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Pemex

Mexico’s Pemex reports fire at offshore platform, nine workers injured

MEXICO CITY: Mexico’s state energy company Pemex said on Saturday that a fire broke out at one of its platforms in...

Published 07 Apr, 2024 11:23am

Markets

Mexico’s Pemex reports 44% surge in debt since October

MEXICO CITY: Mexican state oil company Pemex’s debt with suppliers and contractors surged 44% between its October...

Published 05 Mar, 2024 11:10am

Markets

Mexico’s Pemex says 13 injured after separate fires

MEXICO CITY: A fire at a refinery controlled by Mexican state-run oil firm Pemex and an explosion caused by an...

Published 25 May, 2023 10:28am

Markets

Mexico’s newest oil refinery now seen working at half capacity in mid-2023

MEXICO CITY: Mexican state oil company Pemex’s newest refinery will reach half of its crude processing capacity in...

Published 27 Dec, 2022 06:07am

Markets

Mexico’s Pemex posts $6bln 4Q loss

MEXICO CITY: Mexican state oil company Pemex reported a $6.05 billion fourth-quarter net loss on Monday, compared...

Published 01 Mar, 2022 05:34am

Markets

Oil down 1pc; pandemic surge, renewed Mexico supply end rally

NEW YORK: Oil fell about 1% on Thursday on renewed concerns over demand due to rising COVID-19 infections and as...

Published 27 Aug, 2021 04:52am

Markets

Oil down 1pc; pandemic surge, renewed Mexico supply end rally

Brent crude was down 53 cents, or 0.7 pc, at $71.47 a barrel by 1:25 p.m. EDT (1725 GMT). U.S. West Texas Intermediate oil declined 35 cents to $68.01 a barrel, snapping a three day rally.

Published 26 Aug, 2021 11:46pm

Markets

US, Canada raise concern over Mexico energy, investment climate

Canadian Trade Minister Mary Ng reiterated Canada's ongoing concern with the investment climate in Mexico specifically in energy and mining sectors

Published 08 Jul, 2021 12:22pm

Markets

Shell weighs shut Louisiana refinery's future as Baton Rouge firm promotes bid

American Clean Energy Refining LLC (ACER), based in Baton Rouge, submitted two bids for the refinery, the first last December, Chief Executive George R. Dabbs told Reuters on Sunday. Neither was accepted, he said.

Published 25 May, 2021 11:10am

Markets

Asia gasoline crack drops

SINGAPORE: Asia’s gasoline crack extended losses on Thursday after data showed an increase in gasoline stockpiles...

Published 09 Apr, 2021 04:51am

World

Mexico's Pemex suffers fire at refinery, seven injured

Footage posted on social media showed flames leaping inside the refinery and thick black plumes of smoke billowing out.

Published 08 Apr, 2021 12:14pm

Markets

Mexico's Pemex says ends contract with Fitch

Fitch did not immediately respond to a request for comment.

Published 03 Mar, 2021 10:29am

Business & Finance

Shell to begin Deer Park, Texas, FCC restart Monday night

The 70,000-bpd FCC was shut on Jan. 11 to repair a leak following a malfunction in the unit's expander, the sources said.

Published 09 Feb, 2021 12:25pm

Business & Finance

Mexico's Pemex risks refinery accidents with planned job cuts

Even though the refineries have a combined processing capacity of 1.6 million barrels per day (bpd), they process less than half of that, Pemex's third-quarter financial report showed.

Published 22 Jan, 2021 12:09pm

Markets

Pemex could be downgraded if Mexico's govt debt rating is cut, says Moody's

But a combination of declining output, crushing tax obligations and a hefty payroll burden have gradually weakened the company, which is a major source of federal budget revenues.

Published 17 Dec, 2020 11:32am

Markets

Pemex's trading arm suspends business with Vitol amid US bribery probe

Mexican President Andres Manuel Lopez Obrador said on Thursday his government would look into the bribery allegations.

