Jamaat-e-Islami (JI) has challenged the hike in gas meter rent in the Islamabad High Court (IHC), ARY News reported on Wednesday. In April, the Oil and Gas Regulatory Authority (OGRA) increased the monthly rent for gas meters from Rs40 to Rs500 following a recent hike in gas tariff.
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With the global energy transition in full swing, few clean energy sectors, if any, are expanding faster than the electric car market. A decade ago, a grand total of 130,000 EVs were sold globally; fast forward to the present, and nearly a similar number are sold in just a week.
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Futures are limping lower after overnight China reported that export growth moderated from 14.8% in March to 8.5% in April, slightly better than market expectations, and unchanged from the 1Q23 average, while Imports unexpectedly collapsed, badly missing expectations.
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Turkey has opted to defer until 2024 as much as $600 million in payments to Russia for natural gas deliveries, anonymous sources told Reuters on Wednesday. Last week, Turkey’s Energy Minister Fatih Donmez said that the country had reached a deal with Russian gas giant Gazprom to defer part of the payments
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Pakistan and Iran on Wednesday agreed to explore new avenues of collaboration in the fields of aviation including direct flight, revival of gas pipeline project and expansion of trade between the two nations.
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Pakistan has placed an order for a single cargo of Russian oil, but is keen for a long-term deal to buy the crude in Chinese currency, according to the country’s power minister.The payment for the first shipment has been made in US dollars but Pakistan would like further purchases to be in made in yuan,
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Solis, a global leading manufacturer of solar & energy storage solutions, has announced the launch of their latest product, the S6 Advanced Power Hybrid Inverter. With an emphasis on generator connectivity and multiple input methods, the S6 offers automatic UPS switching and up to 10 seconds of 200% surge power backup overload capability. One of the unique features of the…
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All Pakistan Textile Mills Association (APTMA) has sought new power tariff structure for prime electricity users considering their specific needs and constraints after the government severed concessional tariff for the textile industry as a prior condition of still stalled ninth review of International Monetary Fund (IMF).
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Thar Coal Power project will help Pakistan generate energy at a much lower cost, and this would be a game-changer for the country’s overall development, said Shamsuddin Shaikh, former CEO of Sindh Engro Coal Mining Company, while talking to WealthPK.
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Minister of State for Petroleum Musadik Masood Malik on Monday discussed with senior US officials ways to enhance productivity in the energy sector,
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