According to a notification submitted to the Pakistan Stock Exchange (PSX), the said discovery is unique as it is the first of its kind made in the Kawagarh Formation in Pakistan. It will open new avenues for exploration and will boost exploration activities in the country. The Wali well was drilled and tested using the OGDCL’s in-house expertise to a…
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Lahore (UrduPoint / Pakistan Point News – 28th July, 2021) With the aim to lead green powered digitized power in the country the ‘Huawei FusionSolar Club Pakistan’ was held at the Pearl Continental Hotel to aid the energy sector in the struggle against climate change and to develop sustainable development. Mr. Tauseef H. Farooqi, Chairman National Electric Power Regulatory Authority,…
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LNG exports averaged 9.6 Bcf/d in the first six months of the year, according to the U.S. Energy Information Administration. That is a stark contrast to last year when demand cratered amid the Covid-19 pandemic, leading some global customers to cancel U.S. cargoes. According to EIA, first half 2021 exports climbed 42%, or 2.8 Bcf/d, compared with last year. That…
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Japan recently announced a new energy target for 2030, a move that sent shockwaves through the global market for liquefied natural gas (LNG). The plan to cut LNG consumption nearly in half could spoil the plans of LNG exporters worldwide, from Qatar to the United States. Japan’s LNG cut The new draft 2030 plan aims to dramatically scale back on…
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Western electric vehicle (EV) makers are trying to reduce their dependence on rare earth metals from China. As tensions rise between that nation and others, including the United States, makers worry that supplies might become limited. Electric vehicles use special magnets to power their engines. Most are made from rare earth metals. The metals are not really rare. But they…
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Norway, the country with the highest electric vehicle (EVs) share of new car sales anywhere in the world, is not giving up on one of its core industries. The oil and gas sector is a major employer and the key contributor to the so-called oil fund, the world’s largest sovereign wealth fund with US$1.3 trillion in assets and holdings of…
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Zi Solar Pvt. Ltd., a leading renewable energy solution provider in Pakistan, has entered into an exclusive partnership with Aeonus Co. Ltd., a Korean global leader in renewable energy. This partnership will pave the way for the deployment of state-of-the-art Korean-manufactured Electric Vehicles (EV) charging and storage equipment in Pakistan. The two companies will also collaborate in research and development…
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In view of the directives of National Command and Operation Centre (NCOC), Sui Northern Gas organised Corona vaccination camps for general public in Islamabad, Peshawar and Dera Ismail Khan. The camps were organised in collaboration with DHO Islamabad, Khyber Medical University Peshawar and DHQ Hospital Dera Ismail Khan. A large number of people benefitted from the camps held at Islamabad…
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The US and Pakistan are going to forge collaboration on addressing climate change aimed to mitigate and adapt adverse impacts of environmental degradation. Pakistan has emerged as a leading nation amongst the countries, endeavouring to address climate change and environmental degradation. Besides Pakistan’s other environment-related programmes, its clean and green agenda has been acknowledged worldwide, particularly by US Special Presidential…
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Balochistan Chief Minister Jam Kamal has written a letter to Prime Minister Imran Khan on the unavailability of electricity in Makran Division, requesting the PM to raise the issue with Iranian authorities and work out a mechanism to connect Makran Division to the national grid. In a letter addressed to Prime Minister Imran Khan, Chief Minister Jam Kamal on Wednesday…
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