LUMS Hosts 2nd Symposium on Battery Electric Vehicles in Pakistan
LUMS hosted the 2nd Symposium on Battery Electric Vehicles (BEVs) in Pakistan in collaboration with the Higher Education Commission (HEC) Pakistan, World Bank, and the International Finance Corporation (IFC). Focused on ‘Accelerating the Electric Mobility Transition in Pakistan’ this year, the symposium brought together senior leaders, policymakers, academics, and industry experts. The event featured distinguished speaker sessions and panel discussions on progress, challenges, and ways for electrification of transportation in the country in line with global trends.
Pakistan’s oil refineries ready for implementation of Brownfield Refinery Policy
In a significant move towards bolstering Pakistan’s energy security and economic development, three major oil refineries – Attock Oil Refinery, National Oil Refinery, and Pakistan Oil Refinery – are poised to ink an agreement with the Oil and Gas Regulatory Authority (OGRA) under the Brownfield Refinery Policy.
Petrol and HSD prices up by Rs 4.53, Rs 8.14 per liter
The government announced an increase in the price of petrol by Rs 4.53 and the price of high speed diesel by Rs 8.14 per liter in line with the trend of oil prices in the international oil market.
Qatar Fund keen to increase footprint in Pakistan’s power, housing sectors
Chief Executive Officer, Qatar Fund for Development (QFFD), Khalifa bin Jassem Al-Kuwari showed his interest in increasing the footprint of the fund in Pakistan’s power generation and housing sectors.
Energy Summit: Insurance promotes investment in energy sector
Experts highlighted the critical importance of insurance for the sustainable development of multiple energy resources, including power, oil, and gas, aimed at promoting investment opportunities, innovations, and efficiencies within the sector in Pakistan.
Renewable energy policy 2006 Why to curtail wind power projects despite tariff of PKR 14.7/KWH
Mr. Atif Ikram Sheikh, President FPCCI, has expressed his profound concerns that the renewable energy policy 2006 is not being implemented in letter & spirit as costlier and obsolete power projects are still being given preference – while it makes no economic sense to purchase power for the national grid from costlier plants in these times of stagflation, mounting circular debt and burgeoning balance of payments (BoP) & depleting foreign exchange reserves (FER) even further through importing furnace oil.
OGDCL, ISGS agree to collaborate for SUGS project
The Oil and Gas Development Company Limited (OGDCL) and Inter-State Gas Systems (Private) Limited (ISGS) have agreed to collaborate for the development of the Strategic Underground Gas Storage (SUGS) project to address the challenge of surplus gas management in Pakistan.
Mobilink Bank’s “Change to Sustain” program drives sustainability with PKR 2.5 Billion
Mobilink Bank, a leader in digital financial services, launched its sustainability program, “Change to Sustain,” signaling a step forward in its journey towards operational transformation and promoting environmental stewardship within the banking sector.
Governor Punjab Inaugurated Pakistan Sustainability Week Mega Event at Expo Centre Lahore
Pakistan Sustainability Week (PSW) alongside Solar Pakistan – 14th International Renewable Energy Exhibition and Electricity Pakistan – 7th International Exhibition for Energy, Storage and Power Industry organized by Fakt Exhibitions (Pvt.) Ltd. opened its doors on 27th February 2024 at Expo Centre Lahore.
Global Thought Leaders Convene at Inaugural Energy Summit 2024
Leading international and local experts in the energy, power, infrastructure, risk management, and insurance sectors are set to gather for the groundbreaking Energy Summit 2024, hosted by Fidelity Insurance Brokers/Lockton in Karachi on March 5. The summit aims to promote dialogue, knowledge sharing, and networking, addressing key challenges and opportunities in the energy and insurance sector.