Islamabad, Pakistan, February 18, 2025 – Prominent government leaders from Pakistan and Germany met during a high-level bilateral meeting organized at the Ministry of Climate Change and Environmental Coordination (MoCC&EC), to discuss shared goals for strengthening Pakistan’s carbon market rules and regulations, policies, integrity and infrastructure. This bilateral meeting was held under the patronage of Secretary (In charge) MoCC&EC, Ms.…
Read MoreDay: February 21, 2025
China-Pakistan partnership paves way for a shared future: Ambassador Jiang Zaidong
In a recent statement, Chinese Ambassador to Pakistan HE Jiang Zaidong highlighted the significant strides made in China-Pakistan relations, especially in light of the recent high-level visits between the two countries. President Asif Ali Zardari’s state visit to China earlier this month, following Prime Minister Shehbaz Sharif’s visit in June of last year and Premier Li Qiang’s visit to Pakistan…
Read MoreKarot HPP launches report on China’s role in Pak uplift
ISLAMABAD – China Three Gorges South Asia Investment Ltd. has launched the Karot Hydropower Project Report 2025, detailing the successful operations of the Chinese power initiative under the China-Pakistan Economic Corridor (CPEC). The report was unveiled at the one-day International Conference on ‘Regional Connectivity & Pakistan: Emerging Opportunities,’ hosted by the Pakistan-China Institute in Islamabad. It emphasizes the significant benefits…
Read MoreChinese power projects under CPEC leave Pakistan struggling with debt
The China-Pakistan Economic Corridor (CPEC), once hailed as a transformative initiative for Pakistan’s economy, has left the nation grappling with substantial debt and soaring electricity costs, according to Oil Price. Launched in 2013, the $62bn partnership was aimed at boosting economic cooperation, trade, and infrastructure development, with a significant focus on addressing Pakistan’s chronic energy shortages. Of the total investment, nearly…
Read MoreOil heads for weekly gain on supply jitters
Oil prices fell on Friday but were still poised for a weekly gain on supply disruption in Russia while uncertainty looms over a potential peace deal in Ukraine. Brent futures slipped by 73 cents, or 0.95%, to $75.75 a barrel by 1104 GMT while U.S. West Texas Intermediate crude lost 73 cents, or 1%, to $71.75. Both have gained about…
Read MoreDonald Trump seeks to reshape Asia’s energy supplies with US gas
TOKYO/WASHINGTON: When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk turned quickly to how Tokyo could help realise a decades-old proposal to unlock gas in Alaska and ship it to US allies in Asia. Trump and his energy tsar Doug Burgum framed the venture as a way for Japan to replace Middle East energy…
Read MoreEU seeks more US gas, renewable energy to replace Russian supplies
BRUSSELS: The European Union will seek more gas from countries including the U.S. to replace Russian supplies, and expand renewable energy faster to cut its overall reliance on the fuel, the EU’s energy commissioner has said. The EU has pledged to quit Russian fossil fuels by 2027 in response to Moscow’s 2022 invasion of Ukraine. While Russian pipeline gas deliveries…
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