Day: January 11, 2021

ISLAMABAD: As many as five candidates, including one top former bureaucrat, are in the race for the position of Oil and Gas Regulatory Authority (Ogra) chairman. Initially, a special committee, headed by close aide of Prime Minister Imran Khan, had shortlisted 24 candidates. After interviewing these candidates, the committee has shortlisted five candidates including former secretary Dr Tanvir Qureshi. Officials familiar with the development said that the Cabinet Division would seek clearance of the shortlisted candidates from the intelligence agencies. Earlier, the special committee had also undergone a process of…

As the outlook for oil is uncertain for 2021, following a turbulent 2020, companies look toward new technologies and innovation to drive the industry forward. From Houston to Scotland, we are seeing more and more firms come up with innovative solutions for the digital transformation of oil; with some unexpected companies getting involved in the $3.3 trillion global energy industry. As thousands lost their jobs across the oil industry in 2020, it became clear that energy companies had to embrace change, to modernize oil strategies continuing into the new decade.…

With climate change and resource scarcity looming, the global green technology sector is leading the charge to create a cleaner energy future. Green technology (greentech) is a broad term for innovative companies that are working toward carbon-neutral solutions for a sustainable planet. In tandem with its historically hydrocarbon-powered economy, the UAE is now a pioneer in energy diversification, launching some of the world’s most innovative solar, wind and waste-to-energy projects. Home to a growing population and rising energy demand, the UAE is leveraging its abundant renewable resources and global technology…

 Naturally blessed with enormous hydropower resources, Khyber Pakhtunkhwa is a unique province where 30,000 megawatt (MW) of hydropower potential has been identified that could easily meet the energy demands of domestic, agriculture and industrial sectors besides making Pakistan energy surplus. Out of 30,000mw hydropower potential identified by the KP Energy Department, only 6,000mw (33,000 Gigawatt hours (GWh) having generation cost of Rs63 billion) has been generated so far and approximately 10,000mw is in different stages of implementation with potential to generate about Rs100 billion revenue annually whereas 14,000mw still remain…

The National Transmission and Despatch Company (NTDC) has announced that it will install anti-fog disc insulators at Port Qasim, Karachi. The move comes after the electricity distributor faced severe criticism in the past 72 hours following tripping of some power plants and a few 500-kilovolt transmission lines. This is not for the first time that the NTDC is feeling the pain from tripping of the main 500kv and 220kv transmission lines, which resulted in prolonged power outages in Punjab and the federal capital. MINISTER DIRECTS NTDC TO RECTIFY FAULT SWIFTLY…