November 20, 2020 - Energy Update

No plan yet to take over KE: SAPM

November 20, 2020November 20, 2020 Admin

KARACHI: Special Assistant to the Prime Minister on Power (SAPM) Tabish Gauhar on Wednesday declared that the government was yet to take a decision regarding taking up of the administrative control of the K-Electric (KE). “The government may consider the proposal if the performance of the power supply company (KE) does not improve and Shanghai Electric does not come and invest in it,” he said. The SAPM was speaking to media after addressing an event titled “The Futures Summit” in Karachi. Highlighting the efforts of the government, Gohar said the…

KP Govt To Complete Over 300 Small Dams

November 20, 2020November 20, 2020 Admin

PESHAWAR, (APP – UrduPoint / Pakistan Point News – 18th Nov, 2020 ) :The government of Khyber Pakhtunkhwa would completer construction of 307 Mini Macro Hydro Power Projects (MMHPPs) considering the growing energy needs. “The KP government is fully geared up to continue pursuing the underlying message as spelled out by the then PTI chairman in Swat district in 2014 who expressed strong resolve to construct 350 mini dams in KP to overcome power crisis,” said spokesman of the Pakhtunkhwa Energy Development Organization (PEDO). Talking to APP, he said these…

Three young Pakistani businesses win Shell Global Innovation Prize Share:

November 20, 2020November 20, 2020 Admin

KARACHI-Three Shell Tameer entrepreneurs from Pakistan have each taken home one of the 2020 Shell LiveWIRE Top Ten Innovators Awards, a global competition that rewards businesses that demonstrate excellence in innovation and gives entrepreneurs a chance to shine on a global platform. This year, Shell LiveWIRE has partnered again with Shell Global Commercial to deliver a competition focused on creating a More Liveable World. Three separate award categories within this theme have been identified: Energy Transition, Environment & Circular Economy, and Local Prosperity. The winner of each category took home…

The East African Rift: Realising the Region’s Geothermal Potential

November 20, 2020November 20, 2020 Admin

The East African Rift System (EARS) is one of the largest rifts in the world. Characterised by a spreading crust, the tectonically active region spans 6,400 kilometres in length and up to 64 kilometres in width and runs through several countries in Eastern Africa. The geological attributes of the EARS make it so rich in geothermal energy resources that – if harnessed – could provide a reliable, affordable and indigenous source of renewable energy to help meet the electricity requirements and direct use needs of several countries in the region.…

Why you should care about seabed mining

November 20, 2020November 20, 2020 Admin

We know more about the moon and the surface of Mars than we know about the deep ocean. But increasing demand for rare metals and other valuable minerals could bring industrial-scale prospectors to seafloors off the Western U.S. before the consequences of ocean mining, let alone the nature of the ocean itself, are barely understood. Seabed mining (SBM) is an emerging type of mining for minerals and rare earth metals on the ocean floor. SBM could help meet humanity’s insatiable thirst for essential minerals and theoretically power a “greener” economy.…

LNG reference: Shahid Khaqan Abbasi’s plea for live telecast of proceedings rejected

November 20, 2020November 20, 2020 Admin

ISLAMABAD: An accountability court on Thursday rejected former prime minister Shahid Khaqan Abbasi’s plea seeking live telecast of LNG terminal case proceedings. PML-N leader Shahid Khaqan Abbasi had filed a petition in the accountability court and requested live coverage of the LNG reference against him and others by the NBA. Abbasi, former finance minister Miftah Ismail, former managing director of the Pakistan State Oil (PSO) Sheikh Imranul Haq, ex-chairperson of the Oil and Gas Regulatory Authority (Ogra) Uzma Adil and others were named in the reference. On Nov 16, the…

Of demand and austerity

November 20, 2020November 20, 2020 Admin

Growth in the petroleum industry has gradually moved from positive to negative over the last four years. Product-wise overall growth that recovered post FY16 has been falling in the last two fiscal years. FY20 has been the weakest year in terms of year-on-year growth that stood at -20 percent as per SBP’s Annual Report for FY20 released yesterday. Year-on-year growth in individual key fuels has been catching up with the overall trend where FY20 saw all petroleum products including petrol (or Motor Spirit) incurring a negative growth rate. This is…

Luxembourg to set up Europe space mining centre

November 20, 2020November 20, 2020 Admin

In collaboration with the European Space Agency (ESA), Luxembourg aims to make the centre an internationally recognized entity of expertise for scientific, technical, business and economic aspects related to the use of space resources, including water on the moon, and metals and minerals in asteroids. The centre, based in Luxembourg, is also expected to contribute to economic growth by supporting commercial initiatives and start-ups, offering a business incubation component and enabling technology transfer between space and non-space industries. The tiny European nation is one of the euro zone’s wealthiest countries…

Sindh govt’s palm oil project to be a game changer: Murtaza Wahab

November 20, 2020November 20, 2020 Admin

The Sindh government announced on Wednesday the successful completion of its ground-breaking pilot project to extract palm oil from the indigenous plantation of oil palm trees in the Thatta district. It said the pilot project successfully completed by its Environment and Coastal Development Department had shown that the coastal strip of the country had the capability of growing oil palm trees. Environment and Coastal Development Adviser Barrister Murtaza Wahab visited the newly established mill in the Ghulamullah Town of Thatta for extracting palm oil from the nearby oil palm tree…

Pakistan and India to witness prolonged, harsh winter this year, experts say

November 20, 2020November 20, 2020 Admin

Pakistan and India are likely to witness a prolonged winter this year, global environmental experts have predicted. According to the Indian meteorology and climate change organisation Skymet Weather’s vice-president Mahesh Palawat, winter in Punjab, Northern Sindh, and Northern Balochistan may be longer and more severe this year. He said that historically, winter during the La Niña years are harsher and longer in duration, adding that a similar situation was witnessed in 2011 and 2012. La Niña refers to the periodic cooling of ocean surface temperatures in the central and east-central…