American businessmen meet PM Imran

Prime Minister Imran Khan has said removing hurdles to business activities and providing a conducive environment to the business community is among the top priorities of his government. “The federal government announced to give concessions to the construction sector [in the wake of coronavirus pandemic] so that the construction sector and other businesses associated with it may thrive,” Imran said…

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Oil Prices Unchanged as PM Rejects Price Hike

The federal government on Monday announced keeping oil prices unchanged for a fortnight effective September 1, 2020 (today) after Prime Minister Imran Khan turned down recommendations of the Oil and Gas Regulatory Authority (Ogra), petroleum and finance divisions to increase the prices of petroleum products, citing high food inflation faced by the people. The government switched from monthly to a…

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Mexico’s Oil Major Pemex Ignores Investor Calls To Curb Emissions

Mexico’s state oil firm Pemex is not planning a shift toward curbing carbon emissions or green energy, as Mexican President Andrés Manuel López Obrador continues to bet on oil exploration and a new domestic refinery to make the country energy independent and reverse the years-long decline in oil output, Reuters reported, citing government and company sources. López Obrador, a leftist…

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WAPDA hydel generation surpasses 8500 MW for first time 8757 MW delivered to National Grid during peak hours

Electricity generation of hydel power stations owned and operated by Pakistan Water and Power Development Authority (WAPDA) surpassed 8500 megawatt (MW) mark for the first time in Pakistan, as WAPDA provided 8757 MW of electricity to the National Grid during peak hours the other day. Previously, the record of hydel power generation was 8474 MW delivered to the system on…

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Mangla, Tarbela dams filled to maximum capacity Record 13.336 MAF water available in dams; good omen for agriculture, hydropower

The two mega water reservoirs of Mangla and Tarbela have been filled to their maximum capacity last night, resulting in the record availability of water in the two dams, which is being regarded a good omen for agriculture and hydel power generation in Pakistan in the days to come. The cumulative quantum of water available at present in Mangla and…

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Tesla Thwarts Serious Cyberattack On Nevada Gigafactory

Tesla’s Gigafactory in Nevada was a target of attempted and thwarted cyberattack, Elon Musk said, describing the attempt as “a serious attack.” Musk confirmed there was an attempted cyberattack, in reply to an article tweeted by Teslarati, which described how a Russian national had contacted an unnamed Russian-speaking, non-US citizen working at Tesla’s Gigafactory Nevada, offering to pay him US$1…

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Australia Looks To Take The Lead In The Hydrogen Boom

Over the past decade, the European Union has widely been viewed as being ahead of the renewables curve, and it recently-launched new hydrogen strategy has only served to cement its credentials. The EU has a highly ambitious plan to install 40 gigawatts of electrolyzers within its borders and support the development of another 40 gigawatts of green hydrogen in nearby countries by…

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While U.S. Pipelines Are Under Siege, China Streamlines Its Oil and Gas Network

While pipelines in the United States face increasingly hostile legal challenges, China is seeing the importance of a national oil and natural gas pipeline network and is buying pipelines and storage facilities valued at 391.4 billion yuan ($55.9 billion). PipeChina was created in December 2019 to consolidate pipeline assets from the country’s state-owned oil and gas companies, as part of…

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