ISLAMABAD: While adopting a strategic fast-track strategy, the Oil & Gas Development Company Limited (OGDCL) has successfully completed the Khewari (Suleman 1 & 2) Development Project. The Khewari Development Project has potential of 10 million standard cubic feet per day (MMSCFD) which is being processed at the Sinjhoro Plant in the Sanghar district of Sindh province. Currently, the wells are…
Read MoreDay: November 22, 2023
2-Day Solar Exhibition in Peshawar inaugurated
Peshawar: For the first time in Khyber Pakhtunkhwa, the two-day solar exhibition International Solar Energy Meet Peshawar has started. The exhibition was held at Monal Marquee. Peshawar’s first solar exhibition is being organized in strategic partnership with Pakistan Solar Association (PSA). ISEM Peshawar is supported by Department of Energy and Electricity Khyber Pakhtunkhwa, Pakhtunkhwa Energy Development Organization PEDO, Khyber Chamber…
Read MoreEmirates joins UAE based research consortium for renewable and advanced aviation fuels
Karachi , 21 November 2023 – In the UAE Year of Sustainability, and at the 3rd ICAO Conference on Aviation and Alternative Fuels (CAAF/3) held in Dubai, eight founding entities announced the launch of the “Air-CRAFT” initiative – a UAE based research consortium focused on developing, producing, and scaling sustainable aviation fuel (SAF) technologies. Air-CRAFT, or the UAE Centre for…
Read MorePRL signs licence deals with Honeywell UOP, Axens for refinery upgrade
KARACHI: Pakistan Refinery Limited (PRL) has signed pivotal license agreements with global technology providers Honeywell UOP and Axens for its ambitious Refinery Expansion and Upgrade Project (REUP), the company said on Tuesday. “PRL has signed pivotal license agreements with renowned industry leaders Honeywell UOP and Axens, for its ambitious REUP,” the PRL said in a filing to the Pakistan Stock…
Read MorePakistan plans to sell excess power to Central Asia in winter season via CASA-1000
ISLAMABAD: Pakistan is looking to export its surplus electricity to Central Asian states, in the winter season, as it seeks to utilise the transmission infrastructure of a delayed regional power project and reduce its capacity payments burden. The country will hold the technical talks with Kyrgyzstan, Tajikistan, Kazakhstan, Uzbekistan and the World Bank in Dubai next month to discuss the…
Read MorePower ministry recovers Rs55bn from delinquent consumers
ISLAMABAD: The power ministry said on Tuesday, it had recovered Rs55 billion from electricity consumers that had either not paid their bills or were involved in theft, as part of a campaign to reduce losses and improve the sector’s performance. The ministry said it had collected Rs46 billion from Sept. 7 to Oct. 31 and another Rs9 billion in November…
Read MoreEconomic confidence hits new low
Ipsos survey reveals anxieties over inflation, unemployment and poverty levels ISLAMABAD: Only one in ten Pakistanis believes that the country is heading in the right direction, with economic problems ranking as the most worrying issues for them, reveals a new opinion poll. The outcomes of the survey reflect the overall poor conditions of the country, yet the number seeing the…
Read MoreLenders seek transparency as Pakistan pitches for environment funding
ISLAMABAD: Amid struggling project implementation and calls for more transparency by multilateral and bilateral lenders, the caretaker government on Tuesday made a pitch for additional international financial support, particularly those relating to ‘debt for nature and debt for social development swaps’ to help Pakistan meet climate finance targets. The appeal for additional financial support was made by Caretaker Finance Minister…
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