Category: Recent Post

The launch of the ‘Adapting to Salinity in the Southern Indus Basin (ASSIB’) project, funded by the Australian government through the Australian Centre for International Agricultural Research (ACIAR), took place at a local hotel in Karachi today by way of a stakeholder inception workshop attended by representatives from government, academia, NGOs, and communities living in salinity-affected areas of Pakistan. The ASSIB project aims to develop and investigate adaptation options and strategies with people managing and living in salinity affected agricultural landscapes in the Indus Basin areas of south Punjab and…

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Khalid Mahmood, Managing Director and CEO Getz Pharma Pvt. Ltd Executive Director, IBA Karachi, Dr. S. Akbar Zaidi, signed a joint MoU to provide financial assistance to deserving students. Getz Pharma (Pvt) Ltd, Pakistan’s leading pharmaceutical company and the Institute of Business Administration (IBA), Karachi, the country’s prestigious higher education institution, have partnered to establish Getz Pharma Endowment Fund. The initiative aims to advance the Institute’s financial assistance program for its deserving students selected from all over the country. Through this partnership, Getz Pharma will financially support students chosen from…

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What has triggered the energy market crisis?The UK’s wholesale energy markets have reached record highs in recent weeks. The trouble stems from a global surge in demand for gas following a cold winter that left gas storage facilities depleted, plus a rebound in post-lockdown energy demand across Asia. A race to refill gas stores before the return of colder temperatures has now caused market prices to surge. The global gas grab is a major concern because half of the UK’s electricity is generated in gas-fired power plants. There has also…

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This is the final article in a series that examines Environmental, Social, and Corporate Governance (ESG) programs in the oil industry, with an emphasis on how some companies are using hydrogen to improve their metrics. Previous articles were: Today I want to talk about specific examples of how various companies are incorporating hydrogen into their businesses. Alerian on Midstream ESGThe genesis of this series came from a recent research piece from independent energy infrastructure and master limited partnership (MLP) market intelligence data provider Alerian: Midstream/MLPs: The Unsung ESG Push. The…

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Pakistan is suffering from circular debt, mostly due to high capacity charges, which have been further aggravated due to excess capacity and its underutilisation. One of the solutions that have been discussed and even partly implemented is tariff reforms. A logical argument is that electricity utilisation will increase if tariff is brought down. The risk, however, is that the utilisation may not increase and thus the companies may suffer on two counts – reduced tariff and reduced sales. Hence, there has been reluctance to introduce tariff incentives on a wider…

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