The energy transition requires a dramatic increase in the supply of critical materials, yet their supplies chains remain vulnerable to a range of geopolitical risks.
Read MoreDiversifying Critical Material Supply Chains Minimises Geopolitical Risks
Month: July 2023
PRL Launches REUP to Boost Refining Capabilities,Urges Policy Support
Karachi, July 13, 2023 – Pakistan Refinery Limited (PRL) is embarking on an ambitious project to enhance and modernize its refining capabilities through the Refinery Expansion and Upgrade Project (REUP). This initiative aims to propel PRL into a sustainable future, producing cleaner and environmentally friendly fuels, while meeting the growing demands of the market. However, the absence of a comprehensive refining policy to support industry development and attract investments remains a pressing concern. The REUP project involves the expansion of PRL’s crude processing capacity from the current 50,000 barrels per…
Read MoreDeugro Further Strengthens Wind Renewable Energy Efforts in Germany
Hamburg, Germany, July 13, 2023 – deugro is pleased to announce the appointment of Stefanie Schöttle-Christiansen as Head of Wind Renewable Energy Germany, deugro, effective July 1, 2023. The addition further underlines the company’s commitment to sustainability, and especially the wind energy efforts in Germany. In her new role, Stefanie Schöttle-Christiansen will ensure deugro continues to meet the growing demands of the wind energy sector. Her dedication to excellence and thinking outside the box will ensure outstanding results and future-proof logistical concepts for deugro’s clients. Stefanie Schöttle-Christiansen joins deugro with…
Read MoreOGRA & MINISTRY OF ENERGY (PETROLEUM DIVISION) JOINTLY HOSTED MEETING WITH OIL INDUSTRY
Islamabad. The Oil and Gas Regulatory Authority (OGRA) and Ministry of Energy (Petroleum Division) jointly hosted the meeting with Oil Industry to deliberate on many challenges highlighted by the industry. The Oil industry representatives presented the sector’s concerns and submitted proposals to deal with the challenging business environment in the country. The submissions of the Oil Industry were discussed and ample opportunity was extended to the participants to provide their input.The matter with regard to smuggling of petroleum products from Iran was also highlighted and it was briefed that the…
Read MoreOMCs seek 100pc rise in margins on POL products
KARACHI: The oil sector has sought a 100 percent increase in the margins of oil marketing companies (OMCs) on petroleum products, citing a higher cost of doing business following a 20-year slump in diesel demand, The News learnt on Tuesday. Oil industry representatives held a meeting with the Oil and Gas Regulatory Authority (OGRA) on Tuesday and presented the sector’s concerns and demands viz-a-viz the challenging business environment in the country. OMCs told OGRA that the high cost of borrowing due to historic high interest rate and drop in the…
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