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global Welcome to Energy Update

Energy Update, a magazine launched in May 2006 to cater to the burgeoning energy sector of Pakistan. This is the only trade magazine on Energy in our country, and our aim is to become a 'voice of the energy industry.

When Energy Update started out on its journey to become a publication dedicated to the energy sector in Pakistan, it set before itself the high aim of becoming the voice of the energy industry.The magazine focusing on the developments in the global energy sector, with particular interest to Pakistan, and will also be covering developments in the alternate energy, especially CNG/ NGV, of which Pakistan is the largest consumer in the world.

 
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Adnan Z. Amin Given Honorary Title of Director-General Emeritus
Abu Dhabi, U.A.E., 13 January 2019 – Today, the International Renewable Energy Agency (IRENA) Assembly selected Francesco La Camera to be the next Director-General of IRENA. The appointment took place during the 9th Assembly of IRENA, the ultimate decision-making body of the agency. Mr. La Camera will take office on 4 April 2019, succeeding Adnan Z. Amin, who has been IRENA Director-General since 2011.
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Francesco La Camera appointed as new IRENA Director-General
Abu Dhabi, U.A.E., 13 January 2019 – Today, the International Renewable Energy Agency (IRENA) Assembly selected Francesco La Camera to be the next Director-General of IRENA. The appointment took place during the 9th Assembly of IRENA, the ultimate decision-making body of the agency. Mr. La Camera will take office on 4 April 2019, succeeding Adnan Z. Amin, who has been IRENA Director-General since 2011.
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KE Fined For Not Submitting Financial Statements
The SECP said that KEL failed to file financial statements for the quarters ended December 31, 2016 and March 31, 2017.
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Tajikistan Offers Cheap Electricity to Pakistan
RAWALPINDI: Tajik Ambassador Sherali S. Jononov on Friday offered electricity to Pakistan and also expressed desire to increase the trade volume between the two countries.
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Gas Crisis: It’s The Wastage, Stupid
The energy crisis is erroneously seen by many as a supply crisis. In fact, it is a wastage problem. An energy flow diagram I compiled in 2014 showed Pakistan was wasting 83 per cent of the primary energy (crude oil, natural gas, etc) by the time it converted to useful services like light, cooling, cooking, transport, etc.
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Govt to Announce Power Policy This Month
ISLAMABAD: Hoping to overcome prevailing gas shortage, the government on Tuesday decided to announce a new power policy along with a 25-year composite energy strategy this month.
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CMT's 4th Biomass Trade and Power Europe Summit Probes Record Price Rise, High Demand, Supply Crunches
Major European utilities and global pellet suppliers return to Copenhagen on 12-13 February 2019 for CMT's 4th Biomass Trade and Power Europe Summit to assess biomass price trends, capacity increases, and supply projections to satisfy the rising biomass demand in Europe.
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Army Chief Visits Mari Petroleum Head Office
General Qamar Javed Bajwa, Chief of Army Staff (COAS) visited head office Mari Petroleum Company Limited (MPCL) on Thursday. COAS was briefed on the company’s management and performance in related fields. Mari Petroleum is the second largest gas
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Pakistan LNG Tenders For Five Cargoes
SINGAPORE: Pakistan LNG is seeking five liquefied natural gas (LNG) cargoes for delivery over March to April, a tender document showed on Thursday.
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Divert Dam Fund Collections To Solve Balochistan’s Water Crisis, Demands Senate Body
ISLAMABAD: A Senate Panel on Thursday demanded Rs9 billion collected for construction of multi-billion dollar Diamer-Bhasha and Mohmand dams to be diverted for development of a series of small dams in Balochistan to support agriculture and livestock sectors and create job opportunities.
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OPEC Oil Output Posts Biggest Drop Since 2017
ISLAMABAD: A Senate Panel on Thursday demanded Rs9 billion collected for construction of multi-billion dollar Diamer-Bhasha and Mohmand dams to be diverted for development of a series of small dams in Balochistan to support agriculture and livestock sectors and create job opportunities.
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PPP Petitions NAB Against Award of Mohmand Dam contract to Descon-Led Consortium
The Pakistan Peoples Party (PPP) on Friday petitioned the National Accountability Bureau (NAB) against the award of a contract for the construction of the Mohmand Dam to a consortium led by a company in which a sitting cabinet member and his family have ownership stakes.
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Mohmand Dam’s Groundbreaking on January 13
The ground breaking ceremony of the much-awaited 800 MW Mohmand dam hydropower project suffers a delay and will now take place on January 13. “The ground breaking ceremony of Mohmand dam was earlier scheduled for the first week of January but it will now take place in the second week,” said the Minister for Water Resources Faisal Vawda while addressing a press conference on Wednesday.
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Gas Supply in Lahore Succumbs to Cold Pressure
LAHORE: With a sudden dip in temperatures, natural gas brownouts returned to the several localities of Lahore on Tuesday, especially in the tail-end areas.
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Oil Sales Plunge 32pc
KARACHI: Pakistan’s overall oil sales plunged by 32 per cent to 9.179 million tonnes in 1HFY19, led by a 67pc decline in furnace oil sales to 1.454m tonnes.
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Bidding Process for Mohmand Dam Project Sparks Controversy
ISLAMABAD: Prime Minister Imran Khan on Tuesday met Federal Minister for Water Resources Faisal Vawda and chairman of the Water and Power Development Authority (Wapda) retired Lt Gen Muzamil Hussain and discussed with them the Rs300 billion Mohmand dam
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IP Gas Project In Limbo: Pakistan Wants Iran to Interpret Sanctions
LAHORE: Pakistan has urged Iran to explain in-writing its interpretation of sanctions that resulted in a massive delay in completion of the mega Iran-Pakistan gas pipeline project.
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Circular Debt Has Risen to Rs1.4tr, PAC Told
ISLAMABAD: Circular debt, which stood at Rs1.14 trillion during the term of the previous government, has now increased to Rs1.4 trillion. The energy sector’s circular debthas reached Rs1,362 billion mark, of which Rs755bn is of the Power Holding Company Limited
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Mohmand Dam ! A Long Awaited Project
WAPDA has been able to successfully realign this important project after a delay of decades. Removing the legal, financial and technical snags, the project is all set to kick start as early as second week of January. Following the transparent best practices in line with PPRA rules and PEC provisions, procurement process was initiated
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Electricity Evacuation Issues In Patrind Hydropower Project
ISLAMABAD: The run-of-river Patrind hydropower project, which has now completed its first year of commissioning, is facing issues to evacuate electricity to the national grid, as the National Transmission
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660MW CPHGC Power Plant Connected To National Grid
KARACHI: The China Power Hub Generation Company (CPHGC) has successfully synchronised one of its two 660MW coal-fired power plants with the national grid, the company announced on Monday.
 
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