October 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 real risk that new drilling won’t pay off over the long term. When the energy crisis hit a nadir two years ago, highly indebted oil and gas companies quickly changed their…
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 students produced A1 and A grades whilst the remaining passed with B grade. Moreover, this year saw a much higher female representation within the batches. The company’s CEO, Mr. Ali…
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 would enhance it to 20,684MW. The existing hydel power stations included Tarbela, Mangla, Ghazi Barotha, Neelum-Jhelum and Warsak, which contributed about 25% to the total system capacity of 36,166MW from…
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 government is committed to honor the agreements and speed up CPEC projects. Federal minister further remarked that Pakistan’s future energy landscape will revolve around indigenous and renewable sources. Thar coal…
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