Year: 2020

t’s been a busy month for oil markets, with a build-up of bearish news sending oil prices crashing at the start of the month, only for prices to rally again this week. A combination of outages from Hurricane Sally, a drawdown in oil storage, and high compliance from OPEC is responsible for the rebound. For Global Energy Alert members there are now two new free reports available in your dashboard. The first of these reports is on how to interpret stock charts and the second outlines the three biggest mistakes made by traders today. Make sure you become…

Read More

Inviting Chinese popular tea brands to explore Pakistan’s tea market, Dr Sajid Khursheed, a doctorate from Beijing, has reckoned that the Pakistanis, especially youths, were very fond of drinking tea. “There is big potential for Chinese investors in Pakistan’s tea market,” he declared while participating in a TV talk show of CPEC Face to Face at the China Economic Network Television on the subject of China’s milk tea craze. “Pakistan people love tea and have a long history of tea culture”, Dr Sajid Khursheed, a teacher at the Canadian International School in…

Read More

Pakistan will start manufacturing solar panels and lithium batteries of busses locally. The solar panel indigenous production is expected to start within 18 months. According to the information shared by the Federal Minister for Science & Technology, Fawad Chaudhary, the buses to be run on batteries will also be made in Pakistan. The Chinese companies are all set to establish solar panel manufacturing plants in Pakistan and another major Chinese battery maker will set up a lithium battery manufacturer in Pakistan.

Read More

A major effort to develop and deploy clean energy technologies worldwide is urgently needed to meet international energy and climate goals, particularly in order to reduce carbon emissions from areas beyond the power sector such as transport, buildings and industry, according to a new IEA report released today. With global carbon emissions at unacceptably high levels, structural changes to the energy system are required to achieve the rapid and lasting decline in emissions called for by the world’s shared climate targets. The IEA’s Energy Technology Perspectives 2020– the first core ETP report for…

Read More

The comprehensive development deal between Pakistan and China (CPEC) not only creates strategic and economic connectivity between these two countries but also has the potential of integrating other regional and extra-regional countries, and could play a key role in improving the economic and security environment. The project is being considered a vital component in realizing the prospective of regional connectivity and improving trade with regions like Central Asia, Africa, the Middle-East, and Europe. From a strategic perspective, the CPEC will bring many benefits to China and one of them is the development…

Read More