Category: Recent Post

Energy storage is an integral part of renewable energy utilization. The development of innovative energy storage solutions that can allow for round-the-clock zero-emissions power has driven up the popularity of these solutions on capital markets. In recent years, the levelized cost of energy (LCOE) for renewable energy power generation and industrial energy storage has fallen significantly, making it a highly…

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The company is negotiating with government authorities to find an alternate buyer as previously the gas was being supplied to GENCOs for gas-based power generation, PPL told analysts at a brief. “Kandhkot gas field is currently producing 80mmcfd of gas whereas 120mmcfd of gas is idle despite the fact that country is facing acute gas shortage,” Farhan Mahmood, Head of…

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Karachi (PR): Mian Nasser Hyatt Maggo, President FPCCI, has expressed his deep concerns over the approach of the government for not taking the apex business, industry and trade body of Pakistan into the consultative process over mini budget; and, what will it entail! This effectively keeps all the stakeholders out of loop, he added. FPCCI President said that there are…

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Nov 26 – Oil prices plunged more than 10% on Friday, the largest one-day drop since April 2020, as a new COVID-19 variant spooked investors and added to concerns that a supply surplus could swell in the first quarter. Oil fell with global equities markets on fears the variant could dampen economic growth and fuel demand. Britain and European countries…

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The Petroleum Division has finalised winter seasonal plan for uninterrupted gas supply to the domestic sector by curtailing supply to the CNG stations and the general industry (non-export) from December 1 to January 15, 2022. In December 2021, the domestic and commercial sector supply will be around 948 mmcfd, in January it will raise to 1,048 mmcfd, and the gas…

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In an apparent bid to meet rising gas demands during this winter season, energy minister Hammad Azhar has advised a state-owned gas utility to completely stop issuing new demand notice/proposal letters in respect of domestic gas connections. According to sources, Federal Minister for Energy, Hammad Azhar has strictly advised Sui Northern Gas Pipelines Limited (SNGPL) to completely stop issuing new…

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About 10% ($1.5 trillion) of China’s gross domestic product (GDP) is contributed by its blue economy. Thus, the sector, and especially shipping, has served as an engine of development for several countries. Our Quaid also had a vision of establishing a fleet of 100 ships and economic independence for Pakistan. This article is an attempt to take stock of where…

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A WEEK after the blaze, stench and despair marked the environment as one visited the Cooperative Market in downtown Saddar. Workers were busy moving the remains from the gutted shops, while the owners were busy filling out loss assessment forms. The leaping flames extinguished life for close to 400 shops within hours. The cause of fire and reasons for the rather…

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Pakistani businessman Nawabzada Kalam Ullah Khan had been planning to swap his family’s petrol-powered cars for electric models for years. But it wasn’t until a set of massive tax cuts came into effect in July that the 29-year-old from Pakistan’s capital Islamabad finally put in an order for two electric cars. “Someone has to take the initiative to switch to…

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A sub-committee of the federal cabinet on Energy headed by Planning and Development Minister Asad Umar Thursday announced to shut gas supply to CNG sector in order to overcome shortages to household consumers, ARY NEWS reported. During the meeting headed by Asad Umar, a detailed briefing was given on demand and supply of gas in the winter season along with…

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