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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

Markets

SPCo, WAFI Energy execute SPA for acquisition of Shell Pakistan Limited

Completion of transaction subject to issuance of public offer by WAFI Energy, receipt of requisite approvals, and satisfaction of other closing formalities

Updated 01 Nov, 2023 04:37pm

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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