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.
Adil Aziz
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
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
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.
Mehfooz
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.
Editor
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.
Russia finding new markets to exports oil
Russia has redirected its oil exports from Europe to China and India, Deputy Prime Minister Alexander Novak said almost two years after Moscow was hit by Western sanctions over the Ukraine conflict.
LUMS Energy Institute Launches research report on Pakistan’s energy sector
The LUMS Energy Institute (LEI), a research and capacity building centre with a focus on Pakistan’s energy sector, has unveiled a report titled Sustainable Architecture: Advancing Energy Efficient Buildings. The report addresses the acute energy challenge and how adopting energy-efficient practices in residential construction can drastically reduce loads.
Govt.’s to assures uninterrupted gas to the fertilizer plants
Caretaker Minister for Petroleum Muhammad Ali said the government was committed to ensuring uninterrupted gas supply to all fertilizer plants throughout the current winter season to maximize fertilizer production.
Czech companies keen for collaboration in Pakistan’s mining, energy, chemical sectors: Envoy
Ambassador of the Czech Republic to Pakistan Ladislav Steinhübel said Czech companies were looking for collaboration in Pakistan’s diverse sectors including mining, energy and chemical.