Pakistan Petroleum Limited (PPL), a national E&P company and one of the largest corporate donors, recently funded a science laboratory at Akhuwat College in Kasur to facilitate hands-on science-based teaching and learning and for free-of-cost quality
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Washington DC, May 8, 2023:Pakistan and United States today agreed to develop a roadmap for pursuing new businesses in green and renewable energy sector both in public and private sector. The US side would provide financial and technical expertise for undertaking feasibility studies for mutually agreed projects.A delegation of Pakistani businessmen would be visiting the United States along their counterparts from Malaysia, Indonesia and Thailand to study methane abatement technologies and conversion of bio-methane into fertilizers during the first quarter of the next year.During the meeting of Energy Minister Musadik…
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According to a recently published report, financial firms that publicly support efforts to limit global warming, including some of their environmentally friendly products, have poured billions into the world’s largest oil and gas companies.
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Oil prices rose on Friday but were set for a third straight week of losses after sharp declines earlier in the week on fears about interest rate hikes, U.S. banking sector problems and slowing Chinese demand.Brent crude rose $2.88, or 4 percent, to $75.37 a barrel by 1:03 p.m. ET
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Pakistan has opened a Letter of Credit (LC) in the Bank of China for import of first oil cargo from Russia, which is expected to arrive in the last week of May.
According to sources, the LC has been opened in the Chinese bank in an attempt to make payment for the cargo – the first-ever purchase of Russian oil by Pakistan – in Chinese yuan. Russia will send a ship carrying 100,000 tons of crude oil.
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