Trends - Shell - Business Recorder

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Shell invests in Nigeria’s Bonga North deep-water project

Shell said on Monday its Nigerian subsidiary has announced a final investment decision (FID) on Bonga North, a...

Published 16 Dec, 2024 01:50pm

Markets

Shell wins appeal against landmark Dutch climate ruling

AMSTERDAM: A Dutch court on Tuesday accepted Shell’s appeal against a landmark climate ruling, dismissing the order...

Published 12 Nov, 2024 01:57pm

Business & Finance

Shell’s $6bn profit smashes forecasts as LNG offsets weak refining

LONDON: Shell reported on Thursday third-quarter profits of $6 billion that exceeded forecasts by 12% as higher...

Published 04 Nov, 2024 03:29am

Business & Finance

Shell Pakistan Limited to become Wafi Energy Pakistan Limited

The Board of Directors (BoD) of Shell Pakistan Limited (SHEL) has approved changing the company’s name to the...

Updated 31 Oct, 2024 06:55pm

Markets

Shell $6bn profit smashes forecasts as LNG offsets weak refining

LONDON: Shell reported on Thursday third quarter profits of $6 billion that exceeded forecast by 12% as weaker oil...

Published 31 Oct, 2024 02:59pm

Markets

Waqar Siddiqui to step down as Shell Pakistan CEO

Waqar I. Siddiqui has decided “to step down” from the position of Chief Executive Officer (CEO) of Shell Pakistan...

Published 10 Oct, 2024 03:30pm

Business & Finance

Shell: takeover regulations

KARACHI: Shell Pakistan Limited has announced that Wafi Energy Holding Limited (the acquirer) has fulfilled its...

Published 10 Oct, 2024 03:03am

Markets

Sale of petroleum products jumps 20% in September amid higher demand

Sale of total petroleum products in Pakistan clocked in at 1.27 million tons in September, an increase of 20% on a...

Updated 02 Oct, 2024 10:43pm

Business & Finance

Shell Q2 profit slides to $6.3bn on weaker trading, refining

LONDON: Shell reported a 19% quarter-on-quarter drop in profit to $6.3 billion on Thursday reflecting weaker...

Published 01 Aug, 2024 01:08pm

World

Shell, Total, BP take stakes in UAE gas project

DUBAI: Energy majors TotalEnergies, Shell and BP will each take a 10 percent stake in a liquefied natural gas...

Published 10 Jul, 2024 06:45pm

Pakistan

Shell launches country’s first-ever recycled plastic retail site

KARACHI: Shell Pakistan Limited (SPL) has launched Pakistan’s first-ever recycled plastic retail site, Malik...

Published 04 Jul, 2024 07:16am

Business & Finance

Belgium’s Ontex completes divestment of business in Pakistan

Ontex Group NV, a Belgian developer and producer of care products and solutions, on Monday announced that it has...

Updated 03 Jun, 2024 07:57pm

Editorials

An MNC’s warning and FDI troubles

EDITORIAL: In a highly troubling development, one of the oldest multinational companies (MNCs) operating in the...

Published 01 Jun, 2024 06:59am

Markets

Shell earns $1 billion a year from US crude trading, court filing shows

HOUSTON: Financial details of Shell’s vast oil and gas trading business are some of the company’s closest-held...

Published 29 Apr, 2024 12:50pm

Markets

Shell sees significantly lower Q1 LNG trading results

LONDON: Shell said on Friday it expects significantly lower results from its liquefied natural gas trading business...

Published 05 Apr, 2024 12:17pm

Business & Finance

PRL, Air Link withdraw intention to buy 77.42% shares, control of Shell Pakistan

Pakistan Refinery Limited (PRL) and Air Link Communication Limited (Air Link) have announced their withdrawal from...

Updated 03 Apr, 2024 10:34pm

Markets

Sale of petroleum products inches up 4%, signals some stability

Sale of total petroleum products in Pakistan clocked in at 1.15 million tons in March, an increase of 4%...

Updated 02 Apr, 2024 11:48pm

Business & Finance

Shell shakes up climate targets, sparking backlash

LONDON: UK oil and gas giant Shell on Thursday watered down key targets on cutting carbon emissions, sparking anger...

Published 28 Mar, 2024 06:30am

Markets

Shell to cut about 20% of jobs in deals team: Bloomberg News

Oil major Shell is planning to cut at least 20% of jobs in its deals team, in an effort to reduce costs, Bloomberg...

Published 13 Mar, 2024 03:46pm

Business & Finance

World demand for LNG jumps 50pc by 2040: Shell

LONDON: British energy group Shell on Wednesday forecast that world demand for liquefied natural gas would jump more...

Published 15 Feb, 2024 05:39am

Markets

Shell expects 50% rise in global LNG demand by 2040

LONDON/SINGAPORE: Global demand for liquefied natural gas (LNG) is estimated to rise by more than 50% by 2040, as...

Published 14 Feb, 2024 02:46pm

Markets

Shell resumes oil supply to Nigeria’s state refinery ahead of restart

LAGOS: Shell Plc’s Nigeria unit said on Friday it has resumed supply of crude oil from its Bonny export terminal to...

Published 09 Feb, 2024 04:55pm

Markets

Sale of total petroleum products dip 4% YoY

Sale of total petroleum products in Pakistan clocked in at 1.38 million tons in January, a decline of 4%...

Updated 02 Feb, 2024 04:12pm

Markets

Shell annual profit more than halves to $19.4bn

LONDON: Shell said Thursday that profit more than halved in 2023 on lower oil and gas prices, after rocketing to a...

Published 01 Feb, 2024 03:08pm

Business & Finance

Shell suspends all Red Sea shipments: WSJ

British oil major Shell suspended all shipments through the Red Sea indefinitely after US and U.K. strikes on...

Updated 16 Jan, 2024 09:47pm

Markets

Shell agrees to sell its Nigeria onshore oil business for $2.4bn

LONDON: Shell has agreed to sell its Nigerian onshore oil and gas subsidiary in Nigeria to Renaissance, a consortium...

Published 16 Jan, 2024 03:10pm

Business & Finance

Shell delivers KEBCO oil to Poland’s Gdansk for Germany’s Schwedt refinery

MOSCOW: Shell delivered seaborne cargo of Kazakh KEBCO crude for its share in Germany’s Schwedt refinery via...

Published 26 Dec, 2023 04:30am

Markets

Shell eyes $6bn in Nigeria offshore, gas investments

ABUJA: Oil giant Shell sees $6 billion in investment opportunities in Nigeria, especially in offshore, gas and...

Published 11 Dec, 2023 06:41am

Business & Finance

Shell Pakistan hosts 10th Tameer Awards

KARACHI: Shell Pakistan Limited hosted the finale of the 10th Tameer Awards 2023 at Shell House to recognize the...

Published 04 Nov, 2023 06:00am

Markets

Shell reports $6.2bn third-quarter profit, boosts buybacks

LONDON: Shell on Thursday reported third-quarter earnings of $6.2 billion, in line with expectations, on higher...

Published 02 Nov, 2023 01:14pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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