Earlier this year, Shi Zhengli flatly denied allegations that the Wuhan Institute of Virology conducted studies with the Chinese military after she was accused by the US of carrying out risky experiments with SARS-like coronaviruses of bat origin. Shi Zhengli, the deputy director of Сhina’s Wuhan Institute of Virology (WIV), has warned that the world should brace itself to coexist…
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Tap water is thousands of times better for the environment than bottled water, according to scientists. In fact, it takes three times as much water to produce a plastic bottle as it can hold. This might not come as a surprise but researchers at the Barcelona Institute for Global Health (ISGlobal) have crunched the numbers to work out just how…
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I’m sure some of you are armed for a fight, just by reading my headline. Let me cut to the punchline: yes. But not for the reasons you may think. Let’s take a walk down memory lane. According to the U.S. Energy Information Administration, in 2010, electric utilities in America generated 10 percent of their electricity from renewables. Ten years…
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Energy Minister Imtiaz Ahmed Sheikh on Friday said that Chief Minister Syed Murad Ali Shah had endorsed a health and safety audit of the Thar Coal Power Project. The provincial minister made these remarks during a meeting with energy department officials at his office, said a spokesperson. Sheikh continued the Sindh government has decided to conduct health and safety audit…
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Pakistan is yet to reach an agreement with Saudi Arabia on revival of the oil facility on deferred payment months after the claim of minister for information and broadcasting and finance minister. When contacted, senior officials of Finance Ministry and Power Division stated that discussions with Saudi Arabia are on, but nothing has been finalized yet. However, officials expressed optimism…
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ABU DHABI, (UrduPoint / Pakistan Point News / WAM – 07th Aug, 2021) In line with its commitment to adopting the best practices of the UAE Government Excellence System, and launching initiatives that have global results, the Ministry of Energy and Infrastructure in the UAE has launched the ‘Supporting our Blue Army’ initiative to improve the quality of life for…
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Last week, the media was abuzz about SAPM on power and petroleum Tabish Gauhar’s letter that he addressed to his minister Hammad Azhar. The gist of the ‘leaked’ letter and any spirit of debate were lost in the media hype created around the differences within energy ministry or largely within the government. But we often forget that difference of opinion…
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What would it take to maximize returns from the ongoing deregulation and run the overall gas sector on a sustainable basis? In order to maximize returns from private sector involvement and ensure sustainability of the overall natural gas sector, it is important to first adopt a holistic approach to resolve the deep-rooted structural and operational challenges. Underpricing of the fuel…
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As the petroleum sector circular debt stands at a whopping Rs1.6 trillion or 3.35 percent of GDP, the government has another plan to create fiscal breathing space for the entities gasping for cash, according to official documents. With petroleum sector circular debt hovering over Rs1.6 trillion including Rs1.1 trillion principal plus Rs500 billion late payment surcharge, Ministry of Energy has…
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The government has finalised the Pakistan Oil Refinery Policy 2021 with huge package of tax incentives, including 20-year income tax holiday for all taxes under the Income Tax Ordinance 2001 and upgradation of existing and new deep conversion refineries from the date of commissioning of the project. However, there will be no product off-take and rate of return guarantee for…
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