IMF and Pakistan

When a country’s economy is in shambles, it can hardly afford more conditions from the lenders; that’s what Pakistan is facing in dealing with the IMF. Adviser to the PM Shaukat Tarin has once again outlined the necessity to comply with five prior conditions that Pakistan must fulfil before the IMF calls a meeting of its board of directors to…

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AIQ And Baker Hughes Partner To Develop Advanced Analytics Solutions For The Oil And Gas

AIQ, the Abu Dhabi National Oil Company’s (ADNOC) artificial intelligence (AI) joint venture with Group 42 (G42), and Baker Hughes, an energy technology company, announced today a strategic collaboration agreement to develop advanced analytics solutions for the global oil and gas industry. The announcement was made at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) and will see AIQ…

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NEPRA Chairman Urges Power Sectors Companies To Improve Performance In Health, Safety, Environment Areas

Chairman National Electric Power Regulatory Authority (NEPRA) Tauseef H Farooqi on Thursday urged the power sector companies to strive hard in improving their performance in the areas of Occupational Health, Safety and Environment (HSE). Addressing at award ceremony, the Chairman highlighted the significance of NEPRA’s drive of “Power with Safety”. He stressed that HSE issues were at the forefront of…

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Gas Supply To Domestic Consumers To Be Ensured During Winter

The Cabinet Committee on Energy (CCOE) was informed on Thursday that the enhanced demand of domestic consumers would be met through savings from captive power generation. The meeting presided over by Federal Minister for Planning, Development, and Special Initiatives Asad Umar here was informed that the prudent pressure management plan would also be developed to ensure the stable supply of…

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SSGC MD Expresses Satisfaction Over Company’s Participation in ADIPEC

mran Maniar, MD, SSGC has termed the Company’s participation in Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) as an extremely useful one. ADIPEC a premier energy sector event that concluded today in Abu Dhabi kicked if on November 15, 2021. It is hosted annually by Abu Dhabi National Oil Company (ADNOC). MD, SSGC said that finding new suppliers, probing…

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LNG at Risk of Price Spike this Winter, Vitol Executive Says

Oil and liquefied natural gas (LNG) prices could climb higher this winter as low inventories threaten supply disruption or demand shocks for the market, an official of Vitol (VITOLV.UL), the world’s top independent oil trader, said on Wednesday. Consumption of natural gas, coal and oil has surged as the global economy re-opens from COVID-19 curbs, leading to price spikes and…

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