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ExxonMobil

Qatar eyes more long-term gas supply deals this year

DOHA: Qatar expects to sign more long-term natural gas supply deals this year to meet growing international demand,...

Published 15 May, 2024 05:07pm

Business & Finance

QatarEnergy acquires stake in two Egypt offshore blocks

DOHA: QatarEnergy said Sunday it had acquired two offshore gas exploration blocks from Egypt with a 40-percent...

Published 13 May, 2024 06:08am

Markets

Chevron’s $53bn Hess buyout threatened by rival oil giants

NEW YORK: Chevron disclosed Monday that its proposed $53 billion acquisition of fellow American firm Hess could be...

Published 27 Feb, 2024 11:25am

World

Record more than 2,000 fossil fuel lobbyists at COP28 talks: NGOs

PARIS: A record almost 2,500 fossil fuel lobbyists have been accredited for UN climate talks in Dubai, as...

Published 05 Dec, 2023 10:26am

Business & Finance

ExxonMobil profits fall on lower crude prices, touts fossil fuel deal

NEW YORK: ExxonMobil reported lower profits Friday compared with the year-ago blowout quarter as the oil giant...

Published 27 Oct, 2023 05:29pm

Markets

Oil majors still profitable even if super-profits gone

PARIS: From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits...

Published 07 Aug, 2023 06:34am

Business & Finance

ExxonMobil, Chevron report higher profits despite oil price dip

NEW YORK: US oil giants ExxonMobil and Chevron reported another quarter of heady profits Friday as both companies...

Published 02 May, 2023 05:59am

Business & Finance

With profit of $56bn Exxon smashes all industry records

HOUSTON: Exxon Mobil Corp posted a $56 billion net profit for 2022, the company said on Tuesday, taking home about...

Published 06 Feb, 2023 07:28am

Opinion

Politics, cash, fame: what motivates climate change deniers

Right-wing ideologues funded by fossil fuels, fame-seeking narcissists and doubt mongers monetising their content ...

Published 01 Feb, 2023 05:58am

Business & Finance

ExxonMobil reports record profits of $55.7bn in 2022

NEW YORK: ExxonMobil reported record annual profits of $55.7 billion in 2022 on Tuesday, reflecting higher commodity...

Published 31 Jan, 2023 06:20pm

Markets

West African crude

LONDON: Offers for some varieties of West African crude climbed on Thursday on relatively high refining margins in...

Published 27 Jan, 2023 06:15am

Business & Finance

UN chief slams oil firms for ‘big lie’ on global warming

DAVOS: UN Secretary-General Antonio Guterres skewered oil firms on Wednesday for having “peddled the big lie”...

Published 19 Jan, 2023 05:58am

Markets

Asia’s re-grade hits three-week high on sell-off

SINGAPORE: Asia’s re-grade, also known as the discount between jet fuel and 10 ppm sulphur gasoil, widened to a...

Published 13 Jan, 2023 06:05am

Markets

Wall Street surges to sharply higher close ahead of Fed week

NEW YORK: A robust, broad-based rally sent Wall Street to a sharply higher close on Friday as encouraging economic...

Published 31 Oct, 2022 05:55am

Markets

ONGC signs agreement with ExxonMobil for deepwater exploration in India

BENGALURU: Indian oil explorer and producer Oil and Natural Gas Corp said on Wednesday it signed a Heads of...

Published 17 Aug, 2022 06:45pm

Markets

European, US stocks rise despite latest inflation data

NEW YORK: Despite fresh data showing the persistence of inflation, European stocks advanced following a...

Published 01 Aug, 2022 05:54am

Markets

Shell joins Qatar’s giant gas project

DOHA: Shell joined Qatar Energy’s $29 billion project to expand production at the world’s biggest natural gas...

Published 06 Jul, 2022 07:11am

Markets

Shell joins Qatar’s giant gas project

DOHA: Shell joined Qatar Energy’s $29 billion project to expand production at the world’s biggest natural gas field...

Published 05 Jul, 2022 06:18pm

World

Qatar, Egypt cement rapprochement on emir’s Cairo visit

CAIRO: Egypt’s leader on Saturday discussed energy and investment with Qatar’s emir, who was in Cairo for the...

Published 26 Jun, 2022 05:44am

Markets

US stocks retreat as Powell cautions on inflation

NEW YORK: Wall Street stocks fell early Wednesday, giving back some of the prior session’s gains as markets awaited...

Published 22 Jun, 2022 08:13pm

Markets

Oil turbulence could last five years, ExxonMobil boss warns

DOHA: Consumers must be prepared to endure up to five years of turbulent oil markets, the head of ExxonMobil said...

Published 22 Jun, 2022 08:12am

Markets

Exxonmobil CEO expects tight oil market to last years

DOHA: ExxonMobil CEO Darren Woods on Tuesday said it would take time for energy market volatility to end and that he...

Published 21 Jun, 2022 07:15pm

Markets

Biden says ExxonMobil ‘made more money than God’

LOS ANGELES: President Joe Biden on Friday slammed ExxonMobil for not producing more oil, as soaring gas prices...

Published 12 Jun, 2022 08:24am

Markets

Boosted by oil prices, ExxonMobil, Chevron throw cash at investors

NEW YORK: ExxonMobil and Chevron reported soaring profits Friday despite lower oil and natural gas volumes as the...

Published 02 May, 2022 06:53am

Markets

Wall Street slips on global slowdown worries

NEW YORK: US stock indexes fell on Monday, extending a sharp selloff from last week as fears over China’s COVID-19...

Published 26 Apr, 2022 05:20am

Business & Finance

ExxonMobil, Apple, Boeing latest US giants to cut ties with Moscow

NEW YORK: Apple, ExxonMobil and Boeing announced Tuesday in rapid succession steps to withdraw or freeze business in...

Published 02 Mar, 2022 10:42am

Opinion

Oil majors face backlash as era of big profits returns

Soaring energy prices have brought massive profits to oil majors — along with fierce criticism from...

Published 14 Feb, 2022 06:47am

Markets

Oil majors face backlash as era of big profits returns

PARIS: Soaring energy prices have brought massive profits to oil majors -- along with fierce criticism from...

Published 13 Feb, 2022 10:12am

Business & Finance

ExxonMobil posts $23bn in 2021 profits on higher oil prices

NEW YORK: ExxonMobil reported a profitable fourth-quarter Tuesday to conclude a strong comeback year in 2021 on...

Published 01 Feb, 2022 07:09pm

Business & Finance

ExxonMobil targets 'net zero' emissions at operations by 2050

NEW YORK: ExxonMobil pledged Tuesday to reach "net zero" greenhouse gas emissions in its operations by 2050, but...

Published 18 Jan, 2022 08:56pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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