Trends - fossil fuel - Business Recorder

fossil fuel

Takeaways from CPEC investment

At the China Pakistan Economic Corridor (CPEC) performance review meeting called this week by the National Assembly...

Updated 23 Nov, 2024 06:53am

World

Wealthy nations pledge ‘no new coal’

BAKU: Twenty-five countries at the COP29 climate summit Wednesday pledged not to build any new unabated coal-power...

Published 21 Nov, 2024 05:51am

World

Oil execs work COP29 as NGOs slam lobbyist presence

BAKU: Oil executives and lobbyists descended on COP29 in Baku for “energy day” Friday, as environmental groups...

Published 16 Nov, 2024 06:04am

World

COP29 at risk from graft, fossil fuel interests

PARIS: UN climate summits risk “being undermined by undue corporate influence and fossil fuel industry capture”,...

Published 03 Nov, 2024 06:34am

Perspectives

Pakistan’s coal tax breaks have sparked an old debate: fossil fuel vs renewable energy

The Pakistani government’s decision to continue offering tax exemptions for coal has reignited a debate about the...

Updated 22 Oct, 2024 05:22pm

Markets

Energy mix: Global commitments restrict fossil fuel growth

ISLAMABAD: Pakistan is facing a serious dilemma. It needs cheap energy which could be produced with indigenous ...

Published 05 Oct, 2024 07:20am

Markets

‘Pakistan should seek assistance from UN, IMF & WEF on clean renewable energy’

FAISALABAD: Pakistan should seek financial and technical assistance from world organizations including UN, IMF and...

Published 25 Sep, 2024 06:48am

Markets

Speakers at a conference highlight true potential of solar power

LAHORE: The concerned energy sector representatives have emphasised greater exploitation of Pakistan’s solar power...

Published 31 Aug, 2024 06:55am

Markets

Energy Conservation Building Code, 2023 to be launched today

ISLAMABAD: Minister for Power Awais Leghari is to launch the Energy Conservation Building Code (ECBC), 2023 on...

Published 23 Jul, 2024 08:29am

World

COP29 hosts urge fossil fuel majors to donate to climate fund

PARIS: Azerbaijan said Friday it hopes to raise money from fossil fuel producers for green projects in developing...

Published 19 Jul, 2024 11:58pm

Opinion

PARTLY FACETIOUS: Green energy versus fossil fuel

“So now what?” “Well, I heard the people of Khyber Pakhtunkhwa have en masse supported green energy.” “I...

Published 16 Feb, 2024 06:02am

Pakistan

Discussion titled ‘COP28: an analytical view’ organised by CSP ISSI, CSCCC

ISLAMABAD: Speakers at a round table discussion termed the COP28 as a crucial stage for discussions on a key subject...

Published 23 Dec, 2023 06:16am

Opinion

‘Transitioning away’ from fossil fuels

COP28 has ended with a compromise solution. There was one side, led by the developed countries, and climate ...

Updated 19 Dec, 2023 05:43am

Opinion

COP28: emerging role of nuclear power

Nuclear power is a zero carbon source of energy, meaning that during its operations, no carbon is produced or...

Published 14 Dec, 2023 05:24am

World

New COP28 draft deal stops short of fossil fuel ‘phase out’

DUBAI: A draft of a potential climate deal at the COP28 summit on Monday suggested a range of options that countries...

Published 12 Dec, 2023 05:28am

World

COP28 clashes over fossil fuel phase-out after OPEC pushback

DUBAI: Countries clashed on Saturday over a proposed agreement to phase-out fossil fuels at the COP28 summit in...

Published 10 Dec, 2023 03:33am

World

UN slams COP28 ‘posturing’ as fossil fuel debate sizzles

DUBAI: UN climate chief Simon Stiell on Wednesday accused nations of “posturing” at the COP28 talks in Dubai,...

Published 07 Dec, 2023 04:35am

World

COP28 advisory board member resigns over reports of UAE fossil fuel dealmaking

DUBAI: A member of the main advisory board of the COP28 climate summit resigned on Friday over reports that the UAE...

Published 01 Dec, 2023 05:11pm

Markets

OPEC head accuses IEA of vilifying fossil fuel industry

DUBAI: OPEC Secretary General Haitham Al Ghais on Monday accused the International Energy Agency (IEA) of vilifying...

Published 28 Nov, 2023 04:57am

Business & Finance

China fuels increase in global oil demand: IEA

PARIS: World oil demand will rise slightly more than expected this year as China’s appetite for the fossil fuel ...

Published 15 Nov, 2023 06:09am

Editorials

Lahore: surrounded by smog yet again

EDITORIAL: Lahore, once again, has started to earn the unsavoury distinction of being the world’s most polluted...

Published 01 Nov, 2023 05:57am

World

EU climate talks at loggerheads over fossil fuel language

PARIS: A major stumbling block to defining the European Union’s position at the most important climate ...

Published 17 Oct, 2023 05:51am

Pakistan

PKRC demands debt cancellation

LAHORE: The Pakistan Kissan Rabita Committee (PKRC) on Thursday held a demonstration in the provincial metropolis to...

Published 13 Oct, 2023 05:50am

Opinion

The fossil fuel folly: damned if you have it; damned if you don’t

The world stands at a crossroads, facing a dilemma of unparalleled proportions: the consumption of fossil fuels. In...

Updated 05 Oct, 2023 06:57am

Opinion

Revisiting economy’s direction

‘But putting growth at the center of economic policymaking is a mistake. While important, growth in the abstract ...

Published 01 Sep, 2023 05:41am

World

US county sues oil cos for $51bn over ‘Heat Dome’ disaster

WASHINGTON: A county in the northwestern state of Oregon on Thursday filed a lawsuit against major fossil fuel...

Published 24 Jun, 2023 06:02am

Markets

Financial institutions urged to end fossil fuel funding

KARACHI: Speakers at a study launch have urged the world financial institutions to stop fossil fuel funding in...

Published 22 Jun, 2023 05:45am

World

Swiss voters approve global minimum corporate tax, climate goals

ZURICH: Swiss voters voted on Sunday to introduce a global minimum tax on businesses and a climate law that aims to...

Published 19 Jun, 2023 06:55am

World

Fossil fuel-centred growth is obsolete, says EU’s von der Leyen

BRUSSELS: An energy mix based on fossil fuels cannot deliver sustainable economic growth for future generations,...

Published 16 May, 2023 03:23am

World

EU fossil fuel car ban gets final green light

BRUSSELS: The 27 EU member states gave final approval Tuesday to a ban on sales of new fossil fuel cars by 2035,...

Published 28 Mar, 2023 06:02pm

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
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

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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