpa-4 located in... Updated 01 Jul, 2024 04:23pm
Energy Oil prices lifted by summer demand hopes Oil prices rose on Monday, helped by expected peak summer consumption and OPEC+ production cuts, though gains were... Updated 01 Jul, 2024 07:01pm
Energy Solar capacity enhancement: Saif Group, Sky Electric sign contract PESHAWAR: Kohat Textile Mills Ltd., a unit of the Saif Group of companies has signed a contract with Sky Electric... Published 01 Jul, 2024 07:01am
Energy Aramco signs over $25bn of deals for main gas network and Jafurah gas field CAIRO/DUBAI: Saudi Arabia’s state oil company Aramco has signed contracts worth more than $25 billion for the second... Published 30 Jun, 2024 05:57pm
Energy Oil eases on weak demand NEW YORK: Oil prices fell on Friday as investors weighed weak US fuel demand and took some money off the table at... Published 30 Jun, 2024 02:58am
Energy US natgas prices climb NEW YORK: US natural gas futures climbed about 2% on Friday on forecasts for higher demand over the next two weeks... Published 30 Jun, 2024 02:58am
Energy Global LNG: Asia spot prices buoyed by hot summer weather forecasts SINGAPORE: Asian spot liquefied natural gas (LNG) prices held steady this week as forecasts of higher temperatures... Published 28 Jun, 2024 05:14pm
Energy Oil rises on rate cut hopes, higher margins; poised for third weekly gain Oil prices rose in Asian trade on Friday and were poised for a third straight weekly jump, buoyed by growing... Updated 28 Jun, 2024 02:38pm
Energy Gas distribution network: SSGC makes massive investments KARACHI: For tackling the challenges of reduced gas supply and low pressure issues along with simultaneous increase... Published 28 Jun, 2024 05:41am
Energy PPDA protests against ‘hoarding’ by OMCs KARACHI: The Pakistan Petroleum Dealers Association (PPDA) is agitating against the hoarding of fuel supply by the... Published 28 Jun, 2024 05:41am
Energy HCSTS voices concerns over ongoing ‘crackdown’ on LPG gas shops HYDERABAD: Muhammad Farooq Shaikhani, President, Hyderabad Chamber of Small Traders & Small Industry (HCSTSI),... Published 28 Jun, 2024 05:41am