Day: April 23, 2020

[8:30 PM, 4/23/2020] Naeem Energy Update: Pakistan lacks guidelines for running a special system to safely dispose of infected trash and clinical waste being generated by the isolation and quarantine centres and hospitals across the country where the patients of Covid-19 are being kept and treated as this issue could create a serious health and environmental emergency in the country. This was one of the major concerns expressed by the concerned environmental activists who participated via the video-link in the virtual conference held by Central Standing Committee on Environment of…

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The federal government has decided to give charge of a high profile probe related to irregularities in the power sector to retired justice Ejaz Afzal Khan, sources informed on Thursday. The sources said a formal announcement in this regard will be made within the next few days. It is pertinent to mention that the former judge was a part of the Supreme Court bench which heard the Panama Papers case. He had retired two years ago. Earlier, an inquiry committee probing losses in the power sector had provided a report…

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With pollution levels in Europe plummeting as millions of people are forced to remain indoors under the COVID-19 lockdown, cities are gradually seeing more animals and birds becoming bolder. The nesting season has gathered pace and birds stand to benefit most from the quieter parks and streets. There’s currently no shortage of ideas for how to spend those hours locked inside, so why not add birdwatching to the list! Euronews spoke to Mya-Rose Craig, a 17-year-old ornithologist based in the UK but also known as ‘Birdgirl’. Born in 2002, she…

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The US energy sector is now roughly half the size of Microsoft as plummeting prices put pressure on shares of oil producers. The combined market capitalization of energy companies in the S&P 1500 energy sector is $700 billion, compared with Microsoft’s $1.4 trillion market cap, Bespoke Group first reported on Monday. The beleaguered energy sector’s total value also sits just over half of Amazon and Apple, both of which are valued at about $1.2 trillion. Bespoke Group Read more: A top strategist for JPMorgan’s $2 trillion asset management arm shares his 4-part strategy for a coronavirus recovery – and breaks…

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Washington: The oil and gas industry shed nearly 51,000 drilling and refining jobs in March, a 9 per cent reduction that is likely to get worse as futures prices fell into negative territory. March’s job losses rise by 15,000 when ancillary jobs such as construction, manufacturing of drilling equipment and shipping are included, according to BW Research Partnership, a research consultancy, which analyzed US Department of Labor data combined with the firm’s own survey data of about 30,000 energy companies. “We’re looking at anywhere between five and seven years of…

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