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News & Announcement


Coal-based power generation jumps 95pc in 2019

KARACHI: Coal-based electricity generation jumped 94.5 percent to 2,030 GWh in the year to November 2019, taking its share in


Goldman: China Coronavirus Could Push Oil Down By $3

The outbreak of a coronavirus in China that is now an international threat could cut oil demand by 260,000 bpd,


Libya’s NOC Confirms It Virtually Lost All Of Its Oil Production

Libya’s National Oil Company has confirmed that is has lost virtually all of its oil production, at 1.2 million barrels


Guyana Officially Becomes Oil Exporter

The world’s newest oil frontier, Guyana, has officially shipped its very first batch of crude oil on Monday, according to


IMF Cuts Saudi Arabia’s Growth Outlook Due To OPEC+ Oil Cuts

Saudi Arabia’s economy is expected to grow by 1.9 percent this year, the International Monetary Fund (IMF) said on Monday, revising down


Alberta’s Oil And Gas Company Tax Debt Balloons To Double The Size

Tough times are continuing for Alberta’s oil and gas country, with the amount of unpaid property taxes that oil and


EIA Sees Lower Brent Prices On Fading Geopolitical Risk

Barring a major lengthy supply disruption, Brent Crude prices will average US$62 a barrel in May, lower than the current


Speakers call for awareness raising campaigns to fight wildlife crime

Karachi 22 October: ‘Youth can become catalysts of change and help conserve the diminishing wildlife species of Pakistan and their habitats.


Global Waste to Grow by 70 Percent by 2050 Unless Urgent Action is Taken: World Bank Report

WASHINGTON, September 20, 2018—Without urgent action, global waste will increase by 70 percent on current levels by 2050, according to


Who’s afraid of renewable?

For some reason, there is a lot of apprehension against introducing more renewable energy sources in Pakistan. Pakistan’s new Alternative


U.S. Extends Chevron Venezuela Sanction Waiver

The United States Treasury Department granted Chevron another three-month sanction waiver to continue operating in Venezuela, Reuters reported Sunday, with the expiry


At Least Five Dead In Nigerian Oil Pipeline Explosion

At least five people died and dozens of others were rushed to hospital late on Sunday after an oil pipeline

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