Year: 2021

The world has yet to grasp the scale of the task of removing carbon emissions from the energy system, with oil demand likely to be around the 90 million b/d level by the end of this decade, or about 10% below pre-pandemic levels, TotalEnergies CEO Patrick Pouyanne said Oct. 5. Speaking at the Energy Intelligence Forum, Pouyanne, whose company was renamed from Total earlier in the year, warned that if the mounting calls to stop investing in new oil and gas projects were heeded, prices would “rocket to the roof,”…

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The world is living through the first major energy crisis of the clean-power transition. It won’t be the last. The shortages jolting natural gas and electricity markets from the UK to China are unfolding just as demand roars back from the pandemic. But the planet has faced volatile energy markets and supply squeezes for decades. What’s different now is that the richest economies are also undergoing one of the most ambitious overhauls of their power systems since the dawn of the electric age — with no easy way to store…

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Tahir Basharat Cheema, former managing director of the Pakistan Electric Power Company (Pepco), has joined the All Pakistan Textile Mills Association (Aptma) as energy adviser. Cheema is a qualified engineer and also possesses a Master’s degree in Business Administration. He has worked on various positions in the Water and Power Development Authority (Wapda), besides managing the affairs of Pepco, energy management for the whole power sector in Pakistan, monitoring of operations of the corporatised entities of Wapda, assisted Aptma chairman in the managerial affairs and operation and maintenance wing of…

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