SICPA Pakistan wins award

KARACHI: SICPA Pakistan has won the 13th NFEH (National Forum for Environment & Health) International CSR Award in the category of “Best Practices in CSR”, a statement said on Wednesday. Chaudhry Muhammad Sarwar, governor of Punjab, and Dr Sania Nishtar, special assistant to the prime minister on Poverty Alleviation & Social Protection, attended the ceremony along with other guests, it added. SICPA Pakistan was conferred with the award by NFEH based on its performance in undertaking CSR initiatives, its employees’ involvement in CSR activities, energy conservation, environmental audits, customer complaints,…

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Public-private Partnership In Energy Sector An Excellent Proposition

ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 24th Mar, 2021 ) :Adviser to the Chief Minister Khyber Pakhtunkhwa on Energy and Power, Himayat Ullah Khan Wednesday said public-private partnership in energy sector was an excellent proposition. The Hydro projects were environmental-friendly and create good socio-economic impacts besides being cost-effective. Thus, it makes hydro-projects suitable, especially for poverty-stricken province like Khyber Pakhtunkhwa, he added. He said this while sharing his views with the participants at public private dialogue ‘Potential of renewable energy and hydropower development in Khyber Pakhtunkhwa: Opportunities…

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Russia, An Oil Giant, Goes Big On Timber

Vologda, Russia, (APP – UrduPoint / Pakistan Point News – 24th Mar, 2021 ) :In a dense forest northeast of Moscow, logging machines cut down rows of trees as Russia taps foreign demand for its wood as part of efforts to reduce its dependence on oil exports. Nowhere is this more evident than in Vologda, a region 500 kilometres (310 miles) northeast of the Russian capital, where forests of birch and pine stretch as far as the eye can see. Tracked vehicles equipped with booms that can grab and cut…

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Anger As UK Fails To Rule Out Further North Sea Drilling

London, (APP – UrduPoint / Pakistan Point News – 24th Mar, 2021 ) :The British government on Wednesday angered environmentalists by saying it could license further oil and gas drilling in the North Sea, months before it hosts a climate change summit. The government made the announcement as it unveiled a new “North Sea Transition Deal”, aimed at helping lower carbon emissions in the energy sector. The deal says the UK will grant licences for further oil and gas drilling only if “they are compatible with the UK’s climate change…

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Canada’s Oil & Gas Mergers Hit Record $18 Billion So Far This Year

Canada’s energy industry saw a record US$18 billion worth of mergers and acquisitions year to date, data showed on Tuesday, while analysts predict 2021 will be a bumper year for M&A in the Canadian oil and gas industry. According to data from Dealogic, cited by Reuters, energy deals in Canada between the start of 2021 and March 18 totaled US$18 billion, the highest combined value of energy deals in more than 25 years. Moreover, Canadian energy deals accounted for 16.2 percent of the global M&As between January 1 and March…

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