China’s Cheap Electric Vehicles Could Disrupt Global Markets

While Western automakers race to capture market share in the world’s biggest electric car market, China, hundreds of Chinese electric vehicle (EV) makers have sprung up in recent years to snag a piece of the EV pie too.  close [x]PauseUnmuteLoaded: 0%Progress: 0%Remaining Time -0:45Fullscreen Government support to the Chinese EV industry and China’s ambitions to have new energy vehicles (NEVs) sales…

Read More

NA Speaker will be chief guest in CSR Award on Jan 22

National Assembly Speaker Asad Qaiser and Federal Minister Ali Zaidi , Dr Zafar Mirza   on Heath  will jointly give awards to 60 leading companies of Pakistan for showing excellence in the arena of Corporate Social Responsibility (CSR) at a ceremony in Islamabad on January 22nd, 2020.The awards will be given at the conclusion of 12th Annual CSR Summit-2020 being organized…

Read More

The Single Biggest Factor In Oil This Week

Oil prices regained a bit of ground at the end of the week on optimism surrounding the Phase 1 U.S.-China trade deal. At the same time, China reported some downbeat economic data that points to a slowdown.close [x]PauseUnmuteLoaded: 0%Progress: 0%Remaining Time -1:20Fullscreen (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge) (Click to enlarge)

Read More

Trans Mountain Expansion Scores Big Win In Court

Canada’s Supreme Court has dismissed an appeal by British Columbia that aimed to stop work on the controversial Trans Mountain pipeline expansion project, Bloomberg reports, adding that the decision to dismiss the case was unanimous. “We are all of the view to dismiss the appeal for the unanimous reasons of the Court of Appeal for British Columbia,” the Chief Justice of Canada said after…

Read More

Gas Deliveries At Sabine Pass LNG Plant Fall Due of Fog

A dense fog in the area of the Sabine Pass LNG facility in Louisiana has suffered reduced supplies of natural gas and limited tanker movement, S&P Global Platts reports, adding that the problem could continue throughout the weekend. The disruption comes amid subdued demand for LNG from Asia combined with increased supply. However, Cheniere Energy this week reaped the benefits of…

Read More

Turkey to start Mediterranean gas exploration ‘soon’

Turkey will start exploring for gas in the eastern Mediterranean this year, President Recep Tayyip Erdogan vowed Thursday, after signing a maritime deal with Libya. “We will start search and drilling activities as soon as possible in 2020 after issuing licences for the areas,” Erdogan said during a two-hour speech in the capital. He added that Turkey’s seismic exploration vessel…

Read More

Int’l Conference on LNG on Jan 31 2020 Islamabad

Special Assistant to Prime Minister on Petroleum Nadeem Babar will inaugurate a daylong conference on Liquefied Natural Gas (LNG) at a hotel in Islamabad on January 31st, 2020 with special focus on countrywide gas shortfall amid severe spell of cold weather. The Energy Update, which has to its credit 10 editions of Power Generation Conferences and four International Wind Energy…

Read More