Energy

Roadshow in Bangkok for Pakistan’s 300-MW floating solar plants

Roadshow in Bangkok for Pakistan’s 300-MW floating solar plants

Pakistan will hold a roadshow in Bangkok on January 29 to attract investment for the 300-megawatt floating solar plants project to be executed at the Tarbela-Barotha Complex sites.

Four Exploration Companies will be investing over USD 33.3 Million

Four Exploration Companies will be investing over USD 33.3 Million

PPL, OGDCL, POL and UEP have taken exploration licenses of eight blocks to discover hydrocarbon reserves in three years

Azerbaijan’s SOCAR delivers to be second shipments of LNG in February

Azerbaijan’s SOCAR delivers to be second shipments of LNG in February

The government announced securing the second LNG cargo from the State Oil Company of the Azerbaijan Republic (SOCAR) under the Government-to-Government Framework Agreement between Pakistan LNG Limited (PLL) and SOCAR.

Majid Al Futtaim Installs Solar Energy in Flagship Carrefour Store in Pakistan to Reduce Carbon Footprint

Majid Al Futtaim Installs Solar Energy in Flagship Carrefour Store in Pakistan to Reduce Carbon Footprint

Majid Al Futtaim, which owns the exclusive rights to operate Carrefour in Pakistan, announces the integration of solar energy into its flagship Carrefour store in the country, located in the Fortress Stadium, through a signed 950KW agreement with Maspro Energy (Pvt) Ltd. This marks its first solar powered store, serving as a testament to the company’s efforts towards a more sustainable future.

Petroleum products prices to drops by of Rs. 8

Petroleum products prices to drops by of Rs. 8

The government announced a reduction of Rs 8 in the price of petrol, now the price of petrol was fixed at Rs 259.34. Before, the price of petrol was Rs 267.34, which the government has reduced the price by Rs 8, which will be effective from January 16, 2024, statement issued by Ministry of Finance.

Federal Government. and KE  signs between on renews various agreement

Federal Government. and KE signs between on renews various agreement

Federal Government. and KE signs between on renews various agreement

Russia’s Gazprom break the daily record for gas supply to China

Russia’s Gazprom break the daily record for gas supply to China

Russian energy giant Gazprom said it set a new daily record the previous day for gas supplies to China through the Power of Siberia pipeline.

US become the world’s biggest exporter of LNG: Bloomberg 

US become the world’s biggest exporter of LNG: Bloomberg 

The United States has become the world’s biggest exporter of liquefied natural gas (LNG) for the first time, with 2023 shipments overtaking leading suppliers Australia and Qatar.

Wapda generated 34 Billion units from Hydel energy in a year

Wapda generated 34 Billion units from Hydel energy in a year

The outgoing year 2023 has been a satisfying year for hydropower and water sectors in Pakistan as Wapda generated about 34 billion units of low-cost, clean and green hydel electricity, which is 2.2 billion units more than that of the last year.

Oil prices to drop down by 3% as Red Sea Shipping disruptions ease

Oil prices to drop down by 3% as Red Sea Shipping disruptions ease

Oil prices fell 3 percent as more shipping companies said they were ready to transit the Red Sea route, easing concerns about supply disruptions as Middle Eastern tensions stay elevated.