Gas tariffs to be raised for consumers of SNGPL, SSGC ISLAMABAD: Gas tariffs will have to be raised by Rs 98 per mmbtu for SNGPL consumers and Rs 109.91 per mmbtu for ... Updated 11 Feb, 2023 05:15pm
Business & Finance Rs22.52bn cross-subsidy for LPG air mix supply declined ISLAMABAD: Federal government has declined a request of gas companies- Sui Northern Gas Pipeline Limited (SNGPL) and... Published 07 Feb, 2023 06:07am
Markets Iran signs $900m deal with local firm to develop Gulf gas field DUBAI: Iran signed a $900 million contract on Saturday with Iranian Offshore Engineering and Construction Co (IOEC)... Published 05 Feb, 2023 03:10am
Opinion Europe looks to geothermal energy as gas alternative The heating plant in Munich’s southern Sendling neighbourhood has been run for more than a century on gas, often... Published 04 Feb, 2023 06:08am
Print Panel asks PD to broker agreements between govt, gas producing provinces ISLAMABAD: A parliamentary panel, on Thursday, asked the Petroleum Division to provide gas sale and purchase... Updated 03 Feb, 2023 08:57am
World Norway not a war profiteer, PM says HAMMERFEST: Norway has grown richer by the minute as the conflict in Ukraine boosts its gas revenues, but the ... Published 02 Feb, 2023 06:12am
Markets US natgas drops on forecasts for milder weather NEW YORK: US natural gas futures dropped about 5% to a 21-month low on Monday on forecasts for warmer weather and... Published 01 Feb, 2023 07:10am
Markets US natgas futures down NEW YORK: US natural gas futures fell about 2% to a fresh 20-month low on Friday ahead of the expiration of the... Published 29 Jan, 2023 03:15am
Business & Finance TAL JV allowed to sell Mamikhel gas ISLAMABAD: The government has allowed TAL Joint Venture to sell gas from Mamikhel South discovery to third party... Updated 28 Jan, 2023 08:44am
Business & Finance SNGPL says has reduced UfG losses by 23,348mmcf ISLAMABAD: The Sui Northern Gas Pipeline Limited (SNGPL) has claimed to reduce the unaccountable for gas (UfG)... Updated 28 Jan, 2023 08:43am
Markets US natgas futures fall on forecasts for better weather NEW YORK: US natural gas futures dropped about 5% to a 19-month low on Wednesday on forecasts for less cold weather... Published 26 Jan, 2023 05:58am
Print Loss-cutting targets: PM Secretariat seeks report on gas utilities’ failure ISLAMABAD: Prime Minister Secretariat asked the Petroleum Division about the actions being taken by the two gas... Updated 26 Jan, 2023 09:15am
Markets US natgas ends steady as forecasts for lower demand offset output drop NEW YORK: US natural gas futures were little changed on Tuesday as bearish forecasts for less heating demand over ... Published 25 Jan, 2023 06:25am
Business & Finance Loss-making PSEs: business community leader advocates sell-off KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and... Published 25 Jan, 2023 06:25am
Print Import of LNG: ECC is all set to approve PLL-SOCAR pact ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is all set to approve the pact between Pakistan... Updated 25 Jan, 2023 08:53am
Business & Finance BASF shareholders say WD’s Russia exit sets up oil and gas IPO BERLIN/FRANKFURT: BASF investors said that oil and gas business Wintershall Dea’s exit from Russia, though ... Published 23 Jan, 2023 05:57am
Print Gas sector: Dar for early settlement of circular debt Officials say gas sector circular debt has reached Rs 1.6 trillion and would become comparable to power sector circular debt if reforms are not undertaken Updated 22 Jan, 2023 10:12am
Business & Finance MPCL completes SGPC phase-II facilities KARACHI: Mari Petroleum Company Limited (MPCL) has successfully completed the construction of SGPC Phase-II... Published 21 Jan, 2023 07:15am
Opinion Why are interest rates expected to rise? It’s that time again when speculation over the State Bank of Pakistan’s (SBP’s) monetary policy stance starts to... Updated 21 Jan, 2023 07:57am
Markets NGOs denounce banks financing new oil and gas projects PARIS: Despite joining industry groups committed to reaching carbon neutrality the world’s top banks are ... Published 18 Jan, 2023 06:47am
Print Govt mulling hiking gas tariffs ISLAMABAD: Petroleum State Minister Musadik Malik, Tuesday, indicated a possible increase in gas tariffs in the... Updated 18 Jan, 2023 08:46am
Pakistan Government has to increase gas prices: Minister of State for Petroleum Musadik Malik says gas being sold at unsustainable rates Updated 17 Jan, 2023 05:51pm
Business & Finance Gas supply from MPCL: FKPCL asked to obtain PPIB’s consent ISLAMABAD: Petroleum Division has asked M/s Fauji Kabirwala Power Company Limited (FKPCL) to get consent of PPIB for... Updated 17 Jan, 2023 09:03am
Markets FY 2022-23: Ogra determines up to 11.5pc increase in gas prices ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has determined up to 11.5 percent increase in the prescribed... Published 14 Jan, 2023 06:22am
Markets US natgas jumps on higher demand forecast NEW YORK: US natural gas futures rose about 6% on Thursday on forecasts for higher demand this week than previously... Published 13 Jan, 2023 06:05am
Markets FY 2022-23: Ogra allows SNGPL, SSGCL to raise gas prices by over 74pc ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Wednesday recommended permitting two gas companies, the ... Published 12 Jan, 2023 05:51am
Markets Ogra makes installation of conical baffles mandatory in geysers ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has made the installation of conical baffles mandatory in... Published 12 Jan, 2023 05:51am
Markets US natgas up from one-year low NEW YORK: US natural gas futures rose about 2% on Wednesday from a one-year low in the previous session on forecasts... Published 12 Jan, 2023 05:51am
Markets US natgas declines on rising output NEW YORK: US natural gas futures fell about 4% on Tuesday on rising output and forecasts for lower heating demand... Published 11 Jan, 2023 05:53am
Markets MPCL discovers gas in Sindh KARACHI: Mari Petroleum Company Limited (MPCL) has made a gas discovery at its exploratory well Mari Ghazij-1,... Published 10 Jan, 2023 06:31am