Year: 2022

LONGi Continues Educational CSR Activities in Pakistan

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LONGi CARE IN PAKISTAN LONGi SOLAR TECHNOLOGY CO., LTD. and University of Education (UE’s) UE Business School (UEBS) & Center for Professional Development (CPD) signed a MoU. According to this MOU, LONGi will offer several benefits to CPD and facilities UE students for industrial visits and internship, Job opportunities for UE graduates. CPD can start open enrollment programs and invite speakers from LONGi solar and they will sponsor certain events and educational activities in the university of education. This mutual relationship helps to keep the momentum of industry and educational…

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U.S. SPR Release Is Creating A Problem For Canada’s Heavy Crude Oil

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The Strategic Petroleum Reserve release in the United States—a large one designed to release a million barrels per day from storage into the commercial markets—is creating a bit of a problem for the Canadian oil industry. All crude oil grades aren’t equal, and a large share of what the SPR is releasing into the Gulf Coast area is heavy sour crude—a similar grade to the oil shipped down from Canada. The heavy Mars and Poseidon grades—both hailing from the GoM area and both heavy grades—are getting lost in the sea…

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It’s Time For Africa To Harness Its Natural Gas Potential

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The International Energy Agency (IEA) and other regional bodies have repeatedly stated the importance of natural gas in supporting a transition away from fossil fuels to renewable alternatives. It is viewed as a less dirty energy source than others, particularly coal, leading many to acknowledge the need to maintain natural gas production to meet global energy demand. As Europe and North America search for other regions to fill the gap created by introducing sanctions on Russia, several countries across Africa could play an integral role in supplying the region and…

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NTDC inefficiency: nine countrywide blackouts occur since mid-2018

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As many as nine countrywide electricity blackouts have been witnessed since mid-2018 due to inefficient management and Board of Directors (BoD) of the National Transmission & Despatch Company (NTDC), said sources. They said the Nepra has fined the NTDC for the blackouts as such a level of blackouts have never been witnessed in the history of the country. According to data available with Business Recorder, the worst-ever blackouts started from August 1, 2018, in Lahore due to tripping of 220 kV Bund Road Grid Station, followed by tripping of NTDC’s 500…

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IMF asks Pak to renegotiate CPEC energy deals before making payments: Rpt

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The IMF has asked cash-strapped Pakistan’s government to renegotiate the China-Pakistan Economic Corridor (CPEC) energy deals before making payments of around Rs 300 billion (USD 1,49,71,55,400) to the Chinese power plants, putting Islamabad in a tight spot, a media report said on Thursday. As of now Pakistan has repeatedly been seeking international aid to support its failing economy. The talks with the International Monetary Fund are being held in the Qatari capital Doha. The global lender has asked the government to treat the Chinese CPEC power plants at par with…

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