Islamabad, April 29, 2024: The Board of Directors of Oil & Gas Development Company Limited (OGDCL) in its meeting held on April 29, 2024, at OGDCL Head Office, Islamabad announced the financial results for the period ended on March 31, 2024, of the fiscal year 2023-24. Net sales revenue clocked at Rs. 348.164 billion translating to Profit after tax of Rs. 171.104 billion and earnings per share of Rs. 39.78.
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Fire at JinkoSolar Workshop in Shanxi Province Impacts Operations
On Friday, a fire broke out at one of JinkoSolar’s silicon wafer slicing and solar cell manufacturing workshops, located in China’s Shanxi province. The incident is expected to have repercussions on the company’s operations and financial results throughout 2024.
Read MoreKarachi Electricity Prices Set to Soar to Rs. 18.86 per Unit
Karachi: K-Electric, has requested a substantial increase of Rs. 18.86 per unit in their monthly adjustment for 7 months.
According to a report by ‘Dawn News,’ KE has submitted a request to the National Electric Power Regulatory Authority (NEPRA) for the monthly adjustment from July 2023 to March 2024.
Additionally, the company has also requested a reduction of 29 paisas per unit for 2 months, which would result in an overall increase of Rs. 18.57 per unit.
Read MoreSOLIS TO SHOWCASE CUTTING-EDGE SOLAR SOLUTIONS AT WORLD FUTURE ENERGY SUMMIT 2024
ADNEC, Abu Dhabi – April 16, 2024 – Solis, At the World Future Energy Summit, had unveiled highly anticipated Commercial Energy Storage Inverter, the S6-EH3P(30-50)K-H. This innovative product promises to revolutionize the solar energy landscape with its cutting-edge features and performance capabilities. Boasting a remarkable maximum charge/discharge current of up to 70A+70A/140A, the S6-EH3P(30-50)K-H is set to redefine industry standards and provide customers with unparalleled efficiency and reliability. The World Future Energy Summit serves as a premier platform for industry professionals, stakeholders, and enthusiasts to explore the latest advancements and…
Read MoreOil Prices Drop 1% Amid Israel-Hamas Ceasefire Talks and U.S. Inflation Concerns
Oil prices declined in early Asian trading on Monday, reversing gains from Friday. This drop came as Israel-Hamas peace talks in Cairo alleviated concerns about a broader conflict in the Middle East, and U.S. inflation data dampened expectations of imminent interest rate cuts. Brent crude futures fell by as much as $1, or 1.1%, to $88.50 a barrel before recovering slightly to $88.55 at 0149 GMT. West Texas Intermediate (WTI) futures were down 84 cents, or 1%, at $83.01 a barrel. The increased efforts to broker a ceasefire between Israel…
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