PESHAWAR, (APP – UrduPoint / Pakistan Point News – 28th Apr, 2021 ) :Federal Minister for Energy Muhammad Hammad Azhar Wednesday assured that work on all approved power and gas projects for Lakki Marwat would be started soon. Talking to prominent and senior parliamentarian, Humayun Saifullah and Provincial Minister for Social Welfare Dr Hisham Inamullah Khan during a call on…
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LONGi Supports Energy Transformation at Rantex Group
Rantex Pvt Ltd is a leading textile manufacturer, having been established in Pakistan for over 26 years. The project EPC is delivered by Green Volts Energy, a pioneer developer of low-carbon infrastructure in Pakistan and has been one of the most active players in the private solar sector. Green Volts has numerous project experiences, and is the first company to…
Read MoreProsecution witness tells AC: No document produced in LNG case
The prosecution witness, on Wednesday, told the Accountability Court that he has not produced any document before it in the Liquefied Natural Gas (LNG) case where in accused former Chairman Oil and Gas Regulatory Authority (OGRA) Saeed Ahmed figured in. The prosecution witness, Abdur Rashid, Director Gas, while recording his statement before Accountability Court-II judge Muhammad Azam Khan, said that…
Read MorePower users to be reimbursed Rs5.4bn for March
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday said it would reduce electricity rates by 63-68 paisa per unit on account of monthly fuel cost adjustment for electricity consumed in March. This fuel cost adjustment is likely to provide power consumers a relief of Rs5.4 billion for the month. At the public hearing presided over by Nepra Chairman…
Read MoreSolar industry needs special tax regime for energy independence of Pakistan
The solar industry in Pakistan deserves a special and viable tax regime to enable it to unlock its true potential and to help the country in its drive to become self-reliant and independent in the energy sector with the least harm to the environment. This demand was made by the representatives of the solar industry who participated in the webinar…
Read MoreOil Refiners Vs. Biofuels Clash Ends Up In Supreme Court
The U.S. Supreme Court is hearing oral argument on Tuesday in a case that has pitted the oil industry and the corn lobby for years—whether refiners can obtain exemptions from blending ethanol in gasoline and diesel under the Renewable Fuel Standard. Under the Renewable Fuel Standard (RFS), oil refiners are required to blend growing amounts of renewable fuels into gasoline…
Read MoreCanada’s Oil Sands In Trouble As COVID Cases Soar
The northern parts of Canada’s province of Alberta have seen rising coronavirus cases in recent weeks with several oil sands sites becoming hot spots of outbreaks as workers are flying in and out for maintenance at the crude upgraders. The high active COVID cases have not impacted production in the Canadian oil patch, but some maintenance work has been stretched…
Read MoreBP Resumes Buybacks After Q1 Profit Triples
BP (NYSE: BP) is resuming share buybacks this quarter after more than tripling its first-quarter earnings from a year ago on the back of rising oil prices and “exceptional gas marketing and trading performance,” the UK-based supermajor said on Tuesday. BP kicked off today Big Oil’s Q1 earnings season, reporting underlying replacement cost profit—its proxy for net profit—of $2.63 billion,…
Read MoreEgypt Restarts Major LNG Project On Rising Demand
In the late 90s of the previous century and early years of this century, Egypt in collaboration with international partners started the development of its LNG sector. This resulted in the Idku and Damietta plants with a capacity of 7.2 and 5.3 mtpa, respectively. However, the availability of feed gas evaporated overnight when domestic demand rose strongly until 2012 and…
Read MoreSNGPL Peshawar task force activities progress report
SNGPL Peshawar Region in its continued extensive Task Force activities in Peshawar City and its Sub Areas has carried out raids against pilferers and illegal use of gas. During the said operation teams plugged 890 direct / underground connections, 12 underground taps detected / removed, 900 suspected/ reverse/without record meters are replaced, 05 Domestic to Commercial use meter disconnected, 150…
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