Total petroleum products sales increased 57 percent to 1.672 million tons during April 2021 against 1.068 million tons recorded during April 2020, data issued by Oil Companies Advisory Committee (OCAC) showed on Tuesday. The increase was largely on account of April 2020โs low-base because of peak lockdown restrictions implemented during the month,โ Yusuf Rehman at KASB Securities said. On a…
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A Big Solar Distribution Company Diwan International Pvt Ltd launched World Biggest Solar Panel ๐ง๐ฟ๐ถ๐ป๐ฎ ๐ฆ๐ผ๐น๐ฎ๐ฟ ๐ฉ๐ฒ๐ฟ๐๐ฒ๐ ๐ฆ๐ฒ๐ฟ๐ถ๐ฒ๐ ๐ฒ๐ฑ๐ฑ/๐ฒ๐ฒ๐ฌ๐ช and ๐๐จ๐๐ช๐๐ Solar inverter New models ๐ ๐ญ/๐ฎ/๐ฏ ๐ฆ๐ฒ๐ฟ๐ถ๐ฒ๐. Launching Ceremony was held Thrusday 29th April, 2021 at Diwan International’s Solar Showroom in Karachi. CEO Diwan International Pvt Ltd Muhammad Saleem Diwan recived Award “Strategic Platinum Partner” from Sheheryar Shakeel (Country Manager…
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The National Accountability Bureau (NAB), on Monday again failed to submit a report before the Accountability Court regarding issuance of non-bailable arrest warrants of the co-accused staying abroad in the Liquefied Natural Gas (LNG) corruption case. The Accountability Court-II judge, Muhammad Azam Khan, while hearing the LNG case against against the former Prime Minister, Shahid Khaqan Abbasi, and others, adjourned…
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When we think of EVs, we think of the future of the transportation system of the world. It is cool, and everyone wants it. However, when anyone sits around and analyses the feasibility of buying an Electric Vehicle (EV) in Pakistan, things are more complicated than they seem from the marketing videos. The incumbent government has been very vocal about…
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Reduction in Petroleum Development Levy (PDL) and General Sales Tax (GST) on imported Liquefied Petroleum Gas (LPG) has resulted into massive inflow of LPG to the country through port and Taftan border without any check in quality and quantity. These revelations have been made by incumbent Managing Director (MD) of Oil and Gas Development Company Limited (OGDCL) in a letter…
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With a historic drop of 75 bcm in gas consumption, it would be legitimate to say that 2020 has been a turbulent year for natural gas. However, even though successive lockdowns have slapped the gas supply-chains and created uncertainty in an already volatile market, gas has been much more resilient than other fuels during this year. The IEA remains optimistic…
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Building power plants in the middle of the sea was never going to be easy. The worldโs largest developer of offshore wind farms Orsted A/S has found that some of its cables connecting to wind farms have been damaged by scraping against rocks on the seabed and will need to spend as much as 3 billion Danish kroner ($489 million)…
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H.E Mr. Atadjan Movlamov, Ambassador of Turkmenistan to Pakistan called on Federal Minister for Energy Mr. Muhammad Hammad Azhar here today. Special Assistant to the Prime Minister on Power and Petroleum, Mr. Tabish Guhar was also present during the meeting. The Minister for Energy reiterated Pakistan strong desire to further cement the existing bilateral relations between the two brotherly countries.…
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Vietnam is experiencing a solar boom, with 11.6 GW of power of this kind added to the national grid last year, according to the International Renewable Energy Agency. Only 105 MW of solar electricity was installed in the country in 2018, and the figure rose to 5 GW in only a year later, and even to 16.5GW in 2020, the…
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The policies followed by governments in the power sector after 1977 have greatly damaged the countryโs economy. Shortage of electricity and high cost affected all sectors. Our country โ having a hydroelectric potential of 100,000MW, and 87 known projects capable of producing 65,000MW of cheap and non-polluting energy โ has been relying only on thermal sources, largely imported. Pakistanโs installed…
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