Month: April 2020

World’s 11th-Largest Economy Hearts Renewable Energy One key state is New York State, which by some measures would be the world’s 11th-largest economy if it was an independent country. On Friday, April 3, New York announced the passage of enabling legislation for its new clean power plans. If that date rings a bell, April 3 is the same day that seven top oil and gas executives went to the White House to discuss the plight of their industry. If that’s not a clapback, nothing is. Along with the now-familiar goal of creating…

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The gas giant Gazprom is no longer in the spotlight after the US Treasury sanctioned Rosneft, the Russian national oil company, most probably triggering the collapse of the OPEC+ agreement and bringing about an unexpectedly low pricing environment for March 2020 within both the oil and gas segments. Having launched Power of Siberia to China, Gazprom is now intent on bringing Nord Stream-2 online before the end of the year, moving its own pipe-laying vessel from the Russian Far East to the Baltic region to deliver on all its major…

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In September 2018, 29-year old college drop out and serial entrepreneur Brandon Timinsky was invited to come visit Pakistan by an old college buddy. At the time, Timinsky was looking for an Asian market to plant himself and his latest idea in. Today, the born and raised Florida man is still in Pakistan, hoping his Fintech project ‘SadaPay’ will change the way banking and money work in Pakistan.  It is a strange thing to think about, an American entrepreneur trying to find a way into Pakistani banking. But Timinsky’s story…

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KARACHI: The National Institute of Cardiovascular Diseases (NICVD) has suggested setting up diagnostic laboratories in containers similar to the ones currently being used by the institute to contain the spread of coronavirus in Sindh. The advice by NICVD Executive Director Professor Nadeem Qamar was given to the provincial government as the number of COVID-19 cases jumped to 932 in the province on Monday. The hospital assured the government that it could provide necessary technical support in setting up the mobile laboratories across 29 districts of the province, similar to the mobile chest pain…

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Brazil’s energy minister said on Monday that it would attend the G20 meeting of oil ministers that Saudi Arabia is trying to rally together to cut oil production, Reuters reported on Monday. Saudi Arabia extended the invitation to Brazil on Sunday. The market is skeptical of any production cut deal that doesn’t involve the United States, but Brazil is the oil producer that is expected to be the third-largest growth driver of non-OPEC supply this year behind the United States and Norway. According to OPEC’s February MOMR, Brazil’s production was…

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