Opinion Fact sheet: renewable energy Prime Minister (PM) Shehbaz Sharif this week, in a meeting with a Chinese company that is interested to set up a... Published 17 Sep, 2022 04:27am
Print Again, Putin offers the carrot of cheap fuel, energy security Russian President Vladimir Putin says pipeline gas supplies to Pakistan were possible Updated 16 Sep, 2022 10:54am
Markets Oil rises 1pc on supply concerns, expectations for fuel switching NEW YORK: Oil edged up 1% on Wednesday as an international energy watchdog expects an increase in gas-to-oil... Published 15 Sep, 2022 07:16am
Markets PIDE report underscores need for minimising govt ‘interference’ in gas sector PESHAWAR: Report on a research study carried out by the Pakistan Institute of Development Economics (PIDE), entitled... Published 12 Sep, 2022 07:23am
Business & Finance IMF agrees to $2.9bn bailout for bankrupt Sri Lanka COLOMBO: Bankrupt Sri Lanka agreed a conditional $2.9 billion bailout with International Monetary Fund negotiators ... Published 02 Sep, 2022 06:00am
Markets Asia’s gasoline NEW DELHI: Asia’s gasoline crack continued to climb on Monday after crude oil benchmarks weakened, although gains... Published 23 Aug, 2022 05:56am
Print Billions of people rely on wild species for food, fuel, income: UN PARIS: Rampant exploitation of nature is a threat to the well-being of billions of people across the world who rely... Updated 09 Jul, 2022 09:26am
Business & Finance Experts call for increasing reliance on indigenous resources for power LAHORE: While the country looking for borrowings from IMF, analysts called for introducing a long-term strategy to... Published 20 Jun, 2022 05:51am
World Sri Lankan woman rickshaw driver has to queue 12 hours, or more, for fuel GONAPOLA: Lasanda Deepthi, a 43-year-old Sri Lankan woman, plans her day around fuel queues. The driver of an... Published 31 May, 2022 12:56pm
Markets Ukraine’s embattled farmers running on empty as world faces food crisis PARIS/LONDON: After making it through the spring planting season, sometimes with the help of bulletproof vests and... Published 26 May, 2022 05:26am
Markets Asia’s gasoline crack at record high on easing China curbs, lower stock NEW DELHI: Asia’s gasoline crack rose to a record high for a second straight session on Wednesday as US ... Published 19 May, 2022 05:29am
Markets Sri Lanka to default on debt, no money for fuel COLOMBO: Sri Lanka is expected to be placed into default by rating agencies on Wednesday after the non-payment of... Published 19 May, 2022 05:29am
Markets UAE’s Fujairah marine fuel sales drop in April SINGAPORE: Sales of marine fuel in the United Arab Emirates’ Fujairah marine refuelling and oil storage hub dropped... Published 18 May, 2022 10:30am
Markets UK asks competition regulator to look into fuel retailers LONDON: British business minister Kwasi Kwarteng said on Tuesday he had written to petrol retailers over concern a... Published 18 May, 2022 05:54am
World Sri Lanka hikes medicine prices COLOMBO: Cash-strapped Sri Lanka announced a 40 percent price hike for dozens of commonly used medicines on Saturday... Published 01 May, 2022 05:11am
Print PM says power load-shedding to end by May 1 ISLAMABAD: Prime Minister Shehbaz Sharif was informed on Tuesday that there is power shortfall between 500 MW to... Updated 27 Apr, 2022 10:17am
Business & Finance OCAC confirms ample availability of fuel in country KARACHI: The Oil Companies Advisory Council (OCAC), the primary representative of the downstream oil industry, has... Updated 26 Apr, 2022 10:20am
World Malaysia urges countries to prioritise food over fuel as Indonesia bans palm exports KUALA LUMPUR: Countries should pause or slow use of edible oil as biofuel to ensure adequate supply for use in food,... Published 26 Apr, 2022 05:20am
Markets Sri Lanka shares plunge as Buddhist leaders ask govt to resign COLOMBO: Sri Lanka’s stock market halted trading after a nearly 13 percent plunge Monday as the island nation’s... Published 26 Apr, 2022 05:20am
Print PSO arranges five extra cargoes of diesel KARACHI: In view of the increasing demand of diesel, mainly due to harvesting season and limited product... Updated 26 Apr, 2022 09:58am
Business & Finance Shell Pakistan posts Rs2,079m profit after tax KARACHI: The Board of Directors of Shell Pakistan Limited announced the first quarter results for the company on... Published 22 Apr, 2022 05:36am
Opinion Coal is back in the spotlight With a current power shortfall touching 5500MW in the country, Pakistan struggles to find a sustainable fuel ... Published 16 Apr, 2022 04:10am
World Iran Guards say they have seized two ships with smuggled fuel in Gulf DUBAI: Iran’s Revolutionary Guards said on Friday they had seized two vessels along the country’s coast on the... Published 16 Apr, 2022 04:10am
Markets Asia’s naphtha NEW DELHI: Asia’s naphtha markets steadied on Friday after tumbling nearly 20% in the last session on fears of... Published 17 Mar, 2022 04:53am
Markets Oil drops as investors scoop up profits after US inventory build TOKYO: Oil prices fell on Friday, after rising to seven-year highs this week, as investors took profits after a ... Published 21 Jan, 2022 11:29am
Business & Finance Sri Lanka economy slumps in face of forex crisis COLOMBO: Sri Lanka's economy shrank in the third quarter as a foreign exchange crisis wrecked its recovery from the... Published 16 Dec, 2021 11:34am
Markets UAE's Fujairah November marine fuel sales slip 6% to 2-month low SINGAPORE: Sales volumes of marine fuel in the United Arab Emirates' (UAE) Fujairah marine refuelling and oil ... Published 15 Dec, 2021 12:43pm
Markets China's Oct clean marine fuel exports rise 22.6% from year earlier BEIJING: China's exports of clean marine bunker, also known as very low-sulphur fuel oil (VLSFO), rose 22.6% in... Published 21 Nov, 2021 11:59am
Business & Finance Japan prices rise for second month TOKYO: Japan's core consumer prices rose slightly year-on-year in October for the second month running, driven in... Published 19 Nov, 2021 10:01am
Markets Stronger fuel demand boosts profits at crude oil refineries LAUNCESTON, (Australia): Stronger fuel demand has boosted profits at crude oil refineries across Asia in recent... Published 13 Nov, 2021 04:08am