Lessons From Colombo

Pakistan is not the only country in the region going through political turmoil. Sri Lanka, too, is facing a political impasse. Last week, all 26 members of the Sri Lankan cabinet (including the brother and nephew of President Gotabaya Rajapaksa) resigned en-masse amidst widespread protests in the country over the state of the economy. Mr Rajapaksa’s government no longer enjoys…

Read More

Petroleum Woes Ahead

Be it the retail fuels or the fuel for power generation; the petroleum crisis has been brewing. The populist moves are always at the core of such problems. One of them is the subsidy provided on petroleum prices by the (previous) government that had frozen petroleum prices. It happened when international crude oil prices went through the roof amid the…

Read More

Rising Petrol Prices Fuel Uncertainty at Oil Giant Petrobras

razil’s state-run oil company Petrobras is once again in crisis: caught in a political tug of war over rising fuel costs. Far-right President Jair Bolsonaro, seeking re-election in October, is widely blamed by voters for double-digit inflation, polls show, on the back of skyrocketing fuel prices. Feeling the heat, Bolsonaro last week fired Petrobras CEO Joaquim Silva e Luna, saying…

Read More

China helps supply PV module to Pakistan

Recently, C&D Clean Energy has announced a partnership with Integra Solar for panel supply chain services. According to a signed memorandum of understanding, C&D Clean Energy will provide Integra Pakistan with integrated supply chain services of 100MW solar modules in 2022. “Integra’s value concept is to write the earth’s green future by choosing high-quality products, and we are in line…

Read More

New Energy Conservation Policy to be Approved on 12th

The Board of National Energy Efficiency and Conservation Authority (NEECA) is to approve the National Energy Efficiency and Conservation (NEEC) Policy 2022, on April 12, 2022 for onward submission to the Cabinet Committee on Energy (CCoE). Official sources told Business Recorder, first draft of the NEEC Policy 2022 was presented to the secretary, Power Division/chairman of the NEECA Board on…

Read More

Pakistan 5th most vulnerable country to climate change, reveals Germanwatch report

The Global Climate Risk Index has placed Pakistan on the fifth spot on the list of countries most vulnerable to climate change in its annual report for 2020, which was released by the think-tank Germanwatch on Wednesday. According to the report, Pakistan lost 9,989 lives, suffered economic losses worth $3.8 billion and witnessed 152 extreme weather events from 1999 to…

Read More