Month: June 2022

Cnergyico Partners With Unilever (Wall’s) to Enhance Customer Convenience (Karachi – June 29, 2022) Cnergyico Pk Limited (formerly Byco Petroleum),

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Pakistan’s largest vertically-integrated oil refining company and one of the nation’s biggest oil marketing companies, announced today that it is collaborating with Unilever’s flagship ice cream and frozen dessert brand Wall’s to improve service offerings and facilitate customers at the forecourts.Cnergyico is always looking for ways to enhance customer experience at its retail outlets. Through product diversification, the company seeks to offer a one-stop solution to its valued customers who want to refuel their vehicles and make convenience store purchases. Now, with the summer season at its peak, Cnergyico’s retail…

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Pakistan may get up to $2bn from IMF: Shehbaz

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Prime Minister Shehbaz Sharif Tuesday said Finance Minister Miftah Ismail had informed him that Pakistan could receive up to $2 billion from the International Monetary Fund (IMF). “Miftah Ismail in a message said we will hopefully be receiving $2 billion instead of $1 billion from the IMF,” the premier said, adding that he had told the minister that the ‘real goal’ was to achieve self-reliance which was ‘easier said than done’. Shehbaz was addressing the ‘Turnaround Pakistan’ conference organized by the Ministry of Planning and Development in Islamabad. The prime…

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Huawei Awarded the Global First Carbon Footprint Verification for Inverters Issued by BSI

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A globally-renowned standards body, BSI is a special adviser to the United Nations Framework Convention on Climate Change and a producer of standards such as the world’s first carbon footprint standard PAS 2050. This CFV proves Huawei’s capability to evaluate the carbon footprint of products throughout their lifecycle and acknowledges Huawei’s efforts in reducing carbon emissions, increasing the share of renewable energy, and promoting circular economy. Huawei’s development concept — green, low-carbon, and sustainable — underpins the entire lifecycle of inverters and is accredited by BSI. It is of great…

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Canada May Expand Energy Infrastructure To Help Europe

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Canada could expand its energy infrastructure in order to help Europe cut off Russian gas dependence in the medium term, Canadian Prime Minister Justin Trudeau said at the G7 summit in Germany.   “We will be there in the short term with any support we can,” Trudeau said, referring to possible Canadian support in energy supply to Europe. Asked about discussions between Germany and Canada for possible liquefied natural gas (LNG) deals, the Canadian prime minister said that “LNG infrastructure is the same type of infrastructure that will be needed as we transition…

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Critical EIA Oil Inventory Data Sees Further Delays

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The Energy Information Administration will not release any further data, the agency said in an update on the heavily anticipated inventory figures that were due to be released last Wednesday. The data was not published last week after the EIA discovered “a voltage irregularity, which caused hardware failures on two of our main processing servers.” This failure prevented the EIA from processing and releasing multiple reports last week—including its highly sought after Weekly Petroleum Status Report, which publishes not only U.S. crude oil inventory data, but gasoline and diesel inventories,…

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