Several oil tankers were attacked or approached with attempted attacks in the Gulf of Guinea off West Africa over the past few days, maritime security companies warn. Over the past six days, five such incidents took place in the area, in which four tankers were attacked by pirates, and one was approached while underway with the intent to attack, maritime…
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U.S. energy-related carbon dioxide emissions dropped by 3 percent last year, offsetting a 3-percent increase in 2018, as a record-high share of low-carbon sources were used in the electricity sector—the main contributor to emissions decline in 2019, the Energy Information Administration (EIA) said on Tuesday. Total energy-related carbon dioxide (CO2) emissions in 2019 were about 150 million metric tons (MMmt) lower than…
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ISLAMABAD, Nov 9 (APP):The Oil and Gas Development Company Limited (OGDCL) has produced around 36,221 36,221 BPD crude oil, 904 MMCFD gas and 714 TPD LPG gas during first quarter of the current fiscal year despite coronavirus pandemic and natural decline in existing hydrocarbon deposits. The company, during corresponding period of the last year, extracted 37560 Barrel Per Day (BPD)…
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The Oil and Gas Development Company Limited (OGDC) registered a sales’ revenue of Rs59.528 billion for the first quarter (July-Sept) of FY21 as compared to Rs66.204 billion in the corresponding year of last year. “Despite coronavirus pandemic and a natural decline in existing hydrocarbon deposits, OGDC managed to produce around 36,221 barrels per day (BPD) of crude oil, 904 million…
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The All Pakistan CNG Association (APCNGA) said on Monday that the government is promoting the use of compressed natural gas (CNG) to reduce urban pollution, cut oil import bill and increase employment opportunities. In a statement, APCNGA Central Chairman Ghiyas Abdullah Paracha said that the government has taken a number of commendable steps to facilitate CNG pump owners, including removal…
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As per the NEPRA notification, additional collection from consumers will be taken in the context of the November bill, however, the decision will not apply to K-Electric and lifeline consumers. According to a notification issued by NEPRA, the authority, after incorporating the aforementioned adjustments, has reviewed and assessed an increase of Rs.0.4828/kWh in the applicable tariff for XWDISCOs on account…
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Two of Pakistan’s state-owned enterprises (SOEs), Pakistan LNG Limited (PLL) and Pakistan State Oil (PSO), made excess payments of $39.5 million to LNG suppliers in the head of port charges, The News reported on Monday. Payments worth $25 million “The Pakistan LNG Limited is found to have paid additional payments of $25 million (Rs3.97 billion) to LNG suppliers of Gunvor and ENI…
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Pakistan’s airlines face the risk of getting banned from flying to 188 countries over the pilot licensing issue and failure to keep up with the international standards as needed by the International Civil Aviation Organisation (ICAO), a media report claimed on Sunday. The development came after its flag carrier Pakistan International Airlines (PIA) has already been banned from taking flights…
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As Europe moves into yet another wave of Covid-19 lockdowns, there is growing concern surrounding the future of offshore workers. However, a move to digitalize the industry by introducing a remote oil rig system could alleviate the stress around contagion and potentially save many jobs. Norway has been a key testing ground for remote operations since initial experiments took place…
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The Food and Drug Administration is warning consumers and health care providers about the growing number of hand sanitizers that contain methanol, which can be toxic when absorbed through the skin and deadly if swallowed. The regulatory agency has expanded to 59 its list of sanitizers to steer clear of — some of which have already been recalled and some the FDA…
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