In dollar terms, petrol and diesel prices have come down over the last four to five months, although international prices have increased over the same period. On February 15, Pakistan’s petrol prices were at $0.729 per litre and diesel prices at $0.703 per litre and on July 12, prices came down to $0.707 per litre for petrol and $0.715 per…
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To solve mysteries of the universe, scientists use powerful particle accelerators and detectors. These enormous machines generate millions of particle collisions and petabytes of data every second. The sheer amount of data outpaces the rate at which the detector can transfer it — a growing problem with even more advanced experiments on the horizon. The U.S. Department of Energy awarded…
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The government is making all-out efforts to increase the share of renewable energy in the electricity generation by 30 per cent in the next 10 years, a senior government official said on Wednesday. Talking to German Ambassador to Pakistan Bernhard Schlangheck, who called on him, Federal Minister for Energy Hammad Azhar appreciated the recent signing of the implementation agreement for GIZ Pakistan’s…
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In an alarming development, the local gas production in the country has tumbled by 10 per cent in 2019-20 to 2,138 BCFD (billion cubic feet gas per day) from 2.379 BCFD last year (2018-19) whereas the gas consumption has declined by 6 per cent to 3,714 MMCFD from 3,969 MMCFD during the same period. According to the OGRA’s State of…
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The consumption of petroleum products in the power sector declined 43 per cent, whereas the demand and supply gap between gas production and consumption is likely to increase three times in the next 10 years. According to a report “State of the Regulated Petroleum Industry 2019/20”, released by the Oil and Gas Regulatory Authority (Ogra), the oil sector of the…
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Media reports said that the Oil and Gas Regulatory Authority (OGRA) has forwarded a summary to the government, suggesting an increase by Rs11.5/litre in petrol price and Rs2.40 in high speech diesel price for remaining days of the running month. The regulatory body has proposed Rs1.40 increase in light speed diesel’s price and Rs1.5/litre in kerosene oil price The final…
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Thar Foundation and Human Development Foundation (HDF) have signed a Memorandum of Understanding (MoU) to empower Thari women and promote girls’ education and biosaline agriculture in selected areas of district Tharparkar. Under the MoU, Thari women shall be trained to operate Reverse Osmosis (RO) Plants and provide transport to promote girl’s education, and make grants to poor farmers to install…
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Pakistan’s leading telecommunication and ICT services provider — Pakistan Telecommunication Company Limited (PTCL) — has announced its financial results for the first half ended June 30, 2021, at its Board of Directors’ meeting held in Islamabad on July 14, 2021. PTCL Group delivered a strong financial and operational performance as it reported 8707% or 87x increase in profits during the…
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The National Electric Power Regulatory Authority (Nepra) on Monday slashed power tariff by 26.44 paisa per unit on account of fuel cost adjustment for the month of May 2021. It allowed the Central Power Purchasing Agency-Guarantee (CPPA-G) to return 26.44 paisa per unit, which it had overcharged from electricity consumers during the month of May. The CPPA-G had requested Nepra to allow…
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Iran is ready to deliver more electricity to Pakistan and necessary infrastructure in this regard is being built, announced Iranian Ambassador to Pakistan Seyed Mohammad Ali Hosseini. During a meeting with Federal Minister for Energy Muhammad Hammad Azhar, matters relating to cooperation between the two countries in the energy sector came under discussion. Highlighting the importance of Iranian electricity import…
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