Good news is in short supply during any crisis, and this one has been no exception. The energy industry is being pummeled to the ground by low oil and gas prices, crippled demand for hydrocarbons, and unfriendly banks. But there is one part of this space generating good news: renewables. And, more specifically, wind power. Often in the shadow of cheap…
Read MoreDay: July 13, 2020
Trump wears mask in public for first time during pandemic
United States President Donald Trump wore a mask during a visit to a military hospital on Saturday, the first time the president has been seen in public with the type of facial covering recommended by health officials as a precaution against spreading or becoming infected by the novel coronavirus. Trump flew by helicopter to Walter Reed National Military Medical Center…
Read MoreAmitabh, Abhishek Bachchan hospitalised after testing positive for Covid-19
Bollywood superstar Amitabh Bachchan, his son and two other family members have tested positive for the coronavirus in Mumbai, India’s financial and entertainment capital, a government minister said Sunday. The Nanavati Super Speciality Hospital said that Amitabh Bachchan was in stable condition with mild symptoms in an isolation unit. Bachchan, 77, said in a tweet Saturday that he had tested…
Read MoreFlorida sets one-day record with over 15,000 new Covid-19 cases, bigger increase than most countries
Florida reported a record increase of more than 15,000 new cases of Covid-19 in 24 hours on Sunday, a day after Walt Disney World in Orlando reopened and anti-mask activists held a rally at a nearby restaurant. If Florida were a country, it would rank fourth in the world for the most new cases in a day behind the United…
Read MoreChina economy rebounds in Q2 after virus hit
China returned to growth in the second quarter after the coronavirus pandemic handed the world’s second largest economy its first contraction in decades, according to an AFP poll of analysts. The survey of analysts from 11 institutions pegged China’s growth at 1.3 percent — a far cry from the 6.1 per cent expansion posted last year but in better shape than other…
Read MoreML-1 project to employ 90% local workforce: Railways Minister
Pakistan Railways Minister, Sheikh Rashid said that Main Line-1 Project under CPEC to revamp entire structure of Pakistan Railways. Speaking at a press conference, Railways minister termed the project as ‘revolutionary’ and was of the view that project will significantly reduce railway accidents. He said that under the agreed terms, during construction phase total 150,000 people would work on project…
Read MorePower ministry rejects KE’s statement on fuel shortage
ISLAMABAD: The Ministry of Energy (Power Division) on Sunday categorically rejected K-Electric’s version of not being supplied ample fuel to meet the energy demands of Karachi. Earlier this week, KE CEO Moonis Alvi during a public hearing held by the National Electric Power Regulatory Authority (NEPRA) had said the company’s plants ran out of oil due to which it had…
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