For more than 100,000 years humans derived all their energy from what they hunted, gathered and grazed on or grew for themselves. Their own energy for moving things came from what they ate. Energy for light and heat came from burning the rest. In recent millennia they added energy from the flow of water and, later, air to the repertoire. But,…
Read MoreMonth: May 2020
Renewable Power Heads for Its First Decline in Two Decades
Construction of new wind and solar farms is being delayed by factory closures, workers’ needs for social distancing and developers’ financial concerns as they emerge from the coronavirus crisis, according to research from the International Energy Agency. The world is set to add 167 gigawatts of renewable power capacity this year, 13% less than in 2019. It’s a reality check for…
Read MoreCircular debt: Govt carves out plan to reduce capacity charges
ISLAMABAD: The PTI government has carved out a unique master plan under which synthetic financing would be arranged to slice down capacity charges causing huge surge in circular debt. The circular… SLAMABAD: The PTI government has carved out a unique master plan under which synthetic financing would be arranged to slice down capacity charges causing huge surge in circular debt.…
Read MorePlane Crashes in Pakistan With at Least 91 Aboard
ISLAMABAD, Pakistan — A Pakistan International Airlines plane with at least 91 people aboard crashed on Friday in a residential area near the airport in Karachi, Pakistan’s largest city, officials said. The plane, Flight 8303, an Airbus A320, was en route from the eastern city of Lahore to Karachi and crashed at 2:37 p.m., officials said. No information about casualties…
Read MorePTI govt to use Covid-19 fund for interest payment
ISLAMABAD: The federal government on Wednesday allowed diverting Rs10 billion from the coronavirus relief funds to pay interest on loans taken to retire circular debt and approved terms of negotiations for debt restructuring to reduce electricity tariffs. Contrary to prime minister’s desire to reduce power tariffs by renegotiating terms of the deals, official documents suggest that there will be no…
Read MoreWapda chief eyes dam diversions’ completion in three years
ISLAMABAD: Amid the launch of the construction of Diamer-Bhasha dam, the government on Wednesday said the decision to build it as a ‘roller compact concrete (RCC)’ structure was based on 20-year intensive scrutiny of technical and geological reports and feasibility studies by an international panel of experts. Speaking at a news conference, Wapda chairman retired Lt Gen Muzammil Hussain said…
Read More5 Wind Energy Giants Embracing Solar Power
Onshore wind is now the leading renewable energy technology in the U.S., and it’s still knocking competitors out of the way. Last year wind overtook hydropower in total generation, and 2020 is on track to be a record year for new wind farm construction. But all other energy sources are losing ground to solar these days, wind included. Solar accounted…
Read MoreOGDCL injects nine new wells in production gathering system
May 20, 2020: The Oil and Gas Development Company Limited (OGDCL) has injected nine new wells, producing 137,230 Barrels crude oil and 5,562 Million Cubic Feet (MMCF) gas, in its production gathering system during three quarters of the current fiscal year. “As many as nine operated wells have been injected in the production gathering system viz., Qadirpur-14&61, Pasakhi Deep-4&5, Nashpa-9, Chanda-5,…
Read MoreSaudia Airline issues flight schedule for Pakistan
The Civil Aviation Authority on Friday gave permission to Saudia Airline to lands its three flights in Pakistan. The CAA issued a notification in this regard. The special flights of Saudia Airline carrying Pakistanis stranded in Saudi Arabia would be landed in Pakistan. According to the plan, the first flight of the Saudia Airline will take 250 Pakistanis from Riyadh…
Read MoreOIL & GAS DEVELOPMENT COMPANY LIMITED
OGDCL STARTED MANY SCHEMES FOR WELFARE OF PEOPLE OF CHAKWAL WHICHWILL BOOST THEIR LIVES:DC CHAKWAL ALSO DEMANDS ADDITIONAL FUNDS FOR RENOVATION THEIR OFFICEFROM OGDCL.OGDCL after paying 9billion and 7crore rupees to provincial and district government of Chakwal in respectof royalty has started many schemes of worth 100 million on its own to boost and improve the lives ofpeople residing in…
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