Month: February 2020

National Electric Power Regulatory Authority (Nepra) said on Wednesday that Pakistan’s energy sector is under acute stress of take or pay mode of contract which have long-term implications. Addressing Energy Week, Nepra’s member, tariff, Saif Ullah Chatha said the purpose of the seminar is to provide a platform for interaction and discussion to combat energy challenges. He was of the view that on one side there is cry of capacity trap and surplus energy and on the other still large areas of the country are without electricity. “The reasons of…

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ISLAMABAD: Pakistan has sought the support of the International Atomic Energy Agency (IAEA) to strengthen its nuclear power programme as the country is significantly scaling up nuclear power to meet the rising energy demand. To facilitate the rapid expansion of nuclear power, IAEA has amalgamated four of its pre-existing national technical cooperation projects, which supported the regulators, operators, waste managers and non-destructive testers involved in Pakistan’s nuclear power programme, into a single project, according to a press release of IAEA. IAEA’s streamlined support for Pakistan aimed to expand the nuclear…

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Saudi Aramco is starting early preparations for an international listing, just months after the oil giant turned its record initial public offering into a domestic affair and sidelined global banks, people with knowledge of the matter said. The world’s largest publicly traded company is in discussions with Wall Street banks to draw up scenarios for a second listing overseas, according to the people, who asked not to be identified because the information is private. Aramco wants to be ready to move ahead if Saudi Arabia’s de-facto ruler, Crown Prince Mohammed…

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February 26 2020: Known and respected for his transformational skills in the energy sector over two decades of experience in the industry, the newly appointed Managing Director & CEO of Pakistan State Oil Co. Ltd, Syed Muhammad Taha has taken charge of the company. Speaking about his appointment, Mr. Taha said: “I am truly honoured to lead the country’s largest oil marketing company with utmost devotion. PSO has huge growth potential in fuel & non-fuel retail, as well as in the lubricants segment. I am well aware of the chronic problems…

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ISLAMABAD – A female aerospace engineer from Pakistan is developing a pollution-free engine for airplanes which will reduce global warming and induce artificial rain during flight. Dr. Sarah Qureshi, who holds a Master’s in Aerospace Dynamics and a Ph.D. in Aerospace Propulsion from Cranfield University, UK, is confident that her invention will take the aviation industry by a storm. [Gallery] These 30 women are the most beautiful in the world Easyvoyage Top 5 reasons to live and study in Warrnambool, Australia Deakin University International by TaboolaSponsored Links Pakistani PM Imran…

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