Trends - PARCO - Business Recorder

PARCO

Oct HSD sales 21pc up against projections due to anti-smuggling drive, start of agri season

ISLAMABAD: High sales of High-Speed Diesel (HSD) have depleted the stocks of fuel that were reported as high earlier...

Published 26 Oct, 2024 05:55am

Pacts deadline looms: Refineries’ upgrade plans hit snags

ISLAMABAD: The federal government is grappling with a major hurdle in its plans to upgrade domestic refineries as...

Updated 22 Oct, 2024 09:33am

Opinion

FDI and its drivers: a perspective

Foreign Direct Investment (FDI) is all about country perception and country perception is all about political and...

Updated 10 Aug, 2024 07:16am

Markets

TotalEnergies sells 50% stake in Total PARCO Pakistan to Gunvor Group

French energy giant TotalEnergies has signed an agreement to sell its 50% stake in Total PARCO Pakistan Limited...

Updated 06 Aug, 2024 11:40pm

Pakistan

Finance minister meets PARCO team

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb held a meeting with a delegation led...

Published 06 Aug, 2024 07:39am

Opinion

Completing the petroleum value chain

Petroleum products, including crude oil, have the highest share in Pakistan’s external trade. Approximately 20% of...

Published 16 Feb, 2024 06:02am

PARCO pipeline: Customs unearths ‘tunnel’ dug for stealing diesel

KARACHI: Customs Intelligence has busted a gang stealing non-duty paid diesel from the PARCO oil pipeline via a...

Updated 25 Jan, 2024 09:46am

Opinion

The rampant energy theft

Pak-Arab Refinery Company (PARCO) reported this week an incident of oil theft that purportedly took place at a...

Updated 20 Jan, 2024 05:56am

Business & Finance

PARCO reports another oil theft incident at Bin Qasim

KARACHI: Following a police complaint by Pak-Arab Refinery Company (PARCO), another incident of oil theft from a...

Published 16 Jan, 2024 05:44am

Pakistan

PSDF, PARCO sign MoU to provide technical training

LAHORE: Punjab Skill Development Fund (PSDF) and Pak-Arab Refinery Company Ltd (PARCO) have signed MoU under which...

Published 24 Jul, 2023 06:56am

Business & Finance

Govt negotiating second cargo of discounted Russian crude

ISLAMABAD: The State Minister for Petroleum, Dr Musadik Malik, on Wednesday said that talks with Russia are...

Updated 13 Jul, 2023 09:11am

Markets

Pakistan’s PARCO issues fuel oil sales tender for July

SINGAPORE: Pakistan’s Pak-Arab Refinery Limited (PARCO) has offered fuel oil for July loading in its latest tender,...

Published 05 Jul, 2023 11:52am

LNG deal with Azerbaijan to help end gas crisis by next winter: Musadik

ISLAMABAD: State Minister for Petroleum Musadik Malik Wednesday assured that Pakistan’s Liquefied Natural Gas (LNG)...

Updated 22 Jun, 2023 08:59am

Pakistan

Jazz joins CoRe Alliance to advance climate commitment

ISLAMABAD: Jazz has announced joining the Collect and Recycle (CoRe) Alliance to advance its climate commitment....

Published 07 Jun, 2023 06:05am

Markets

PARCO team meets Sindh energy minister

KARACHI: A three-member delegation of Pak Arab Refinery Limited (PARCO) Wednesday met with Sindh Energy Minister...

Published 04 May, 2023 04:26am

Russian oil: govt places single cargo order as test case

ISLAMABAD: Pakistan has placed its first order for discounted Russian crude oil under a new commercial deal struck...

Updated 21 Apr, 2023 08:51am

Markets

OGDCL, PARCO ink MoU on new projects

ISLAMABAD: Oil & Gas Development Company Limited (OGDCL) and PARCO ink an MoU for new projects, as part of...

Published 15 Apr, 2023 06:19am

Markets

Parco shuts refinery for five days for maintenance

ISLAMABAD: Pak-Arab Refinery Ltd temporarily shut down its refinery operations for five days as part of its ...

Published 07 Apr, 2023 06:06am

Markets

‘Scheduled maintenance’: PARCO shuts down refinery for 5 days

Shutdown not expected to disrupt supply of petrol and diesel in Pakistan, it says

Published 06 Apr, 2023 05:08pm

Markets

MoU signed to explore, pursue green hydrogen opportunities

ISLAMABAD: Leading exploration and production (E&P) companies, Oil and Gas Development Company Limited (OGDCL),...

Published 30 Mar, 2023 06:35am

Markets

PARCO pipeline made operational after leakage

KARACHI: An oil leakage occurred at the Pak Arab Refinery Limited (PARCO) pipeline near Shah Latif Town, Karachi on...

Published 13 Mar, 2023 07:27am

Markets

Mubadala Energy, OMV and PARCO sign MoU

KARACHI: Mubadala Energy, the Abu Dhabi-based international energy company, has announced the signing of a ...

Published 20 Jan, 2023 06:10am

Sports

7th PARCO T20 cricket tournament opens

KARACHI: After completion of six successful editions of Pak-Arab Refinery Ltd (PARCO) T20 Cricket Tournament, the...

Published 09 Jan, 2023 06:01am

Markets

Ogra asked to examine demand for furnace oil by power sector, industry

ISLAMABAD: Directorate General of Oil (Petroleum Division) has requested Oil and Gas Regulatory Authority (Ogra) to...

Published 25 Nov, 2022 06:59am

Furnace oil: Slow upliftment may lead to closure of refineries

ISLAMABAD: Pakistan State Oil (PSO) and local refineries have raised serious concerns on slow upliftment of furnace...

Updated 05 Nov, 2022 11:37am

Markets

Saudi deferred payment facility: Country imports $100m oil in September

ISLAMABAD: Pakistan imported petroleum products worth $100 million on deferred payment basis under the Saudi oil...

Updated 23 Oct, 2022 05:23pm

Markets

Govt makes a move towards Russian crude import, urges refineries to furnish analysis

Development comes after Prime Minister Shehbaz Sharif-led coalition government had started weighing possibility of importing oil and gas from Russia to meet the country’s energy requirements

Updated 29 Jun, 2022 06:31pm

Business & Finance

During 2022: Pakistan to import 32.7mn barrels of crude under Saudi Fund Programme

Pak-Arab Refinery Company Limited and National Refinery Limited are planning to import 16.89 and 15.81 million barrels, respectively

Updated 05 Apr, 2022 07:37pm

Markets

Saudi oil facility :First oil tanker to arrive this month: minister

ISLAMABAD: First oil tanker under Saudi oil facility to arrive in the 3rd week of March 2022, said Omar Ayub Khan,...

Published 03 Mar, 2022 04:39am

Supplements

PARCO – Providing Energy with Responsibility

TEXT: On 11 October, 1947, while addressing the Civil, Military and Air Force Officers, Quaid-e-Azam Muhammad Ali...

Published 26 Dec, 2021 03:57am

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
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 10 Grams PKR / Nov 21	238,340
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

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