Trends - oil and gas sector - Business Recorder

oil and gas sector

OGDCL begins oil & gas production from Hyderabad

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

Updated 19 Dec, 2024 10:46pm

Markets

OGDCL revives heavy oil well in Punjab, enhances production capacity

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

Updated 16 Dec, 2024 10:29pm

Markets

OGDCL discovers hydrocarbon reserves in Khyber Pakhtunkhwa

Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, announced...

Updated 13 Dec, 2024 10:01pm

SIFC to take up critical energy sector issues today

ISLAMABAD: The Special Investment Facilitation Council (SIFC) will take up critical issues in meeting scheduled to...

Updated 11 Dec, 2024 03:11pm

Opinion

Pakistan’s energy revolution: 35% gas reserve for private firms

Amid growing energy challenges and economic strains, Pakistan has embarked on a transformative journey to revitalize...

Published 05 Dec, 2024 07:24am

Markets

OGDCL begins oil & gas production from Sindh

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

Updated 24 Oct, 2024 08:18pm

Markets

OGDCL finds new gas reserves in Sindh

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

Updated 23 Oct, 2024 11:25pm

Markets

PPL begins oil & gas production from Punjab

Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, announced commencement of hydrocarbon production...

Updated 15 Oct, 2024 12:02am

Markets

OGDCL discovers hydrocarbon reserves in Sindh

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

Updated 25 Sep, 2024 10:54pm

Markets

OGDCL enhances oil & gas production in KP, Sindh wells

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

Published 03 Jun, 2024 03:45pm

BR Research

Upstream sector challenges

The upstream oil and gas sector has been in trouble for some time now. The weakness of the oil and gas sector can...

Published 30 May, 2024 07:49am

BR Research

POL in 9MFY24

During the nine months of FY24, the oil production by the exploration and production sector in the country witnessed...

Published 29 Apr, 2024 07:40am

BR Research

PRL in 9MFY24

Pakistan Refinery Limited (PSX: PRL) has seen significant growth in its bottom line for the nine months of FY24....

Published 25 Apr, 2024 09:01am

BR Research

FDI – more of the same

The investment climate in the country is in shambles; and for years the efforts by the authorities have not yielded...

Published 24 Apr, 2024 07:30am

Markets

Oil falls back after robust EU data as Mideast tensions linger

Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as the market...

Updated 23 Apr, 2024 08:23pm

Markets

First oil discovery made in Mari D&PL

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has discovered...

Published 22 Apr, 2024 02:49pm

Markets

MARI successfully drills another appraisal well in Sindh

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has successfully...

Updated 18 Apr, 2024 04:31pm

BR Research

PRL - Expansion on the way

Pakistan Refinery Limited (PSX: PRL) announced a whopping increase in its earnings for 1HFY24 where its profit after...

Published 26 Feb, 2024 09:13am

Markets

Global lubricant giant Gulf Oil enters Pakistan

In a key development for the country’s oil sector, global lubricants giant Gulf Oil announced that it has entered...

Published 24 Feb, 2024 09:34pm

BR Research

FDI – the worst isn’t over yet!

It is no exaggeration that political and economic instability scares away the investors – be it local or foreign....

Published 22 Feb, 2024 08:38am

Markets

ITFC signs deal to fund $2.1bn of Bangladesh oil, gas imports

DHAKA: The International Islamic Trade Finance Corporation (ITFC) on Wednesday signed a $2.1 billion financing plan...

Published 07 Feb, 2024 04:59pm

Markets

Mari Petroleum drills another appraisal well in Sindh

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest E&P companies, has successfully drilled another...

Updated 01 Feb, 2024 10:16pm

Markets

Tight Gas Policy 2024 eyes increased investment in Pakistan’s energy sector

The federal government, in its bid to facilitate investment by the oil and gas industry in unconventional...

Updated 01 Feb, 2024 05:51pm

BR Research

Upstream oil and gas sector in 2024

The global upstream oil and gas sector ended 2023 on a weak note. Despite the geopolitical tensions and other...

Published 29 Jan, 2024 09:01am

Markets

Oil falls over demand concerns after US inventory build

TOKYO: Oil prices fell on Thursday as concerns over low demand following a surprise US crude inventory build...

Updated 21 Dec, 2023 01:04pm

BR Research

FDI in 5MFY24

Decoding foreign direct investment has been a challenge for the country not only recently, but over the last decade....

Published 21 Dec, 2023 08:00am

World

UAE’s GDP grew 3.7% in first half of 2023, supported by non-oil sector

DUBAI: The United Arab Emirates’ gross domestic product grew 3.7% in the first half of the year, the economy...

Published 01 Nov, 2023 04:42pm

Markets

New gas tariff to be effective from November 1: clarifies PD

The Petroleum Division (PD) on Wednesday rejected media reports that suggested the higher gas tariff was with effect...

Updated 01 Nov, 2023 10:58pm

BR Research

PPL – Earnings remain lifted

Pakistan Petroleum Limited (PSX: PPL) recently announced its financial performance for 1QFY24, and the growth in...

Published 01 Nov, 2023 08:39am

BR Research

PRL on growth trajectory?

FY23 was a difficult year for the economy of Pakistan. The downstream oil and gas sector’s earnings were...

Published 20 Oct, 2023 08:48am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Cotton US¢/pound / Dec 23	68.96
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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