Month: January 2020

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 account for a quarter of car sales in 2025 means that the Chinese authorities want the EV industry in the country to flourish—and some think this ambitious target would require…

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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 by National Forum for Environment and Health (NFEH) at a hotel in Islamabad.  Special Assistant to Prime Minister on Poverty Alleviation and Social Protection Dr Sania Nishtar will inaugurate the…

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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)

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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 the presentation of arguments. British Columbia’s government is a staunch opponent of the Trans Mountain pipeline expansion on the grounds that it will increase the risk of spills and leaks…

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After years of declines in crude oil production, one of OPEC’s largest African producers, Angola, is finally about to see its production rising in the coming years, with several new projects coming online. Italy’s oil and gas major Eni said on Friday that it had started up the Agogo oilfield just nine months after its discovery, with the project timeline facilitated by the nearby Floating Production Storage Offloading (FPSO) Ngoma, which lies just 15 kilometers (9 miles) away from the Agogo field. The Agogo field is estimated to have more than 650…

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