Year: 2025

PPL carries out Successful Workover Operations in Adam West X-1 ST, Hala Block, Sindh

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New-Project40

KARACHI, November 24, 2025: Pakistan Petroleum Limited (PPL) is pleased to announce successful workover operations of well in Adam West field located in Hala Block, District Matiari, Sindh. The Company is the operator of the Block with 65 percent working interest (WI), along with JV partner Mari Energies Limited with 35 percent WI. Discovery of hydrocarbons was made in Adam West X-1, the only well in Adam West field, in September 2014, in Lower Goru formation. In June 2015, the well started production and in 2019, the well experienced water…

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UAE’s Power Sector Soars: BC Modules Redefine Benchmark solar projects in the world

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UAE-power-sector-soar

Leadership teams from LONGi, POWERCHINA, and ENGIE have met in Beijing, China, and officially signed a cooperation agreement for the 1.5GW PV4 Hazza 1 PV project in Abu Dhabi, UAE. This is another new step after the three parties signed a framework agreement in Paris, France, this May, marking that the project cooperation has fully entered the implementation stage. In this cooperation, LONGi will supply 1.1GW of high-efficiency BC modules Hi-MO 9 for this project. After the project is completed, it will greatly increase the production scale of clean energy…

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Rooftop Solar Boom to Push Daytime Grid Demand Below Zero in Key Pakistani Cities Next Year

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solar-Project

BELÉM, Brazil: Pakistan’s rooftop solar generation is expected to surpass grid-linked electricity demand during daytime hours in several major industrial regions next year, marking an unprecedented shift in the country’s energy landscape, a senior government official told Reuters. The development reflects a rapid and record-breaking surge in solar panel installations, which has slashed emissions and lowered bills for many consumers — but also intensified financial pressure on already debt-strapped power utilities grappling with declining grid demand. “Pakistan will experience negative grid-linked demand during certain daytime hours because behind-the-meter solar is…

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US Exim Bank Commits $1.25bn Loan for Pakistan’s Reko Diq Mine

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Mining-Sector

WASHINGTON: The US Export-Import (Exim) Bank has pledged a $1.25 billion loan to support Barrick Mining’s development of the Reko Diq copper and gold project in Pakistan, as part of a broader US initiative to strengthen global supply chains for critical minerals, nuclear energy, and natural gas. Exim Bank Chair John Jovanovic, in an interview with the Financial Times published on Sunday, said the loan forms part of a larger plan to deploy $100 billion aimed at reducing Western dependence on supply chains that he described as “no longer fair.”…

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Pakistan Urges Grant-Based, Predictable Climate Financing for Vulnerable Developing Nations

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Cop-30

ISLAMABAD: Pakistan has called on the international community to provide rapid, grant-based, and predictable climate financing for vulnerable developing countries, warning that recurring extreme weather events are intensifying debt distress and stalling development in nations least responsible for global emissions. The appeal was made at a high-level side event titled “Operationalising Loss and Damage: Financing Resilience and Recovery in Vulnerable Countries” held at the Pakistan Pavilion during the UN climate summit (COP30) in Belém, Brazil. The session was jointly organised by the Ministry of Climate Change and Environmental Coordination and…

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