Paris, (APP – UrduPoint / Pakistan Point News – 23rd Jun, 2022 ) :Natural gas has emerged as a weapon of war between Russia and Europe since Moscow and Ukraine stand-off. Here is how the standoff developed: – Nord Stream 2 halted – On February 22, 2022, German Chancellor Olaf Scholz says he is suspending the Nord Stream 2 pipeline…
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LONGi has announced a new world record conversion efficiency of 26.5% for its silicon heterojunction (HJT) photovoltaic cells. The new record, validated in testing carried out by the Institute for Solar Energy Research (ISFH) in Hamelin, Germany, was achieved on M6 (274.4cm2) full-size monocrystalline silicon wafers, marking a new breakthrough in efficiency for large-size monocrystalline silicon photovoltaic cells. Through consistent…
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Speakers at a seminar on Wednesday criticised the World Bank for messing up Pakistan’s energy sector by supporting fossil gas and financing LNG infrastructure in recent years. Organised by the Alliance for Climate Justice and Clean Energy, the seminar participants unanimously called the country’s shift to fossil gas a costly mistake that has contributed to disproportionately high reliance on imported…
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Speakers at a seminar on Wednesday criticised the World Bank for messing up Pakistan’s energy sector by supporting fossil gas and financing LNG infrastructure in recent years. Organised by the Alliance for Climate Justice and Clean Energy, the seminar participants unanimously called the country’s shift to fossil gas a costly mistake that has contributed to disproportionately high reliance on imported…
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International and local experts raised alarm on expansion of gas and LNG infrastructure in Pakistan in a webinar on Wednesday, saying it would pose threat to Paris Agreement goals and lead to a climate change crisis in the country. Discussing findings of a research study by Recourse, a Netherlands-based non-profit organisation, experts urged the World Bank and International Finance Corporation…
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Unseen ship-to-ship transfers take place in mid-Atlantic Some eastbound cargoes are also starting to vanish mid-voyage By Julian LeeJune 22, 2022, 7:41 PM GMT+5 Russian oil cargoes are increasingly disappearing from view in the Atlantic Ocean as sanctions against the nation’s exports ratchet up. In the past 10 days, at least three tankers have vanished from vessel-tracking systems as they…
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The government has allowed K-Electric (KE) to recover Quarterly Tariff Adjustment (QTA) of first quarter of FY 2021-22 to the tune of Re 0.57 per unit from KE consumers, in the first three months of next fiscal year, well informed sources told Business Recorder. Under section 31(7) of the Nepra Act, Nepra, in its determinations for Discos of May 9,…
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Overall production of petroleum commodities has witnessed an increase of 0.33pc during the first ten months of fiscal year 2021-22 as compared to corresponding period of fiscal year 2020-21. The Petroleum, Oil and Lubricants (POL) products that showed positive growth include Jet Fuel Oil, the production increased by 27.41pc during the period under review, Pakistan Bureau of Statistics (PBS) reported.…
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The 720 megawatts Karot hydropower plant is now a week away from starting commercial operations after it was put to 168 hours long reliability run test (RTT) on Tuesday. According to Gwadar Pro, RTT is the last test before the commissioning of the project, a senior official of Karot Power Co. told Gwadar Pro. Karot Power is a special-purpose vehicle…
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As the fresh monsoon rains are likely to increase water level of major reservoirs, the Chairman Federal Flood Commission advised on Wednesday all the dams operating authorities to exercise extra vigilance of the reservoirs’ operation. Talking to PTV News, Chairman Federal Flood Commission Ahmed Kamal said that the overall water storage capacity at major reservoirs of the country had reached…
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