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.
China starts up world’s first fourth-generation nuclear reactor
The fourth generation Shidaowan plant in China’s northern Shandong province is designed to use fuel more efficiently and improve its economics, safety and environmental footprint as China turns to nuclear power to try to meet carbon emissions goals.
NEPRA increase power tariff for December under of FCA
The National Electric Power Regulatory Authority notified Rs 3.0786 per unit increase in power tariff for consumers of XWAPDA power distribution companies (DISCOs) under the fuel cost adjustment mechanism for October 2023.
Prices of petrol kept unchanged
The government kept prices of petrol unchanged at Rs.281.34 and reduced the rates of all petroleum products.
Expected Petroleum product Prices drop by Rs.7 to next fortnightly
Government is expected to give relief in petroleum product prices will be reduced by Rs 7.50 per liter for the next fifteen days.
Emirates world’s first airline to operate A380 demonstration flight with 100% Sustainable Aviation Fuel
Emirates has become the world’s first airline to operate an A380 demonstration flight using 100% Sustainable Aviation Fuel (SAF). Today’s flight, proudly commanded by Captain Khalid Binsultan and Captain Philippe Lombet, took off from Dubai International Airport (DXB) with one of four engines powered on 100% SAF, helping demonstrate its potential as a drop-in replacement that matches jet fuel’s technical and chemical requirements, while being a more sustainable alternative. SAF can reduce carbon emissions by up to 85%* over the fuel’s life cycle when compared to conventional jet fuel.
ADB approve of $250 Million loan for KP, Punjab to Power and dispatch transmission line
The Asian Development Bank has approved $250 million in loans to help deliver reliable electricity in Pakistan by expanding and improving the power transmission network in the country’s Punjab and Khyber Pakhtunkhwa provinces.