Trends - GAS - Business Recorder

GAS

US natgas prices slid 2pc on mild weather and lower demand

NEW YORK: US natural gas futures slid about 2% on Tuesday on forecasts for mild weather and less heating demand over...

Published 20 Nov, 2024 07:46am

Schlumberger selected for tight gas evaluation study

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) had announced an international tender for “integrated...

Updated 20 Nov, 2024 03:16pm

Petroleum Div for selling 100mmcfd gas to third party

ISLAMABAD: Petroleum Division has prepared a summary for the Executive Committee of National Economic Council...

Updated 20 Nov, 2024 09:24am

Markets

Consumers in Pindi enjoying adequate supply of gas: SNGPL

ISLAMABAD: Consumers of Rawalpindi city are enjoying adequate supply of gas. Round the clock (24/7) complaints...

Published 19 Nov, 2024 08:00am

Sale of 35pc of unallocated gas: Govt strikes deal to submit framework to Ecnec

ISLAMABAD: The high-powered committee of the federal government reached an in-principle agreement to submit a...

Updated 19 Nov, 2024 03:12pm

Markets

Russia cuts gas to Austria in payment dispute, keeps EU flows

MOSCOW: Russia halted gas supplies to Austria on Saturday in a dispute over payments but was still pumping steady...

Published 17 Nov, 2024 05:55am

Opinion

Disconnecting captive power: balancing between costs and efficiency

The more one writes about Pakistan’s energy sector mess, the less it seems to cover. The latest issue involves the...

Updated 11 Nov, 2024 07:21am

No gas for CPPs as per IMF terms: MoC moves PM for reversal of decision

ISLAMABAD: The Commerce Ministry has approached the Prime Minister for reversal of federal government’s decision to...

Updated 08 Nov, 2024 09:47am

Badin-IV South Block: Alleged sale of gas thru unlicensed co irks Senate panel

ISLAMABAD: A parliamentary panel, on Friday, showed serious concern over alleged third party sale of gas in the...

Updated 02 Nov, 2024 03:09pm

Markets

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

Markets

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

Markets

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 29.224 billion...

Published 29 Oct, 2024 03:27am

Business & Finance

PTEA assails govt for disconnecting gas supply to CPPs

ISLAMABAD: Pakistan Textile Exporters Association (PTEA) has condemned the government’s decision to discontinue ...

Published 26 Oct, 2024 05:55am

Sindh asks Centre to increase supply of natural gas

KARACHI: Sindh Energy Minister Syed Nasir Hussain Shah has said that Sindh is currently the largest gas producing...

Published 23 Oct, 2024 06:22am

Markets

US natural gas prices down

NEW YORK: US natural gas futures held near a three-week low on Tuesday on expectations mild weather over the next ...

Published 16 Oct, 2024 06:58am

Power sector: Govt commits to IMF about drastic reforms

ISLAMABAD: The government has committed to the International Monetary fund (IMF) to revise terms of Power Purchase...

Updated 12 Oct, 2024 09:59pm

IMF assured of semi-annual gas tariff adjustment by Feb 15, 2025

IMF suggests gradually adjusting the tariff structure while implementing direct cash transfers through the Benazir Income Support Programme to protect vulnerable households

Updated 12 Oct, 2024 09:35pm

Markets

SSGC continues raids against gas theft miscreants

KARACHI: SSGC continued to tighten the noose on gas theft miscreants through multiple targeted raids in its ...

Published 04 Oct, 2024 07:55am

Silk Route Expo: Oil, gas firms hold B2B meetings with Chinese cos

ISLAMABAD: Pakistani oil and gas companies held business-to-business meetings with Chinese companies in a bid to...

Updated 22 Sep, 2024 09:58am

Gas use for industrial processes also first priority: ECC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved a proposal for placing gas use for...

Updated 12 Sep, 2024 09:22am

Processing industry: MoF seeks mechanism to avoid misuse of gas

ISLAMABAD: Finance Ministry has reportedly sought a mechanism from the Petroleum Division which guarantees that the...

Updated 09 Sep, 2024 09:08am

Pakistan

SSGC disconnects 3,276 illegal gas connections

KARACHI: The Sui Southern Gas Company Limited (SSGC), in its efforts to curtail the UFG (Unaccounted for Gas) has...

Published 05 Sep, 2024 06:19am

Markets

Sinjhoro Block JV: Gas condensate discovered

KARACHI: The joint venture of Sinjhoro Block comprising Oil and Gas Development Company Limited (OGDCL) as operator...

Published 31 Aug, 2024 06:55am

Rs1trn capacity payment made to 26 IPPs in 10 years

ISLAMABAD: The government reportedly paid about Rs 1 trillion as capacity payment to 26 gas/RLNG and RFO-fired...

Updated 31 Aug, 2024 04:20pm

Pakistan

SSGC’s 24 hours gas holiday on Sept 1

KARACHI: Sui Southern Gas Company (SSGC) has announced 24 hours gas holiday for all industries including their power...

Published 30 Aug, 2024 06:08am

Markets

Ministry approached to halt gas sale at Badin

ISLAMABAD: The Petroleum Ministry has been approached for immediate action to halt the unlawful sale of ...

Published 29 Aug, 2024 06:53am

APTPMA demands govt reduce gas, electricity tariffs

Business & Finance

Says if necessary, any relief measures will be implemented in consultation with all the provinces

Updated 21 Aug, 2024 01:11pm

Pakistan

SSGC removes 557 illegal gas connections

KARACHI: The Sui Southern Gas Company Limited (SSGC) has been fighting against the menace of gas theft ever since ...

Published 20 Aug, 2024 06:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Gold 10 Grams PKR / Nov 20	238,940
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

GAS

Most Popular