US natgas rises on oil price gain, forecasts for higher demand NEW YORK: US natural gas futures rose about 4% on Monday from a one-year low in the prior session with a jump in oil... Published 10 Jan, 2023 06:00am
Markets Indonesia approves $3bn development plan for South China Sea gas block JAKARTA: Indonesia has approved the first plan of development for the Tuna offshore gas field with total estimated... Published 09 Jan, 2023 07:34am
Pakistan PES advises citizens to use gas appliances carefully RAWALPINDI: Punjab Emergency Service (PES) Rescue-1122 Rawalpindi here on Sunday appealed to the citizens to use gas... Published 09 Jan, 2023 06:01am
Pakistan Ninth review: IMF delegation to visit Pakistan in 2-3 days, says PM Shehbaz Says authorities also trying to mend ties with friendly countries that were angered by previous govt Updated 06 Jan, 2023 07:32pm
Markets China ready to resume oil and gas talks with the Philippines, says Xi BEIJING/MANILA: China is ready to resume oil and gas talks and manage maritime issues “cordially” with the... Published 05 Jan, 2023 05:58am
Business & Finance SSGC, FFBL ink GSA for supply of 68MMCFD gas KARACHI: The Managing Directors of Sui Southern Gas Company Limited (SSGC) and Fauji Fertilizer Bin Qasim Limited... Published 05 Jan, 2023 05:58am
World China ready to resume oil and gas talks with the Philippines, says Xi BEIJING: China is ready to resume oil and gas talks and manage maritime issues “cordially” with the Philippines,... Published 04 Jan, 2023 05:26pm
Markets Oil explorer Inpex to merge Tokyo trading unit into Singapore desk TOKYO: Japanese oil and gas explorer Inpex Corp plans to absorb its separate Tokyo trading business into the company... Published 03 Jan, 2023 03:25am
Markets Finland gets floating gas terminal to replace Russian supply HELSINKI: An offshore natural gas terminal has arrived in Finland as part of the country’s efforts to replace... Published 02 Jan, 2023 06:58am
Markets Coal, gas lead 2022 commodities rally; recession clouds New Year SINGAPORE: Coal and natural gas markets were poised on Friday to end 2022 with strong gains after a global energy... Published 01 Jan, 2023 03:14am
Pakistan CNG stations in Peshawar, Mardan closed for one month CNG stations situated in both divisions to remain closed to ensure a sufficient supply of gas to domestic consumers Updated 01 Jan, 2023 10:11am
Markets US natgas futures slide NEW YORK: US natural gas futures dropped more than 9% to a two-month low on Wednesday on forecasts for warmer ... Published 30 Dec, 2022 05:50am
Print Energy conservation: Presidency shows wedded to sanctity of govt initiative Says an awareness campaign across the country to conserve electricity, gas, and water should be launched Updated 30 Dec, 2022 10:54am
Opinion Energy sector reforms — I My previous op-ed, summed up Pakistan’s gas supply position vis-à-vis the current demand, prevailing geo-political... Published 29 Dec, 2022 05:59am
Opinion Heat will stay on in Europe this winter, but after? Europe is likely to scrape through this winter without cutting off gas customers despite reduced Russian supplies,... Published 29 Dec, 2022 05:59am
Markets US, Canada natgas output may face growing pains in 2023 NEW YORK/ CALGARY: US and Canadian natural gas production is expected to hit new records in 2023, but growth may be... Published 28 Dec, 2022 04:12am
Markets No significant addition to gas reserves despite 15 discoveries ISLAMABAD: Despite 15 oil and gas discoveries during the current calendar year, the country did not witness any... Published 28 Dec, 2022 04:12am
Print Russia says can send natural gas ‘in long term’ MOSCOW: Russian Deputy Prime Minister Alexander Novak told state TASS news agency that in the long-term, Russia can... Updated 27 Dec, 2022 09:38am
Print Cut in UfG targets in Interior Sindh, B’stan: SSGC yet to share action plan with AGP ISLAMABAD: The Sui Southern Gas Company (SSGC) has yet to share the action plan with the Auditor General of Pakistan... Updated 27 Dec, 2022 09:43am
Print Local gas, RLNG: Ogra underscores need for revising tariffs ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has proposed to the government to rationalise tariffs of... Updated 24 Dec, 2022 02:36pm
Print Reduction in circular debt of gas sector by 70pc: PM directs Petroleum, Finance Divisions to prepare master plan ISLAMABAD: Prime Minister Shehbaz Sharif has directed Petroleum and Finance Divisions to prepare a master plan to... Updated 23 Dec, 2022 08:41am
Business & Finance Gas sector 10-member body formed on circular debt settlement ISLAMABAD: The Finance Division constituted a 10-member committee on circular debt settlement of the gas sector on... Updated 22 Dec, 2022 09:39am
Print Putin inaugurates key Siberian gas field for China exports MOSCOW: President Vladimir Putin on Wednesday inaugurated the Kovykta natural gas field in eastern Siberia that will... Published 22 Dec, 2022 05:57am
Business & Finance Production at Zarghun gas field resumes KARACHI: Mari Petroleum Company Limited has announced that the gas production from Zarghun South Gas Field,... Published 22 Dec, 2022 05:57am
World EU reaches gas price cap agreement at 180 euros/MWh BRUSSELS: EU energy ministers on Monday overcame months of wrangling to agree a price cap for natural gas in the ... Published 20 Dec, 2022 05:58am
Markets US natgas futures down on milder weather forecasts NEW YORK: US natural gas futures dropped by 8% on Monday on forecasts for less cold weather than previously expected... Published 20 Dec, 2022 05:58am
Print OGDCL discovers oil, gas at Sanghar KARACHI: The Oil and Gas Development Company Limited (OGDCL) as Operator (100 percent), has discovered Oil and Gas... Published 20 Dec, 2022 05:58am
Markets Gas cos in process of laying 10,707-km pipelines ISLAMABAD: The two state-owned companies, SNGPL and SSGC, are in process of laying almost 10,707-kilometer pipelines... Published 19 Dec, 2022 06:00am
Pakistan Musadik Malik reiterates Russia will provide Pakistan crude at ‘discounted rates' State minister says govt working with Azerbaijan on a gas purchase framework agreement as well Updated 16 Dec, 2022 07:24pm
Print Europe can do without Russian gas: IEA PARIS: Europe faces a major shortfall of natural gas in 2023 if Russia completely cuts off deliveries but has... Published 13 Dec, 2022 05:58am