Month: September 2022

24th WPC World Petroleum Congress Marks One Year to Go until Calgary

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Today, the 24th World Petroleum Congress (24th WPC) OrganisingCommittee for Canada (OCAN), is recognizing the “One-Year-To-Go” milestone, as momentum grows tothe 24th WPC in Calgary, Canada. The Congress, taking place from 17-21 September 2023, will bringtogether industry and government leaders, academia, NGOs and thought leaders from the financial,technological, innovation and stakeholder engagement sectors to engage in a robust discussion of theCongress’s theme Energy Transition: The Path to Net Zero.“The 24th WPC in Calgary represents an important platform in charting the paths that the traditional energysector can follow as we move…

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LONGi Achieves New World Record for P-Type Solar Cell Efficiency

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LONGi has announced a new world record conversion efficiency of 26.12% for its p-type silicon heterojunction (HJT) cells. The record, validated in testing carried out by the Institute for Solar Energy Research (ISFH) in Hamelin, Germany, was achieved on full-size (M6, 274.3cm2) gallium-doped p-type monocrystalline wafers and is the highest record for p-type cell efficiency to date, further confirming the feasibility of low-cost HJT mass production technology. The cell efficiency is 0.65% higher than that of 25.47% released earlier this year, demonstrating LONGi’s ongoing commitment to driving industrial progress via…

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Major scam

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ogdcl

The Oil & Gas Development Company’s (OGDCL) audit department has claimed to have unearthed a questionable award of an $85 million contract for Uch Front End Compression Facility Project at Uch gas field, allegedly perpetrated by a cabal of corrupt top officials of the company, The News has learnt. According to sources, the OGDCL audit team has also recommended scrapping the said suspect contract, pleading the bidding process and the PPRA rules have been clearly breached in the process. The audit report, a copy of which is available with The…

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KE moves regulator to cut tariff by Rs4.21 for August

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The K-Electric (KE) has sought about Rs4.21 per unit reduction in monthly fuel cost adjustment (FCA) to refund about Rs7.22 billion overcharged to consumers in August. The National Electric Power Regulatory Authority (Nepra) has called a public hearing on Sept 29 to examine the KE’s petition. The regulator would also judge whether the company had followed the economic merit order while giving dispatch to its power plants as well as power purchases from external sources. Last month, the KE had requested Rs3.48 per unit in FCA for electricity consumption in…

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Petrol price up again, diesel left unchanged

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Petrol-Price

After a delay of six days, the government finally notified the revised prices of petroleum products in the early hours of Wednesday, raising the petrol price by Rs1.45. As per the standard procedure, the notification for revised prices is issued around midnight. However, this time, the notification by the Finance Division came two hours late, around 2am. According to the notification, the price of petrol has been increased from Rs235.98 to Rs237.43. The price of High Speed Diesel (HSD) has been kept unchanged at Rs247.43. Meanwhile, the price of kerosene…

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