BAKU (Azerbaijan) Nov 17: Sindh Chief Minister Syed Murad Ali Shah, speaking at COP-29 on Nature’s Carbon Solution, emphasised the transformative Delta Blue Carbon (DBC) project in the Indus Delta, Sindh. “We have [Sindh] a 230-kilometre coastline and its 667,000 hectares of wetland ecosystems in mitigating and adapting to climate change.” He said this while speaking at COP-29, titled “Nature’s…
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Ayla Majid makes history as ACCA’s first Pakistani president
Ayla Majid has made history as the first South Asian, Pakistani, and Muslim to be elected Global President of the Association of Chartered Certified Accountants (ACCA) in its 120-year history. This remarkable achievement highlights Ayla’s exceptional leadership, dedication, and commitment to advancing the accounting profession. As a successful business leader and advocate for sustainability, Ayla has been a powerful voice…
Read MoreOil prices on track for weekly loss as Chinese demand wanes
HOUSTON: Oil prices slipped on Friday and were bound for a weekly loss as investors digested waning Chinese demand and a possible slowing of the U.S. Federal Reserve’s interest rate cut path. Brent crude futures dropped 71 cents, or 0.98%, to $71.85 a barrel by 10:32 a.m. EDT. U.S. West Texas Intermediate crude futures were down 72 cents, or 1.05%,…
Read MorePHMA for charging power bill rates on basis of total consumption
LAHORE: Central Chairman of Pakistan Hardware Merchants Association Sardar Usman Ghani Central Chairman in a statement has demanded the government to charge electricity bill rates on the basis of total consumption and not on excess consumption, moreover domestic, industrial, commercial and agricultural electricity bills to be received on the basis of uniform rates. He demanded that electricity rates should be…
Read Moreسندھ کے سجاول میں گیس کے وسیع ذخائر دریافت
صوبائی وزیر ناصر شاہ کا سجاول میں گیس اور کنڈینسیٹ دریافت ہونے کا اعلانمراد علی شاہ کی سندھ بالخصوص سجاول کو مبارکبادکراچی (15 نومبر): صوبائی وزیر برائے توانائی، منصوبہ بندی و ترقیات سید ناصر حسین شاہ نے ضلع سجاول کے شاہ بندر بلاک میں واقع پتیجی-6 ایکسپلوریشن کنویں میں گیس اور کنڈینسیٹ کی ایک بڑی دریافت کا اعلان کردیا جہاں…
Read MoreNEPRA Warns Discos and KE: Address Overbilling or Face Legal Action
Islamabad: The National Electric Power Regulatory Authority (NEPRA) has issued a stern warning to Distribution Companies (Discos) and K-Electric to resolve consumer overbilling issues or face legal consequences. In a letter, NEPRA referenced its earlier directives from July 30, 2024, where it instructed Discos to adjust bills issued on a pro-rata basis. These adjustments were necessitated when meter readings taken…
Read MoreOGDC Completes Drilling of Appraisal Wells in Abu Dhabi Offshore Block
BAKU: COP29 has been marked by contentious negotiations as developed and developing nations clash over the New Collective Quantified Goal for climate finance. Progress remains slow, with only limited advances in carbon market standards under Article 6.4 of the Paris Agreement. Disputes over the rushed adoption of these guidelines highlight lingering disagreements on carbon credits, deemed by activists as “false…
Read MorePower Users to Receive Refund for Fourth Consecutive Month
Islamabad: Public sector power companies have proposed a Rs1.016 per unit negative Fuel Cost Adjustment (FCA) in electricity bills, potentially refunding Rs10 billion to consumers overcharged in October 2024. If approved, this will mark the fourth consecutive month of negative FCA, enabled by significant fuel cost savings and a 20% base tariff hike implemented for the fiscal year 2024-2025. The…
Read MorePakistan’s solar & EV sectors open up with unique perks for China
BEIJING, Nov 15 (APP):Pakistan is set to attract Chinese investors with exclusive incentives in the booming solar and electric vehicle (EV) sectors, said Pakistan’s Trade and Investment Counsellor to China Ghulam Qadir. Addressing the 4th Beijing International Engineering Procurement Conference & Exposition for Engineering Construction Supply Chain (EPC Expo), focused on sustainable trade between China and Pakistan, Ghulam Qadir emphasized…
Read MoreOil prices on track for weekly loss as Chinese demand wanes
HOUSTON: Oil prices slipped on Friday and were bound for a weekly loss as investors digested waning Chinese demand and a possible slowing of the U.S. Federal Reserve’s interest rate cut path. Brent crude futures dropped 71 cents, or 0.98%, to $71.85 a barrel by 10:32 a.m. EDT. U.S. West Texas Intermediate crude futures were down 72 cents, or 1.05%,…
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