SINGAPORE – Media OutReach – 15 June 2023 – Hyundai Motor Group (HMG) and Vodafone Business today announced a multi-year extension of their existing strategic partnership to provide customers with advanced in-car connected streaming and infotainment services in more than 40 countries across Europe. Under the partnership extension, Vodafone Business will bring its Global Internet of Things (IoT) Connectivity for Connected Car…
Read MoreDay: June 16, 2023
Power distribution grids: GIZ sending team to conduct digitalization, decarbonisation
ISLAMABAD: German firm, Deutsche Gesellschaftfür Internationale Zusammenarbeit (GIZ) GmbH is dispatching a mission to conduct digitalization and decarbonization of Pakistan’s power distribution grids. In a letter to Secretary Power, Rashid Mahmood Langrial, Cluster Coordinator Climate and Energy GIZ-Pakistan Stoyanka Stich revealed that GIZ is conducting an appraisal mission for the project “digitization and decarbonization of power distribution grids in Pakistan”.…
Read MoreGovt to continue with power subsidy despite IMF objections
HYDERABAD: Energy Minister Khurram Dastgir has said that despite objections by the International Monetary Fund (IMF), the government would continue with its plans to dole out a huge power subsidy. Speaking at a press conference in Hyderabad, he said Pakistan had managed issues without IMF’s support and hoped that “we can pass more days without this support”. He admitted that the…
Read MoreAzerbaijan to send LNG cargoes from next month
ISLAMABAD/ BAKU: The federal cabinet has approved an agreement to procure liquefied natural gas (LNG) cargoes from Azerbaijan at discounted rates, according to a statement issued by the PM House on Thursday. Prime Minister Shehbaz Sharif apprised Azerbaijan President Ilham Aliyev of the cabinet’s decision during a meeting at the Azeri capital Baku, the statement added. “This is the second…
Read MorePetroleum prices remain unchanged until 30th
ISLAMABAD: The prices of petroleum products will remain unchanged until June 30, Finance Minister Ishaq Dar announced in a televised statement on Thursday. During the previous two rounds, the prices of petroleum products were significantly reduced, with high-speed diesel and petrol seeing reduction of Rs35 and Rs20 respectively, according to the minister. The minister explained that although the prices of…
Read MoreOGDCL onlines Wali gas field
ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) said on Thursday it had started production at its Wali gas field in the district of Lakki Marwat, Khyber Pakhtunkhwa province. The company said it would initially produce 10 million standard cubic feet per day (mmscfd) of gas and 1,000 barrels per day (bpd) of oil from the field. “The operator of…
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