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Sinopec

Sinopec, Aramco start building petrochemical complex in China’s Fujian

SINGAPORE: Sinopec Corp said on Monday that the company and Saudi Aramco have started constructing a refinery and...

Published 18 Nov, 2024 11:32am

Markets

Oil prices broadly flat after falling on dollar surge

LONDON: Oil prices were largely steady on Thursday, with traders holding fire after declines earlier this week on a...

Updated 14 Nov, 2024 07:47pm

Markets

Sinopec starts up ethylene complex in north China’s Tianjin

SINGAPORE: Sinopec said on Wednesday it has successfully started up a new ethylene complex in northern China, part...

Published 13 Nov, 2024 11:05am

Markets

Sinopec says it has secured 10% more gas for winter than a year earlier

SINGAPORE: China’s Sinopec Corp has secured natural gas supplies for the winter heating season at levels 9.7% higher...

Published 01 Nov, 2024 11:17am

Markets

Oil slips 1% on large build in US crude stocks; market watches Middle East

NEW YORK: Oil prices fell on Wednesday after data showed U.s. crude inventories rose by more than expected even as...

Updated 23 Oct, 2024 09:39pm

Markets

Sinopec says east China shale oil field pumping at 1,600 tons a day

SINGAPORE: Sinopec is advancing development of shale oil at its pilot project Jiyang in east China, pumping 1,600...

Published 16 Oct, 2024 12:19pm

Markets

Oil extends losses on weak China data and expected OPEC+ supply boost

Oil prices extended losses from the end of last week on expectations of higher OPEC+ production from October while...

Updated 02 Sep, 2024 06:24pm

Markets

China’s Sinopec posts 2.7% rise in first-half profit

BEIJING: China’s Sinopec posted a 2.7% rise in net profit for the first half of the year, it said on Sunday, as...

Updated 25 Aug, 2024 10:35pm

Markets

OPEC+ likely to stick to output policy at meeting, sources say

LONDON: OPEC+ key ministers meet on Thursday to decide output policy with sources expecting it is unlikely to make...

Published 01 Aug, 2024 01:06pm

Refinery project: Sinopec, Aramco not satisfied with PSO data

ISLAMABAD: M/s Sinopec, China’s Petroleum Refineries Company, and Saudi giant, M/s Aramco, are reportedly not...

Updated 27 Jul, 2024 09:02am

Markets

Sinopec unit agrees $1.1bn deal to build gas pipelines for Saudi Aramco

A Sinopec service unit said on Thursday it has signed a 7.956 billion yuan ($1.10 billion) deal to build natural gas...

Published 06 Jun, 2024 03:14pm

Markets

Oil eases as US crude, fuel stock builds bolster demand jitters

HOUSTON: Oil prices edged lower on Wednesday as a surprise build in U.S. crude stocks and larger-than-expected rise...

Updated 05 Jun, 2024 08:55pm

PRL, ED Investment may establish a joint group

ISLAMABAD: Pakistan Refinery Limited (PRL) and Saudi Arabia’s ED Investment Group are likely to establish a joint...

Updated 05 Jun, 2024 09:33am

Sinopec not interested in refinery project

ISLAMABAD: The government’s plan to set up an oil or petrochemical refinery with China’s cooperation is almost a...

Updated 04 Jun, 2024 11:26am

Markets

Sinopec Fuel Oil appoints new trade director in Singapore to boost bunker sales

SINGAPORE: Sinopec Fuel Oil Singapore, a unit of Asia’s largest refiner state-run Sinopec , appointed on Monday oil...

Published 03 Jun, 2024 12:11pm

Markets

Oil rises on Russian refinery attacks, signs of strong demand

LONDON: Oil rose on Wednesday, supported by potential supply disruption after Ukrainian attacks on Russian...

Updated 13 Mar, 2024 05:32pm

Markets

Oil falls 1% on Fed rate cut caution and stocks build

LONDON: Oil prices pulled back on Wednesday as the prospect of delays to U.S. interest rate cuts and a jump in U.S....

Updated 28 Feb, 2024 06:05pm

Refinery, petrochemical complex: PSO taps China’s Sinopec for partnership with Aramco

As per pre-feasibility study, project will have processing capacity of more than 300,000 bpd, will produce range of high-value petroleum products

Updated 20 Feb, 2024 11:59am

Business & Finance

Sri Lanka approves Sinopec’s $4.5bn refinery proposal

COLOMBO: Sri Lanka on Monday approved a proposal by China’s Sinopec to build a $4.5 billion refinery, its energy...

Published 28 Nov, 2023 04:56am

World

Sri Lanka approves Sinopec’s $4.5bn refinery proposal

COLOMBO: Sri Lanka on Monday approved a proposal by China’s Sinopec to build a $4.5 billion refinery, its energy...

Published 27 Nov, 2023 05:49pm

Business & Finance

Sri Lanka to OK Sinopec’s $4.5bn refinery proposal tomorrow

COLOMBO: Sri Lanka will likely approve on Monday a proposal from Chinese state refiner Sinopec to build a...

Published 26 Nov, 2023 03:31am

Refinery sector: SIFC for assessing Sinopec’s interest

ECC also directs Petroleum Division that other interested (credible) parties should be also identified and update be shared with the Apex Council (AC) in its forthcoming meeting

Updated 06 Nov, 2023 12:04pm

Markets

Qatar signs second 27-year gas supply deal with China's Sinopec

DOHA: Qatar has agreed to supply Sinopec with natural gas for 27 years, the Gulf emirate’s state-owned energy...

Updated 04 Nov, 2023 10:44pm

$10bn refinery: PSO interacting with Bank of China/Sinopec

ISLAMABAD: Pakistan State Oil (PSO) is reportedly interacting with Bank of China/Sinopec for establishment of either...

Updated 10 Oct, 2023 09:52am

Markets

China LNG buyers expand trading after adding more US, Qatari contracts

SINGAPORE/LONDON: China’s liquefied natural (LNG) gas importers are starting up or expanding trading desks in London...

Published 21 Aug, 2023 10:15am

Business & Finance

Sri Lanka says China’s Sinopec to start operations Sept. 20

COLOMBO: Chinese oil major Sinopec expects to start operations in Sri Lanka on Sept. 20 and will be allowed to sell...

Published 15 Aug, 2023 05:12pm

Markets

Sinopec’s first green hydrogen plant starts production

BEIJING: China’s Sinopec has begun producing green hydrogen at a plant in the western region of Xinjiang, the...

Published 03 Jul, 2023 06:04am

Markets

China’s May refinery runs rise 15.4% yoy to second highest total on record

BEIJING: China’s oil refinery throughput in May rose 15.4% from a year earlier, data showed on Thursday, as refiners...

Published 15 Jun, 2023 10:15am

World

China’s Sinopec to take stake in Qatar’s North Field East

DOHA: China’s Sinopec will take a stake in the eastern expansion of Qatar’s North Field liquefied natural gas...

Published 13 Apr, 2023 06:37am

Markets

Saudi maintains crude supply to Asian refiners despite OPEC+ cuts

SINGAPORE: State oil giant Saudi Aramco will supply full crude contract volumes loading in May to several North...

Published 10 Apr, 2023 10:20am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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