Trends - OGDCL - Business Recorder

OGDCL

Pakistani E&P consortium awarded oil block in Abu Dhabi

In a major development for Pakistan, a consortium of the country’s major E&P Companies has been awarded...

Published 31 Aug, 2021 06:06pm

Irteza Qureshi made DMD PARCO

ISLAMABAD: Appointment of Irteza Qureshi as new Deputy Managing Director (DMD) of the Pak Arab Refinery Limited...

Published 21 Aug, 2021 02:45am

AGP questions ED’s appointment by OGDCL BoD

ISLAMABAD: The Auditor General of Pakistan (AGP) has raised objections on “irregular” appointment of executive...

Published 18 Aug, 2021 02:56am

PD awards five new E&P blocks to OGDCL

ISLAMABAD: Petroleum Division on Monday awarded five new Exploration and Production (E&P) blocks to Oil and Gas...

Published 17 Aug, 2021 03:54am

OGDCL makes gas, condensate discovery at Kawagarh Formation

KARACHI: Oil and Gas Development Company Limited (OGDCL), being operator of Wali Exploration Licence with 100 ...

Published 30 Jul, 2021 03:01am

Business & Finance

OGDCL discovers gas and condensate reserves in KPK

The Oil and Gas Company Limited (OGDCL) has discovered gas and condensate reserves in Kohat Basin of Khyber...

Published 29 Jul, 2021 01:41pm

BR Research

E&P production flows: oil upbeat

Crude oil production in the country has been higher in FY21 versus FY20 due to lesser lockdowns and restrictions...

Published 12 Jul, 2021 08:10am

Markets

MOL Pakistan, partners construct check dam at Gurguri

PESHAWAR: Construction of a check dam sponsored by MOL Pakistan Oil and Gas Company and its Tal Block joint venture...

Published 02 Jul, 2021 04:20am

Business & Finance

Pakistan's E&P consortium to incorporate special purpose vehicle

Consortium shall incorporate a company in Abu Dhabi Global Market or Pakistan, says notice to PSX

Published 24 Jun, 2021 06:00pm

Pakistan

Penalty imposed on PD over secy's absence from PAC meeting

ISLAMABAD: A parliamentary panel imposed penalty on Petroleum Division for the secretary Petroleum Division's ...

Published 09 Jun, 2021 03:29am

Pakistan

Employees and family members: OGDCL F-8 Medical Centre declared Corona vaccination centre

ISLAMABAD: The District Management Islamabad has declared OGDCL F-8 Medical Centre as Vaccination Centre of COVID-19...

Published 30 May, 2021 03:51am

PPL, OGDCL: Divestment of shares deferred by CCoP

ISLAMABAD: A meeting of the Cabinet Committee on Privatization (CCoP) has deferred divestment of government shares ...

Published 22 May, 2021 04:05am

Divestment of PPL, OGDCL shares opposed by PD

ISLAMABAD: Petroleum Division has opposed divestment of Pakistan Petroleum Limited (PPL) and Oil and Gas Development...

Published 19 May, 2021 06:00am

Pakistan

OGDCL discovers new gas reservoir in Balochistan

The structure of Jandran X-04 was delineated, drilled and tested using OGDCL’s in house expertise.

Published 18 May, 2021 11:11pm

OGDCL discovers gas from Jandran X-04 well

KARACHI: Oil and Gas Development Company Limited (OGDCL) as operator (100 percent) of Jandran Exploration Licence ...

Published 18 May, 2021 05:05am

Business & Finance

ODGCL discovers gas reserves in Balochistan

OGDCL said that the discovery of Jandran X-04 is the result of aggressive exploration strategy adopted by the company.

Published 17 May, 2021 11:46am

BR Research

E&P companies take a hit

The oil and gas exploration and production sector has not been vibrant due to weaker oil and gas production amid...

Published 28 Apr, 2021 07:35am

Business & Finance

OGDCL earns Rs66.35bn profit after tax for 9 months

KARACHI: The Board of Directors of Oil and Gas Development Company Limited (OGDCL) in its meeting held on April 26,...

Updated 28 Apr, 2021 10:04am

Pakistan

OGDCL posts Rs66.35bn profit in 3rd quarter of 2020-21

The company’s Board of Directors determined a final cash dividend of Rs. 15.43 per share, besides announcing another interim profit of Rs. 1.80.

Published 27 Apr, 2021 10:40pm

Signing ceremony of petroleum licences: Major step taken to help attract investment

ISLAMABAD: Federal Minister for Energy Muhammad Hammad Azhar graced the signing ceremony of Petroleum...

Published 24 Apr, 2021 03:21am

OGDCL attracts criticism from parliamentary panel

ISLAMABAD: A parliamentary panel, on Tuesday, criticised the state-owned Oil and Gas Development Company Limited...

Published 14 Apr, 2021 03:21am

Zafar Masud named OGDCL BoD’s chairman

ISLAMABAD: The Board of Directors of Oil and Gas Development Company Limited in term of Section 192 of the...

Published 01 Apr, 2021 04:10am

Pakistan

OGDCL produces 36,423 BBL oil, 856 MMCFD gas in six months

During the period under review, the OGDCL's oil and gas production was impacted primarily by natural decline at Kunnar, KPD-TAY, Dakhni and Nashpa fields.

Published 15 Mar, 2021 08:33pm

BR Research

A slower quarter for E&Ps

The E&P sector’s production of crude oil and natural gas has been declining in recent years due to depleting...

Published 02 Mar, 2021 07:40am

Pakistan

OGDCL spending Rs10.22mn in Lakki Marwat under CSR initiative

The OGDCL said appointments were made in accordance with criteria approved by its Board of Directors, and currently as many as 67 contractual and regular employees were working with it, who had the District Lakki Marwat domiciles.

Published 28 Feb, 2021 06:31pm

Pakistan

Three capital market transactions: PC will offer shares to public by April

ISLAMABAD –The Privatisation Commission (PC) will offer shares to the public in three capital market transactions...

Updated 24 Feb, 2021 09:43am

BR Research

MARI – Buoyed for FY21

Lower production in 2QFY21 both year-on-year as well as sequentially as well as currency appreciation have been ...

Published 23 Feb, 2021 07:40am

Pakistan

OGDCL injects 14 new wells in production gathering system during 2nd quarter

The company has also secured 11 new Exploration and Production (E&P) blocks during a recent bidding-round held for award of 20 blocks by the Petroleum Division.

Published 15 Feb, 2021 06:44pm

Opinion

Energy sector

There were times when our energy sector was rated in the region as one of the best performing and forward looking...

Published 13 Feb, 2021 04:11am

MPCL matter likely to land in Cabinet meeting today

ISLAMABAD: The removal of 45 percent dividend distribution cap on Mari Petroleum Company Limited (MPCL) under Gas...

Published 09 Feb, 2021 04:43am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 20	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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