As automakers like General Motors, Volkswagen and Ford Motor make bold promises about transitioning to an electrified, emission-free future, one thing is becoming obvious: They will need a lot of batteries. Demand for this indispensable component already outstrips supply, prompting a global gold rush that has investors, established companies and start-ups racing to develop the technology and build the factories needed to churn out millions of electric cars. Long considered one of the least interesting car components, batteries may now be one of the most exciting parts of the auto industry. Car manufacturing hasn’t fundamentally…
Read MoreYear: 2021
Sindh province in Pakistan is rich in wind energy reserves
Ruichen Hong, a scholar of Green BRI Centre, has said that Dawood Wind Power Station not only can improve energy situation in Pakistan, but also brings benefits to the Pakistani society. Hong, in an interview, said many countries of the Belt and Road Initiative (BRI) were among the world’s major energy producing and consuming countries. Meanwhile, they are mostly developing countries, with the requirement to continue expanding its energy markets, according to a report published by China Economic Net (CEN) here on Monday. Power shortages have been a major constraint…
Read MoreLeft for dead: Are oil and gas stocks preparing to soar in 2021?
When the pandemic hit last year, it destroyed oil and gas stocks. But their prices have gradually been climbing and 2021 looks to offer a more prosperous outlook for the sector. Many people see the death of oil as a welcome solution to combating climate change. But this is not a realistic view. We are hugely reliant on oil. Not just for heating our homes, running our cars, and delivering goods around the globe. Oil powers the modern industrial world. Why do we need oil? Oil is a vital ingredient…
Read MoreRs 476.6 billion released for social sector uplift projects
The federal government has released Rs 476.618 billion for various ongoing and new social sector uplift projects till date under its Public Sector Development Programme (PSDP) 2020-21. The released funds include Rs300.06 billion for federal ministries, Rs135.64 billion for corporations, Rs39.7 billion for special areas, and Rs1.2 billion for the Earthquake Reconstruction and Rehabilitation Authority (ERRA), according to the latest data released by the Ministry of Planning, Development and Reform. Similarly, Rs98.082 billion out of PSDP allocation of Rs118.67 billion has been released for the National Highway Authority, Rs37.56 billion…
Read More5 years of Shell V-Power celebrated
KARACHI: Shell V-Power is the premium fuel offered by Shell Pakistan, it comes with technology that reduces engine dirt and friction. With over 100 years of experience in fuels research and development, Shell’s scientists are behind the creation of Shell V-Power with Dynaflex Technology. Shell V-Power has a formulation that has powerful cleaning agents to prevent engine dirt. The fuel is especially designed to help reduce wasted energy through its friction reducing molecules. The fuel was introduced in the Pakistani market in 2016, and this year marks its 5th anniversary…
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