ISLAMABAD: On July 21, the Islamabad Policy Institute issued a report titled “The petrol crisis of June 2020.” This report shows a lack of understanding, is based on misinformation and has numerous factual errors. There was a supply glut building up in the international oil markets since the beginning of the year. On February 25, 2020 the Arab Gulf Platts…
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ISLAMABAD: Adviser to the Prime Minister on Finance Dr Abdul Hafeez Sheikh and Chinese Ambassador Yao Jing discussed matters related to Financial Action Task Force (FATF) and the latter said that October review will go well for Pakistan. The Chinese ambassador made a farewell call on the advisor here at the finance division on Thursday. Shaikh said that China-Pakistan relations will…
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KARACHI: Startups in Pakistan are striving to lessen darkness due to insufficient electricity transmission, while making money out of the opportunity. Pakistan is one of those countries which still faces prolonged power outages and one of the main reasons is line losses at a time when the country has surplus production capacity. Inefficient distribution, coupled with lower recovery of consumer…
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As of today, Google has eliminated its entire “carbon legacy.” By that, the company means it has purchased high-quality carbon offsets to match all of the emissions ever produced by its data centers and campuses. That includes the emissions generated before Google became carbon neutral in 2007. The company says it’s the first in the world to eliminate its carbon…
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Apple has announced a target of becoming carbon neutral across its entire business and manufacturing supply chain by 2030.The company says the commitment means its devices will have had “zero climate impact” at point of sale.It told BBC News any company hoping to become a supplier would have to commit to “be 100% renewable for their Apple production” within 10…
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nippy November morning saw me driving along a mountain road in Tripuradevi village in India’s Pithoragarh district, Uttarakhand, with the warm sun peeping through the tall pines. I was there to buy hand-woven organically dyed silks and cottons created by Avani, a community organisation employing local craftsmen and providing them with a steady source of income, alongside that from the…
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Petrobras is resuming oil trade with the world’s top commodity trading houses Vitol, Trafigura, and Glencore, after nearly two years of suspension amid a bribery investigation into the oil trading giants, Brazil’s state-held oil firm told Reuters late on Monday. In December 2018, Brazilian authorities opened an investigation into Vitol, Trafigura, and Glencore over alleged bribery in which traders had allegedly paid…
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urkey set new all-time high records on Sept. 3 for daily electricity production and hourly electricity consumption, the nation’s energy and natural resources minister announced Tuesday. “Turkey’s energy production continues to rise, breaking records. Despite the (COVID-19) outbreak, we have a new record on daily energy production,” Fatih Dönmez reported over his Twitter account. According to the data shared by…
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Karachi: National Forum for Environment and Health (NFEH) is holding 17th Annual Environment Excellence Awards (AEEA 2020) & Conference on “Biodiversity and Post Pandemic Challenges” on September 18 at local hotel Karachi. This was announced by President Naeem Qureshi in the meeting of NFEH Advisory Committee held at NFEH Office. Naeem Qureshi said conference and colorful award ceremony will be…
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ISLAMABAD: The government has appointed a new head of two research and administration support projects of the China-Pakistan Economic Corridor (CPEC) ahead of a meeting of the highest decision-making body of the bilateral strategic initiative. The Pakistan Tehreek-e-Insaf (PTI) government has given the charge of Centre of Excellence project of CPEC and CPEC Support Project to Qazi Zaheer Ahmad, a…
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