World’s 11th-Largest Economy Hearts Renewable Energy One key state is New York State, which by some measures would be the world’s 11th-largest economy if it was an independent country. On Friday, April 3, New York announced the passage of enabling legislation for its new clean power plans. If that date rings a bell, April 3 is the same day that seven…
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The gas giant Gazprom is no longer in the spotlight after the US Treasury sanctioned Rosneft, the Russian national oil company, most probably triggering the collapse of the OPEC+ agreement and bringing about an unexpectedly low pricing environment for March 2020 within both the oil and gas segments. Having launched Power of Siberia to China, Gazprom is now intent on…
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In September 2018, 29-year old college drop out and serial entrepreneur Brandon Timinsky was invited to come visit Pakistan by an old college buddy. At the time, Timinsky was looking for an Asian market to plant himself and his latest idea in. Today, the born and raised Florida man is still in Pakistan, hoping his Fintech project ‘SadaPay’ will change…
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KARACHI: The National Institute of Cardiovascular Diseases (NICVD) has suggested setting up diagnostic laboratories in containers similar to the ones currently being used by the institute to contain the spread of coronavirus in Sindh. The advice by NICVD Executive Director Professor Nadeem Qamar was given to the provincial government as the number of COVID-19 cases jumped to 932 in the province on Monday.…
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Brazil’s energy minister said on Monday that it would attend the G20 meeting of oil ministers that Saudi Arabia is trying to rally together to cut oil production, Reuters reported on Monday. Saudi Arabia extended the invitation to Brazil on Sunday. The market is skeptical of any production cut deal that doesn’t involve the United States, but Brazil is the…
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LONDON: The world is almost certainly ensnared in a devastating recession delivered by the coronavirus pandemic. Now, fears are growing that the downturn could be far more punishing and long lasting than initially feared — potentially enduring into next year, and even beyond — as governments intensify restrictions on business to halt the spread of the pandemic, and as fear…
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KARACHI: As the internet use in the country has increased during the Covid-19 lockdowns, the Pakistan Telecommunication Authority (PTA) has asked internet providers to offer affordable services to customers. In a letter to Fixed Line Operators (FLO) on Thursday —a copy of which is available with Dawn — the PTA said during the ongoing lockdown across the country, the overall requirement in…
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Hectares of forests cut down or burned. Globally, this year. Sources. In 2020. This month … That’s one football field of forest lost every single second around the clock. … The loss of tree cover has a number of negative effects on the planet. … The world population is growing by the minute and so is the global consumer class.
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ISLAMABAD: Pakistan’s second Liquefied Natural Gas (LNG) terminal is getting delayed and efforts are afoot to execute a fresh commercial operation date (COD) to sidestep liquidity damages to private investors. The government has been postponing shipments of LNG secured in January through competitive bidding from Gunver and ENI because of the infrastructure shortfalls. It has already delayed four LNG cargoes…
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ISLAMABAD: The Pakistan Gas Port Consortium Limited has told the members of the Cabinet Committee on Energy , which met here on Thursday, in plain words that if its LNG terminal is taken over by…ShareNext Story >>> ISLAMABAD: The Pakistan Gas Port Consortium Limited (PGPCL) has told the members of the Cabinet Committee on Energy (CCOE), which met here on…
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