Day: August 17, 2022

WTI Crude Falls To Lowest Level Since January

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WTI prices fell to $86.13 per barrel by 2:24 pm ET, down $3.28, or 3.67% on the day. Brent crude fell $2.98 (-3.13%) on the day to $92.12 per barrel—the lowest price since February this year. Gasoline prices in the United States have been falling for months now led by falling crude oil prices. Today’s gasoline prices in the United States average $3.949 per gallon, according to AAA data, down from $3.956 yesterday. Over the last month, U.S. gasoline prices have fallen 60 cents. They are still 76 cents above…

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Pakistan may seek 15-year LNG deal with Qatar

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Pakistan may seek a 15-year LNG contract with Qatar on a G2G (government to government) basis — two cargoes in a month with a reopening price clause after 11 years — during the forthcoming visit of Prime Minister Shehbaz Sharif, a senior official of the coalition government has told The News. “The likely dates for the visit of the premier are August 23-24, but these are yet to be finalised,” the official said, adding that Pakistan was also likely to offload PIA shares to hand over the management of the…

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Longi Guarantees Its Modules Against Thermal Damage In High-Temperature Environments

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The standard operating temperature of a PV module is higher than the ambient temperature. Under continuous exposure to extreme high temperatures, the temperature of a module at a solar power plant can reach 75°C or more, and the working temperature of its internal cells may be even higher.  Existing base testing parameters commonly set the maximum temperature for a PV module at 85°C, however, in some extreme conditions, its working temperature may exceed this level. LONGi has taken the lead in testing its modules’ capacity to withstand extreme temperatures during…

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Cost of Doing Business Swiftly Transfer Relief in International Oil Prices & Rupee Appreciation Irfan Iqbal Sheikh

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Mr. Irfan Iqbal Sheikh, President FPCCI, has demanded that the downward spiral in international oil prices and continuous appreciation of Pak Rupee over the past couple of weeks should be transferred to the end consumers in full with immediate effect. This is the only swift measure that the government of Pakistan can take to provide some relief to the business, industrial and trade community to reduce their cost of doing business to some extent, he added. FPCCI Chief has noted with a sigh of relief that rupee has appreciated by…

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National Waste Management Conference Call to develop specialized system to handle 1,100 tonnes of hospital waste generated daily in Karachi to protect public health

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National Waste Management Conference Call to develop specialized system to handle 1,100 tonnes of hospital waste generated daily in Karachi to protect public health August 17, 2022 There is no separate handling on modern lines of around 1,100 tonnes of garbage generated from hospitals in Karachi daily as haphazard disposal of medical waste creates a serious public health risk.This was stated by the Dean of Architecture and Management Sciences of the NED University of Engineering & Technology, Prof Dr Noman Ahmed, in his keynote address at the National Waste Management…

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