The National Forum for Environment and Health (NFEH) has joined hands with the Midas Safety and Orix Modarba to launch a monsoon tree plantation campaign in the Export Processing Zone, Landhi.The same industrial estate of Karachi was selected some three months back to plant 300 plant saplings that have grown much due to proper care and protection. The back-to-back plantation…
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Minister of State for Information and Broadcasting Farrukh Habib Monday said the Clean and Green campaign of Prime Minister Imran Khan turned into a movement as the entire nation has started planting trees across the country. In a tweet, he said the people of Pakistan were fulfilling their national responsibility by enthusiastically participating in the drive to reduce environmental impacts…
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Federal Minister for Economic Affairs Omar Ayub Khan has emphasised that the 5th Extension of Tarbela hydropower project will help meet rapidly increasing requirement of water and electricity in the country. “It will also improve energy security by increasing the share of clean and affordable energy in the country’s energy mix,” he added, according to a statement issued on Monday.…
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The government on Monday asked the National Electric Power Regulatory Authority (Nepra) to immediately approve first part of its three-phased subsidy rationalisation plan envisaging creation of four new tariff slabs and a slight expansion in the definition of lifeline consumers to 100 units per month for gradual reduction of electricity subsidies. Nepra conducted the public hearing on the subsidy rationalisation…
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THE ongoing pandemic busted the myth of invincibility of human advancement, and humbled even the most arrogant of nations. Covid-19 exposed the systemic weaknesses and reminded that nature punishes complacency rather ruthlessly. It dragged the spotlight on some away-from-the-mainstream subjects, like, say, intellectual property rights (IPRs). The health crisis that rattled the world order actually exposed the perils of power…
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Mari petroleum hosted an impressive light and sound show, projecting the struggles and contributions of our founders for creation of an independent state, Pakistan’s rich history, progression over the years, vibrant culture and a tribute to the heroes of Pakistan. Pride of performance award holder, Sahir Ali Bagga paid tribute to our forefathers, with his melodious songs. MD/CEO Mari Petroleum…
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Pakistan has finally got the opportunity to look towards its economic development after facing internal and external security turmoil during last few decades. It is willing to prioritize economic security and leverage it to protect the national interests. The shift from geo-political confrontation to geo-economic cooperation was proposed by National Security Adviser, Moeen Yousuf. Foreign Minister Shah Mehmood Qureshi has…
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The US petroleum consumption declined to 18.1 million barrels per day (bpd) last year, the lowest level in 25 years, the Energy Information Administration (EIA) has said. Petroleum consumption in the transportation sector plunged by a record-breaking 15% in 2020 compared to a year earlier. Oil consumption declined in every single energy-consuming sector, the EIA said in new estimates of…
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The World Bank has, reportedly, conveyed its serious reservations to the top government authorities for not honouring their commitment regarding increase in electricity tariff as per the February 2021 agreement, and seeking a new deadline for a hike in base tariff, well-informed sources told Business Recorder. The PTI government, sources said, has increased electricity tariff by 40 per cent since…
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Special Assistant to Prime Minister on Power and Petroleum Tabish Gauhar has decided to squeeze his role up to giving his advice as a technocrat to the government for policy level decisions and energy sector reforms. He also started avoiding attending crucial meetings held on the operational level. According to the top sources at the Energy Ministry, Tabish Gauhar, if…
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