Pakistan’s electricity generation capacity increased by 11.5% and reached 41,557 megawatts in July-April 2021-22 compared to 37,261MW in the same period of previous fiscal year, revealed the Economic Survey of Pakistan 2021-22. The hydel energy share in the total installed capacity marginally fell to 24.7% year-on-year during the first 10 months of FY22. The contribution of re-gasified liquefied natural gas…
Read MoreDay: June 10, 2022
NFEH, Arts Council jointly mark World Environment Day
Wastewater recycling systems should immediately be introduced in Karachi to increase green cover without further depleting the scarce water resource for residents of the city. This was one of the unanimous demands by the concerned speakers who spoke at a moot titled “Climate Change and our responsibilities” at the Arts Council, Karachi. The National Forum for Health and Environment (NFEH)…
Read MoreCreating Unfailing Energy, on a Road to Miracle
Recently, GoodWe was awarded the title of Most Efficient Asian Storage Manufacturer by Berlin University of Applied Science through SPI efficiency test, we know technology always comes from investment and accumulation, but few people note that this is the 10th year of GoodWe’s dedication to energy storage industry, experiencing accountable setbacks and honors along the way in order to achieve…
Read MoreLONGi Continues Educational CSR Activities in Pakistan
LONGi CARE IN PAKISTAN LONGi SOLAR TECHNOLOGY CO., LTD. and University of Education (UE’s) UE Business School (UEBS) & Center for Professional Development (CPD) signed a MoU. According to this MOU, LONGi will offer several benefits to CPD and facilities UE students for industrial visits and internship, Job opportunities for UE graduates. CPD can start open enrollment programs and invite…
Read MoreU.S. SPR Release Is Creating A Problem For Canada’s Heavy Crude Oil
The Strategic Petroleum Reserve release in the United States—a large one designed to release a million barrels per day from storage into the commercial markets—is creating a bit of a problem for the Canadian oil industry. All crude oil grades aren’t equal, and a large share of what the SPR is releasing into the Gulf Coast area is heavy sour…
Read MoreIt’s Time For Africa To Harness Its Natural Gas Potential
The International Energy Agency (IEA) and other regional bodies have repeatedly stated the importance of natural gas in supporting a transition away from fossil fuels to renewable alternatives. It is viewed as a less dirty energy source than others, particularly coal, leading many to acknowledge the need to maintain natural gas production to meet global energy demand. As Europe and…
Read MoreNTDC inefficiency: nine countrywide blackouts occur since mid-2018
As many as nine countrywide electricity blackouts have been witnessed since mid-2018 due to inefficient management and Board of Directors (BoD) of the National Transmission & Despatch Company (NTDC), said sources. They said the Nepra has fined the NTDC for the blackouts as such a level of blackouts have never been witnessed in the history of the country. According to…
Read MoreIMF asks Pak to renegotiate CPEC energy deals before making payments: Rpt
The IMF has asked cash-strapped Pakistan’s government to renegotiate the China-Pakistan Economic Corridor (CPEC) energy deals before making payments of around Rs 300 billion (USD 1,49,71,55,400) to the Chinese power plants, putting Islamabad in a tight spot, a media report said on Thursday. As of now Pakistan has repeatedly been seeking international aid to support its failing economy. The talks…
Read MoreCrude Oil Price And Consumer Spending – How They Are Related
Crude Oil & Gasoline prices have been a hot topic for almost everyone recently. As inflation surges, consumers are feeling the increased pricing pressures from all sides right now. It is starting to reflect in the use of credit cards, discretionary spending habits, and summer holiday travel plans. As the US Fed adjusts rates to burst inflation trends, consumers are left trying to navigate a…
Read MoreCoal, natural gas, crude oil output up in July-March
Despite country’s mining and quarrying sector shrank by 4.5 percent in July-March 2021-22, production of coal, natural gas, crude oil, and iron ore increased in the same period, latest economic survey showed on Thursday. During nine months of the current fiscal, production of major minerals increased such as coal by 8.34 percent, natural gas by 3.45 percent, chromite by 25.7…
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