Day: April 22, 2025

NDMA Issues Heatwave Alert Across Pakistan Until April 27Karachi to See Temperatures Between 39°C and 41°C, PMD Warns

Admin
Heatwave-Alert

KARACHI: The National Disaster Management Authority (NDMA) has issued a countrywide advisory warning of an intense heatwave likely to persist from Tuesday (April 22) through Sunday (April 27). The hot and dry spell is expected to impact large parts of Sindh, Balochistan, Khyber Pakhtunkhwa, Gilgit-Baltistan, and Azad Kashmir. Balochistan and Sindh will bear the brunt of the soaring temperatures, with Karachi forecast to experience highs ranging between 39°C and 41°C. The Pakistan Meteorological Department (PMD) noted that the city’s minimum temperature was 24°C, with humidity levels around 60% and light…

Read More

SSGCL Seeks Gas Price Hike for FY 2025-26, Citing Revenue Shortfalls

Admin
Gas-Prices

ISLAMABAD: Sui Southern Gas Company Limited (SSGCL) has submitted an amended petition to the Oil and Gas Regulatory Authority (OGRA) requesting an increase in the average prescribed gas price for the fiscal year 2025-26. Originally filed on November 29, 2024, and revised on March 26, 2025, the petition seeks approval under Section 8(1) of the OGRA Ordinance, 2002, and Rule 4(2) of the Natural Gas Tariff Rules. SSGCL has proposed an average gas price of Rs1,801.86 per MMBTU, up from the currently approved Rs1,762.51 per MMBTU for the FY 2024-25…

Read More

U.S. Finalizes Sweeping Tariffs on Southeast Asian Solar Imports Amid Dumping Allegations

Admin
Trina-solar2

WASHINGTON: U.S. trade officials have finalized significant tariffs on solar imports from Southeast Asia, marking a pivotal moment in a year-long trade dispute centered on unfair competition claims against Chinese-owned manufacturers. The case, initiated by Korea’s Hanwha Qcells, Arizona-based First Solar Inc., and other domestic producers, accused Chinese companies of undercutting prices by exporting subsidized, below-cost solar panels from factories in Malaysia, Cambodia, Thailand, and Vietnam. The American Alliance for Solar Manufacturing Trade Committee argued these practices threatened billions in U.S. clean energy investments. The finalized tariffs, announced Monday, vary…

Read More

Aramco and BYD Form Strategic Alliance on Next-Gen Vehicle Technologies

Admin
electric-vehicle

SHANGHAI: Saudi Aramco, the world’s largest oil producer, and Chinese electric vehicle giant BYD have announced a strategic collaboration to advance new-energy vehicle technologies. The announcement was made as the Shanghai Motor Show opened on Monday. Aramco’s subsidiary, Saudi Aramco Technologies Company (SATC), will work with BYD to develop innovative technologies aimed at improving efficiency and environmental performance in the transport sector. While the financial terms of the agreement were not disclosed, both companies highlighted the potential of the partnership to accelerate the development of advanced powertrain systems and lower-carbon…

Read More

Pakistan Oxygen to Invest Rs1.3bn in Hydrogen Production Plant at Port Qasim; Clover Pakistan Explores Oil Marketing Venture

Admin
Pakistan-Oxygen

KARACHI: Pakistan Oxygen Limited (POL) has announced a major investment of Rs1.3 billion to set up a state-of-the-art hydrogen production facility at Port Qasim. In a filing to the stock exchange, the company stated that the new facility will meet the rising hydrogen demand from its key strategic customers, marking a significant step towards cleaner energy solutions in Pakistan. Meanwhile, Clover Pakistan Limited (CPL) disclosed in a separate stock filing that its board of directors has approved plans to explore the feasibility of investing in or acquiring a company operating…

Read More