A study published in Nature Energy on Monday has revealed that the U.S. Oil Patch is home to tens of thousands of inactive offshore oil and gas wells that remain unplugged, posing the risk of possible leaks into the ocean.
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More than half a dozen Canadian oil and gas companies including Paramount Resources (OTCPK:PRMRF), Crescent Point Energy Corp. (NYSE:CPG), Vermilion Energy Inc. (NYSE:VET), Pipestone Energy Corp. (OTCPK:BKBEF), Kiwetinohk Energy Corp. (TSX:KEC:CA),Tourmaline Oil Corp. (OTCPK:TRMLF) and Cenovus Energy Inc.
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Alliance for Climate Justice and Clean Energy (ACJCE) has questioned the Sindh Engro Coal Mining Company (SECMC) petition for determination of contract stage tariff, which could make Thar coal power expensive, thus killing its purpose of cheap energy for end consumers.
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A programme of the Sindh government to use solar power for energising some 200,000 off-grid homes in the rural areas with the assistance of the World Bank would be completed by 2024, the provincial assembly was informed on Monday.
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Fauji Fertilizer Bin Qasim Limited (FFBL) announced a power outage that is expected to last for over four weeks. In a letter to the PSX, Company Secretary Brig Khurram Shahzada shared that the FFBL’s power supply from FFBL Power Company Limited (FPCL) has been disrupted due to a technical issue.
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