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Upgradation of existing/Brownfield refineries: 6-month extension proposed in policy signing

ISLAMABAD: Petroleum Division has proposed six months’ extension in signing of Pakistan Oil Refining Policy for...

Updated 09 May, 2024 09:14am

‘Delay’ by SEL in achieving COD: NTDC claims $13m LDs

ISLAMABAD: National Transmission and Despatch Company (NTDC) has claimed Liquidated Damages (LDs) of over $13...

Updated 17 Apr, 2024 09:01am

IP gas line project: MoFA asks PD to move forward

ISLAMABAD: The Ministry of Foreign Affairs (MoFA) has proposed to the Petroleum Division to move forward on Iran...

Updated 06 Apr, 2024 03:30pm

PM takes charge of ECC, CCoE

ISLAMABAD: Prime Minister Shehbaz Sharif has decided to keep two important decision-making committees – the Economic...

Updated 23 Mar, 2024 02:56pm

Brownfield Refinery Policy: PM for arranging signing ceremony of refinery upgrade agreements

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Petroleum Division to arrange signing ceremony of refinery...

Updated 18 Mar, 2024 08:55am

Nepra, Ogra laws to be amended: Trying to insulate regulators from govt interference

Decision taken at the latest meeting of Cabinet Committee on Energy which has also been ratified by the caretaker Federal Cabinet

Updated 28 Feb, 2024 10:16am

Jhimpir wind project: SIFC asks Nepra, PPIB to resolve issues

ISLAMABAD: The Special Investment Facilitation Council (SIFC) Secretariat has reportedly pushed the National...

Updated 26 Feb, 2024 09:49am

Amended oil refinery policy notified

Refineries’ upgradation will bring in an investment of US $5-6 billion and not only result in cleaner environment-friendly fuels but also major savings of precious foreign exchange

Updated 25 Feb, 2024 10:44pm

IP gas pipeline project: CCoE decides to start work on first phase

ISLAMABAD: The Cabinet Committee on Energy (CCoE) headed by the caretaker minister for power and petroleum has...

Updated 24 Feb, 2024 08:52am

GIDC funds to be used towards IP gas pipeline

ISLAMABAD: The government is to utilise Rs 45 billion under Gas Infrastructure Development Cess (GIDC) on...

Updated 23 Feb, 2024 09:36am

CCoE approves amendments to refineries policy

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has approved amendments to Refineries Policy 2023 to resolve...

Updated 07 Feb, 2024 08:59am

Refineries policy: CCoE to approve amendments today

ISLAMABAD: The Cabinet Committee on Energy (CCoE) which is scheduled to meet on Tuesday (Feb 6) will approve...

Updated 06 Feb, 2024 09:51am

CTBCM, wheeling charges: Power Div asked to consult with industry, stakeholders

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has directed Power Division to discuss Competitive Trading...

Updated 04 Feb, 2024 07:45pm

Hike in 146 drug prices allowed

Caretaker federal cabinet approves signing of an MoU between the Competition Commission of Pakistan and the State Administration of Market Regulation China

Updated 02 Feb, 2024 11:45am

Engagement with IPPs: CCoE directs PD to initiate separate case

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has directed the Power Division to initiate separate case for...

Updated 02 Feb, 2024 08:57am

CCoE set to approve revised ‘Brownfield Refinery Policy’

ISLAMABAD: The Cabinet Committee on Energy (CCoE) is all set to approve the long-debated revised policy (Brownfield...

Updated 30 Jan, 2024 09:50am

Privatisation programme: MoF opposes delisting of all Discos

Suggests that only those companies be delisted which are selected for the concession model

Updated 29 Jan, 2024 09:49am

CCoE meets today to negotiate with baggasse power plants

ISLAMABAD: The Cabinet Committee on Energy (CCoE) headed by caretaker Minister for Power and Petroleum Muhammad Ali...

Updated 26 Jan, 2024 08:45am

Getting power from Cat–III wind projects: KE links setting up of infrastructure to Nepra’s nod

ISLAMABAD: K-Electric (KE) has reportedly linked establishment of infrastructure of power evacuation from...

Updated 25 Jan, 2024 09:11am

Muzaffarabad: CCoE may allow ministry to undertake water project

ISLAMABAD: The Cabinet Committee on Energy (CCoE) is likely to allow Ministry of Water and Resources to undertake...

Updated 19 Jan, 2024 09:59am

Business & Finance

FBR, refineries discuss tax-related issues

ISLAMABAD: The Federal Board of Revenue (FBR) and oil refineries held a meeting here in the Petroleum Division to...

Published 16 Jan, 2024 05:44am

Private sector’s participation: Privatisation ministry, Power Div lock horns over Discos’ operations

ISLAMABAD: Ministry of Privatisation and Power Division have reportedly locked horns on proposed plan of private...

Updated 15 Jan, 2024 09:16am

KE expresses its ‘limitation’ towards implementing integration plan

ISLAMABAD: K-Electric has expressed its limitation in implementing the approved integration plan as it is unable to...

Updated 13 Jan, 2024 05:02pm

Business & Finance

Wind, solar projects: PPIB seeks details of LoIs issued by Punjab, Sindh

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has sought details of Letters of Intent (LoIs) of wind...

Updated 10 Jan, 2024 09:00am

Solar IPPs: Hike in benchmark competitive tariff proposed

ISLAMABAD: Ministry of Planning, Development and Special Initiatives (M/o PD&SI) has proposed increase in...

Updated 02 Jan, 2024 08:46am

Special panel formed to resolve issue of wheeling charges

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has constituted a special panel headed by Caretaker Finance...

Updated 14 Dec, 2023 09:07am

Oil policy deadline: CCoE grants oil refineries 60-day extension

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has granted a 60-day extension to oil refineries to meet the...

Updated 13 Dec, 2023 09:53am

TAPI project gets special concessions

Caretaker government exempts TAPI Gas Pipeline project from the Open Access Regime, OGRA Gas (Third Party Access) Rules 2018 and the Pakistan Gas Network Code

Updated 27 Nov, 2023 09:53am

CCoE all set to consider CTBCM final test run report

ISLAMABAD: The Cabinet Committee on Energy (CCoE) is all set to consider Final Test Run Report of the long-awaited...

Updated 22 Nov, 2023 10:07am

Industrial consumers: Three options tailored for ‘winter package’

ISLAMABAD: Power Division has tailored three options for country-wide four months (November 2023 to February 29,...

Updated 26 Oct, 2023 08:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	154.33
USD to Swiss Franc / May 16	0.90
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 15	5308.15
Nasdaq / May 15	16742.39
Dow Jones / May 15	39908
India Sensex / May 16	72771.48
Tokyo Nikkei / May 16	38920.26
Hang Seng / May 16	19336.77
FTSE 100 / May 16	8411.75
Germany DAX 30 / May 16	18842.52

Item	Value
Petrol/Litre / May 16	273.10
Crude Oil USD/Barrel / May 16	78.95
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2388.50
Diesel/Litre / May 16	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 16 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 16 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 16 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 16 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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