Published 11 Dec, 2020 10:41am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 31	278.65
USD PKR Interbank Buying / Dec 31	278.45
USD to Japanese Yen / Dec 31	156.20
USD to Swiss Franc / Dec 31	0.90
Pound Sterling to USD / Dec 31	1.26
Euro to USD / Dec 31	1.04

Stock	Volume
S&P 500 / Dec 30	5,906.94
Tokyo Nikkei / Dec 30	39,894.54
Nasdaq / Dec 30	19,486.79
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14
India Sensex / Dec 31	78,017.14
Hang Seng / Dec 31	20,059.95
FTSE 100 / Dec 31	8,125.32

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 30	17,785
Gold 10 Grams PKR / Dec 30	241,430.80
Petrol/Litre / Dec 31	252.10
Crude Oil USD/Barrel / Dec 31	71.59
Gold Spot USD/Ounce / Dec 31	2,605.88
Diesel/Litre / Dec 31	255.38

Gainers
Losers
Leaders

Stock	Price
Hira Textile / Dec 31 Hira Textile Mills Limited(HIRAT)	3.75 ▲ 0.45 (13.64%)
Pace (Pak) Ltd. / Dec 31 Pace (Pakistan) Limited(PACE)	8.33 ▲ 1.00 (13.64%)
Tariq Corp.Pref. / Dec 31 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.88 ▲ 0.88 (12.57%)
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	9.38 ▲ 1.00 (11.93%)
Gulshan Sp. / Dec 31 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.47 (11.75%)
Sec. Inv. Bank / Dec 31 Security Investment Bank Limited(SIBL)	9.99 ▲ 1.00 (11.12%)
LSE Financial Serv. / Dec 31 LSE Financial Services Limited(LSEFSL)	15.70 ▲ 1.43 (10.02%)
Sindh Abadgar / Dec 31 Sindh Abadgar's Sugar Mills Limited(SASML)	39.33 ▲ 3.58 (10.01%)
Ali Asghar / Dec 31 Ali Asghar Textile Mills Limited(AATM)	65.45 ▲ 5.95 (10.00%)

Stock	Price
First Capital Equities / Dec 31 First Capital Equities Limited(FCEL)	5.12 ▼ -0.98 (-16.07%)
Pak Agro Pack. (GEM) / Dec 31 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.60 ▼ -0.90 (-10.59%)
Nimir Resins / Dec 31 Nimir Resins Limited(NRSL)	30.76 ▼ -3.42 (-10.01%)
Frontier Ceram / Dec 31 Frontier Ceramics Limited(FRCL)	42.91 ▼ -4.77 (-10.00%)
Fateh Sports / Dec 31 Fateh Sports Wear Limited(FSWL)	78.50 ▼ -8.72 (-10.00%)
Khairpur Sug. / Dec 31 Khairpur Sugar Mills Limited(KPUS)	203.81 ▼ -22.65 (-10.00%)
Noon Sugar / Dec 31 Noon Sugar Mills Limited(NONS)	81.31 ▼ -9.03 (-10.00%)
Shahmurad Sugar / Dec 31 Shahmurad Sugar Mills Limited(SHSML)	425.82 ▼ -47.31 (-10.00%)
Gammon Pak / Dec 31 Gammon Pakistan Limited(GAMON)	45.59 ▼ -5.06 (-9.99%)

Stock	Volume
Cnergyico PK / Dec 31 Cnergyico PK Limited(CNERGY)	212,308,919 ▲ 0.42
WorldCall Telecom / Dec 31 Worldcall Telecom Limited(WTL)	111,551,930 ▼ -0.05
B.O.Punjab / Dec 31 The Bank of Punjab(BOP)	84,182,656 ▲ 0.28
Pace (Pak) Ltd. / Dec 31 Pace (Pakistan) Limited(PACE)	66,177,767 ▲ 1.00
Fauji Foods Ltd / Dec 31 Fauji Foods Limited(FFL)	55,597,038 ▲ 0.69
Pak Refinery / Dec 31 Pakistan Refinery Limited(PRL)	50,017,805 ▲ 3.54
Silk Bank Ltd / Dec 31 Silkbank Limited(SILK)	48,777,302 ▼ -0.02
K-Electric Ltd. / Dec 31 K-Electric Limited(KEL)	45,320,218 ▲ 0.24
Pak Elektron / Dec 31 Pak Elektron Limited(PAEL)	36,348,761 ▼ -0.91

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