Day: February 21, 2024

Final-year engineering students from 29 universities participated in PEC’s 5th Engineering Capstone Expo

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Final-year

Final-year engineering students from 29 universities and institutes participated in the 5th Engineering Capstone Expo competition (Punjab Region) organised by the Pakistan Engineering Council (PEC).The PEC’s Pakistan Development Committee (PDC) conducted the Expo at its regional office in Lahore.Some 170 final-year design projects of the engineering students were shortlisted for display at the Expo. The selected projects have relevance to the current requirements of the industry and market. Representatives from the industry and businesses were invited to review the projects.The Expo is also aimed at promoting entrepreneurship, innovative skills of…

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ENERCON Joins WWEA as Corporate Member

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New-ENERCON

Bonn, 14 February 2024 (WWEA) – The World Wind Energy Association (WWEA) proudly welcomes ENERCON, a prominent German wind turbine manufacturer, as its newest Corporate Member. This significant partnership signifies a shared commitment to advancing renewable energy, with a focus on wind power as a pivotal component. With ENERCON’s addition, WWEA expands its diverse membership, which spans over 100 countries across the globe and encompasses all sectors of the wind energy industry. Dr. Irfan Mirza, President of WWEA, expressed his enthusiasm, stating, “Welcoming ENERCON as our first new member under…

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OGDCL Commits to Pay Rs12.6 Billion Royalty to Balochistan

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OGDCL

The Oil and Gas Development Company LimitedOil and Gas Development Company Limited (OGDCL) has reached an agreement to disburse Rs12.6 billion to the Balochistan government as royalty for the Uch gas field. According to officials from the CM secretariat, OGDCL and the Balochistan government have finalized a formula for royalty payments from August 2024 to January 2024, to be disbursed on a monthly basis. The Balochistan government has been actively pursuing the receipt of royalties owed by OGDCL for the Uch gas field, which had been withheld since September 2021…

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PSO Seeks Partnership Between Sinopec and Aramco for Refinery and Petrochemical Complex in Pakistan

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pso

Pakistan State Oil (PSO) has initiated talks with Chinese energy giant Sinopec to join hands with Saudi Arabia’s Aramco in establishing a cutting-edge refinery and petrochemical complex in Pakistan. The government is considering incorporating the $10 billion Saudi Aramco refinery project into the framework of the China-Pakistan Economic Corridor (CPEC). In a letter addressed to Sinopec’s President Yu Baocai, PSO’s Managing Director/CEO Syed Muhammad Taha expressed PSO’s interest in inviting Sinopec to participate in this significant venture. The project, a collaboration between PSO and Saudi Aramco, aims to build a…

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PDM 2.0 Unveiled: Shehbaz Sharif and Asif Ali Zardari Set to Assume Key Offices

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PPP-PMLN

After ten days of intense negotiations following an inconclusive national election, the Pakistan Peoples Party (PPP) and the Pakistan Muslim League-Nawaz (PML-N) have struck a deal to form a coalition government once again. The agreement, finalized on Tuesday night, outlines the distribution of key positions, including prime minister, president, governorships, and chairman Senate. Under this arrangement, Shehbaz Sharif is slated to resume the role of prime minister, while Asif Ali Zardari will return to the presidential office. Additionally, the PPP will take up the roles of Senate chairman and Punjab…

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