Day: March 3, 2021

Australia’s LNG operators are set to approve gas drilling and LNG infill projects worth more than US$10 billion this year in a bid to stay competitive in a very dynamic global marketplace Australian liquefied natural gas (LNG) developers look ready to shrug off a difficult 2020 by significantly boosting spending on major new projects this year. Following slashed capital expenditure and deferred gas project sanctioning last year, Australia’s LNG operators are set to approve gas drilling and LNG infill projects worth more than US$10 billion this year. New projects are…

Read More

Higher tariff simply because of inefficiency is ensuring corruption all the way and we are doomed! We have ensured total collapse of our affordable energy sector. We had natural gas, an economical and eco-friendly source of energy, which we wasted callously and now find no option but to import expensive LNG and yet we refuse to ensure efficient consumption. Whereas efficient systems could reduce both costs and global “weirding” (climate change causing weather-related extremes), we are opting for inefficient and expensive energy, killing most opportunities in this competitive world. How…

Read More

ISLAMABAD: The federal government is likely to extend contract of Saifullah Chattha, Member Nepra Punjab for one year, well-informed sources told Business Recorder. Chattha, who is former Secretary Water and Power, has rich experience in the energy sector and government wants him to stay for another year. The sources said that the Punjab government has prepared a summary for the federal government requesting that the term of Chattha be extended for another year. His four-year term is expiring this week. The sources maintained that as the summary of the Punjab…

Read More

Paris, March 2 (APP – UrduPoint / Pakistan Point News – 2nd Mar, 2021 ) :Global CO2 emissions have returned to pre-pandemic levels and then some, threatening to put climate treaty targets for capping global warming out of reach, the International Energy Agency said Tuesday. Energy-related emissions were two percent higher in December 2020 than in the same month a year earlier, driven by economic recovery and a lack of clean energy policies, the IEA said in a report. “The rebound in global carbon emissions toward the end of last…

Read More