Energy Gas theft: 3 held, 7,870 illegal connections removed KARACHI: SSGC’s Security Services and Counter Gas Theft Operations (SS & CGTO) team continued to make major... Published 02 Nov, 2024 07:22am
Energy Global LNG: Asian spot LNG steady on warmer than average temperature forecasts SINGAPORE: Asian spot liquefied natural gas (LNG) prices held steady this week as forecasts of warmer-than-average... Published 01 Nov, 2024 06:28pm
Energy Saudi Arabia may cut December oil prices for Asia, sources say SINGAPORE: Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia in December,... Published 01 Nov, 2024 11:31am
Energy Sinopec says it has secured 10% more gas for winter than a year earlier SINGAPORE: China’s Sinopec Corp has secured natural gas supplies for the winter heating season at levels 9.7% higher... Published 01 Nov, 2024 11:17am
Energy Oil prices rise 1% on reports Iran preparing strike on Israel NEW YORK: Oil prices rose about 1% on Friday to a one-week high on reports Iran was preparing a retaliatory strike... Updated 01 Nov, 2024 09:07pm
Energy Czechs buy gas from Algeria PRAGUE: The Czech Republic has started to import gas from Algeria in a bid to offset supplies from Russia as it... Published 01 Nov, 2024 07:15am
Energy Share capital of Shell Pakistan: Proposed name ‘Wafi Energy Pakistan Ltd’ approved KARACHI: After the completion of acquisition of 87.78 percent of the total issued share capital of Shell Pakistan... Published 01 Nov, 2024 07:44am
Energy Rs2.88/kg raised in LPG consumer price ISLAMABAD: Oil and Gas Regulatory Authority (Ogra) on Thursday notified Rs2.88 per kg raise in LPG consumer price ... Published 01 Nov, 2024 07:39am
Energy Shell $6bn profit smashes forecasts as LNG offsets weak refining LONDON: Shell reported on Thursday third quarter profits of $6 billion that exceeded forecast by 12% as weaker oil... Published 31 Oct, 2024 02:59pm
Energy US natural gas prices slide NEW YORK: US natural gas futures slid about 2% on Thursday on forecasts for mild weather to continue through mid... Published 01 Nov, 2024 06:51am
Energy Oil prices higher HOUSTON: Oil prices ticked up 1% on Thursday as investors considered stronger US fuel demand and reports that... Published 01 Nov, 2024 06:51am
Energy Oil prices rise 1% after boost from US fuel demand LONDON: Oil prices gained 1% on Thursday after rallying the previous day on stronger than expected U.S. fuel demand... Updated 31 Oct, 2024 06:54pm
Energy KE, SBP collaborate to enable seamless bill payments via Raast KARACHI: Accelerating the digitisation of payments, the State Bank of Pakistan (SBP) and K-Electric (KE) have made a... Published 31 Oct, 2024 07:31am
Energy Oil prices rebound NEW YORK: Oil prices rebounded on Wednesday, rising more than 2% after data showed US crude and gasoline inventories... Published 31 Oct, 2024 06:18am
Energy OPEC+ could delay planned December oil output hike, sources say LONDON/MOSCOW: OPEC+ could delay a planned hike in oil production scheduled to take effect in December by a month or... Published 30 Oct, 2024 05:48pm
Energy China’s CNOOC signs oil contract to develop Iraq’s block 7 SINGAPORE: China’s CNOOC Ltd announced on Wednesday it has signed an Exploration, Development & Production... Published 30 Oct, 2024 10:21am
Energy Oil rises 2% as US stockpiles drawdown, OPEC+ mulls output hike delay NEW YORK: Oil prices rebounded on Wednesday, rising more than 2% after data showed U.S. crude and gasoline... Updated 30 Oct, 2024 09:39pm
Energy Tarbela 5th Extension Project: Wapda chief reviews progress LAHORE: Chairman Wapda Engr Lt Gen Sajjad Ghani (r) visited under-construction 1530 MW-Tarbela 5th Extension and... Published 30 Oct, 2024 07:02am
Energy SSGC files rate hike plea ISLAMABAD: The Sui Southern Gas Company (SSGC) has requested an increase of Rs669 per million British thermal units... Published 30 Oct, 2024 07:46am
Energy BP profit slumps to near four-year low as oil demand sags LONDON: BP on Tuesday reported a 30% drop in third quarter profit to $2.3 billion, the lowest in almost four years,... Published 29 Oct, 2024 02:45pm
Energy Russia’s gas output up 8.9% to 516.6 bcm in Jan-Sept, Kommersant says MOSCOW: Russia’s natural gas production in January-September rose 8.9% from a year earlier to 516.6 billion cubic... Published 29 Oct, 2024 12:33pm
Energy US natural gas futures slip NEW YORK: US natural gas futures fell about 5% to a seven-week low on Tuesday on forecasts for mild weather through... Published 30 Oct, 2024 06:32am
Energy Oil extends losses on report of talks to end Lebanon war HOUSTON: Oil prices edged down on Tuesday, after a 6% tumble in the previous session, on a report that Israeli Prime... Published 30 Oct, 2024 06:32am
Energy Oil prices climb as US reserve bid lends support Oil prices rose on Tuesday after tumbling 6% in the previous session, as a U.S. plan to buy oil for the Strategic... Updated 29 Oct, 2024 04:51pm
Energy LESCO initiates annual development work for system reliability LAHORE: The Lahore Electric Supply Company (LESCO) has commenced comprehensive annual development and maintenance... Published 29 Oct, 2024 03:27am
Energy SNGPL seeks hike in its average prescribed price ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) filed a petition before the Oil and Gas Regulatory Authority... Published 29 Oct, 2024 03:27am
Commodities Oil slides 5% after limited Israeli retaliatory attack on Iran Brent futures down $4.13, or 5.43%, at $71.92 a barrel Updated 28 Oct, 2024 08:16pm
Energy Oil prices likely to fall after Israel shows restraint in strikes on Iran SINGAPORE/LONDON: Oil prices are expected to fall when trading resumes on Monday as Israel’s retaliatory strike on... Updated 27 Oct, 2024 06:53pm
Energy US natgas prices slide NEW YORK: US natural gas futures slid about 2% on Friday on forecasts for mild weather through early November that... Published 27 Oct, 2024 02:44am
Energy Oil prices up HOUSTON: Oil prices settled higher on Friday and gained 4% on the week, with investors taking stock of the ongoing... Published 27 Oct, 2024 02:44am
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer