Trends - Oil and gas - Business Recorder

Oil and gas

PPL discovers hydrocarbon reserves in Sujawal

Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, has discovered hydrocarbon reserves from Pateji...

Updated 15 Nov, 2024 07:43pm

World

Oil, gas ‘gift of God’, Azerbaijan president repeats at COP29

BAKU: Azerbaijan’s president, whose country is hosting the COP29 climate talks, on Tuesday repeated his insistence...

Published 13 Nov, 2024 06:33am

Markets

OGDC’s profit down 7% in FY24 despite higher sales

Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,...

Published 23 Sep, 2024 03:15pm

BR Research

FDI at a crossroads

While media outlets are abuzz with reports of a 55 percent spike in FDI during the first two months of FY25, this...

Published 23 Sep, 2024 09:02am

Pakistan

AGP raises serious concerns over performance of DGPC

ISLAMABAD: The Auditor General of Pakistan (AGP) has raised serious concerns about the performance of the Director...

Published 20 Sep, 2024 07:55am

BR Research

Mari Petroleum Company Limited

Mari Petroleum Company Limited (PSX: MARI) is the second largest producer of natural gas. It is integrated oil and...

Published 05 Sep, 2024 07:50am

Pakistan

Karak, Hangu and Kohat districts: KP cabinet approves enhancement of oil, gas royalty share

PESHAWAR: The 12th meeting of the Provincial Cabinet of Khyber Pakhtunkhwa was held at Khyber Pakhtunkhwa House...

Published 30 Aug, 2024 07:41am

Petroleum policy: New PD terms could discourage $5bn potential investment

ISLAMABAD: The Petroleum Division has prepared a framework for allocation of gas to third party proposing amendments...

Updated 03 Aug, 2024 09:00am

Markets

KP to streamline development of its ‘oil, gas districts’

PESHAWAR: The Khyber Pakhtunkhwa government has decided to further improve the production bonus guidelines issued ...

Published 08 Jul, 2024 07:44am

Mining, oil and gas: Pakistan, China agree to strengthen cooperation

BEIJING: China and Pakistan have agreed to boost mining cooperation and promote the implementation of a pact on...

Updated 10 Jun, 2024 09:21am

Opinion

Economy: rent-seeking through revolving doors

In Pakistan, the risk reward mechanism on investment is lopsided, and that is one of the reasons for the low...

Updated 03 Jan, 2024 02:58pm

PM forms body to resolve KP’s financial issues

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed to form a secretarial committee to resolve the...

Updated 27 Dec, 2023 09:51am

Opinion

Dilemmas: oil and gas policies

Pakistan finds itself ensnared in the repercussions of short-sighted decisions within the oil and gas sector

Published 15 Dec, 2023 03:12am

Markets

OPEC blames ‘exaggerated’ demand concerns for oil price drop

LONDON: OPEC on Wednesday said it remained cautiously optimistic about 2024 oil market fundamentals and blamed...

Published 13 Dec, 2023 06:01pm

Markets

OGDCL enhances oil, gas output in Sindh

Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, has revived...

Published 12 Dec, 2023 03:10pm

World

Spanish minister slams ‘disgusting’ OPEC push on fossil fuels

DUBAI: Spanish ecology transition minister Teresa Ribera lashed out Saturday at an OPEC bid to block any phase-out...

Published 09 Dec, 2023 12:43pm

World

OPEC members push against including fossil fuels phase-out in COP28 deal

DUBAI: OPEC members are pushing against attempts to include language on “phasing out” fossil fuels in a COP28...

Updated 09 Dec, 2023 04:35pm

World

COP28 opens with ‘historic’ launch of loss and damage fund

Talks in Dubai come at a pivotal moment for the planet, with emissions still rising
Caretaker PM Kakar will attend the World Climate Action Summit on December 1 and 2

Published 30 Nov, 2023 08:54pm

World

Hundreds of new oil and gas projects approved despite climate crisis

PARIS: More than 400 oil and gas projects were approved globally in the last two years despite calls to abandon all...

Published 30 Nov, 2023 08:20pm

Markets

PPL commences oil & gas production from Punjab

Pakistan Petroleum Limited (PPL), a key supplier of natural gas in the country, has commenced production of...

Updated 24 Nov, 2023 10:48pm

Markets

Indian Oil to double Ennore LNG terminal’s capacity to 10mn tpy

NEW DELHI: Indian Oil Corp, the country’s top refiner, aims to double the capacity of its liquefied natural gas...

Published 24 Nov, 2023 02:40pm

Markets

Oil prices steady ahead of OPEC+ oil production decision

Global benchmark Brent crude oil hovered above $81 a barrel on Friday ahead of next week’s OPEC+ meeting, which...

Updated 24 Nov, 2023 10:31pm

Markets

Oil firms face ‘moment of truth’ in climate crisis: IEA

PARIS: Oil and gas firms will face a crucial choice at UN climate talks next week between contributing to the ...

Published 24 Nov, 2023 05:29am

Saudi Aramco, PSO, TAPI gas pipeline: Oil, gas issues now come under sharper SIFC focus

ISLAMABAD: The Apex Committee (AC) of Special Investment Facilitation Council (SIFC) has directed Ministry of...

Updated 17 Oct, 2023 08:54am

Markets

Israel shuts down offshore Tamar gas field output

JERUSALEM: Israel is suspending production at the Tamar gas field off its southern coast and will seek alternative...

Published 09 Oct, 2023 05:10pm

OPEC leaders make case for fossil fuels at Riyadh climate event

RIYADH: OPEC heavyweights said on Sunday oil and gas should not be stigmatised in the climate debate and that the...

Updated 09 Oct, 2023 09:33am

Opinion

Evolution, challenges, and prospects of oil and gas exploration sector

Pakistan’s oil and gas exploration and production (E&P) sector has traversed a fascinating path since the ...

Published 07 Sep, 2023 06:21am

BR Research

MARI shines in FY23

FY23 has been a year of high prices, which meant growth in oil and gas E&P sector earnings. And then the local...

Published 11 Aug, 2023 08:26am

Opinion

Future drivers of country’s growth

The incumbent government, in the very last leg of its tenure, has sowed the seeds of agriculture, mineral and mines,...

Published 05 Aug, 2023 06:00am

Pakistan

Pakistan, China committed to continued CPEC expansion: FO

ISLAMABAD: Pakistan on Thursday said that – being a framework of regional connectivity – China-Pakistan Economic...

Published 07 Jul, 2023 05:24am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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