October 2022
Read MoreOctober 2022
Day: October 19, 2022
Global Oil And Gas Exploration Dives Nearly 60% In 2022
President Joe Biden has repeatedly urged U.S. oil companies to step up production in a bid to increase oil supply and ease fuel prices. However, it appears his pleas have been falling on deaf ears considering the dearth of oil and gas exploration–which is, of course, perfectly understandable given his historic hostility toward fossil fuels as well as the very…
Read MoreIMC Celebrates the 5th Batch of Future Leaders Under the Toyota Goth Education Program
Indus Motor Company Limited (IMC), proudly welcomed the 5th batch of its flagship, Toyota Goth Education Program (T-GEP) matriculates, at a small ceremony held at its headquarters in Karachi. In attendance were IMCs CEO and senior executives and Mr Rehan Usman, General Manager, The Citizens Foundation.Of the total 37 students – 24 girls and 13 boys – 89% or 33…
Read MoreNew hydel projects to produce over 11,000MW
The Water and Power Development Authority (Wapda) is pursuing six hydroelectric power projects that will add 11,241 megawatts of environment-friendly electricity to the existing hydel generation capacity of 9,443MW in the coming years. Talking to APP, Wapda officials said that at present total installed capacity of 24 hydel power stations of Wapda stood at 9,443MW and the addition of 11,241MW…
Read MoreAmbassador of China to Pakistan H.E Nong Rong called on Federal minister for power Engr. Khurram Dastgir Khan here today.
Ambassador of China to Pakistan H.E Nong Rong called on Federal minister for power Engr. Khurram Dastgir Khan here today. Minister appreciated the continuous engagement of China in energy sector with Pakistan. Chinese projects under CPEC have given the much needed boast to power sector back in 2014 and also now when Pakistan’s energy needs have been very high. Pakistan…
Read MoreAmbassador of Kingdom of Saudi Arabia to Pakistan H.E Nawaf bin Saeed Al-Malki called on Federal minister for power Engr. Khurram Dastgir Khan
Ambassador of Kingdom of Saudi Arabia to Pakistan H.E Nawaf bin Saeed Al-Malki called on Federal minister for power Engr. Khurram Dastgir Khan here today. Minister for power appreciated the deep long standing friendly relations between both the countries. The present government’s solar initiative is a huge opportunity for Saudi investment, the Saudi companies are welcomed in this regard, remarked…
Read MoreNo major shareholder has sold stake: KE
K-Electric’s existing owners have confirmed that they are the majority shareholders in the integrated power company, which is available for sale for the past six years, and that China’s Shanghai Electric Power is a top potential buyer. They reaffirmed their stance in the wake of conflicting reports in the media that one of the three major shareholders had sold its…
Read MorePetroleum Division gets three new officers
Under the ongoing bureaucratic shake-up in the Energy Ministry, the Petroleum Division has now got three new officials, one as an in-charge and two as joint secretaries The government has also made OSD (officials on special duty) two joint secretaries of the Secretariat Group–JS Development Syed Zakaria Ali Shah, BS-20, and JS Admin Ms Saira Najeeb, BS-20. This development took…
Read More11th IDEAS will contribute significantly towards fostering & promoting Pakistan’s Strategic Relations: CM Sindh
“The 11th edition of IDEAS scheduled from 15 – 18 November 2022 at Karachi Expo Centre (KEC) will significantly contribute towards fostering and promoting Pakistan’s strategic relations with international fraternity and would serve to achieve the shared objectives of global peace, stability and balance”, stated Syed Murad Ali Shah, Chief Minister of Sindh while chairing the 3rd Steering Committee Meeting held at…
Read MoreCabinet okays plan to overhaul power sector
In a bid to stem the line losses and put an end to corruption in the power sector, the federal cabinet on Tuesday approved drastic measures, including installation of advanced metering infrastructure and low-cost solar energy projects, to overhaul the existing electricity generation and distribution system. A meeting of the cabinet, presided over by Prime Minister Shehbaz Sharif, also approved…
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