Energy, energy sector news, Energy Update, fossil fuel

Jet-Fuel

Airlines Face $100 Billion Jet Fuel Cost Surge After Iran Conflict Disrupts Energy Markets

LONDON: The global airline industry is facing an estimated $100 billion increase in jet fuel costs this year following the escalation of conflict in Iran, which has driven energy prices sharply higher, according to the International Air Transport Association (IATA). The industry body warned that rising fuel expenses are expected to significantly weaken profitability, with global airline net profits projected to fall from $43 billion in 2025 to $23 billion this year, while average profit margins are forecast to decline from 4.2% to 2%. IATA Director-General Willie Walsh, former CEO

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April 8, 2025 by Admin

ISLAMABAD: Pakistan officially launched the Pakistan Mineral Investment Forum 2025 (PMIF25) today, aiming to spotlight its immense mineral wealth spread over 600,000 square kilometers. Federal Minister for Petroleum and Natural Resources, Ali Pervaiz Malik, inaugurated the two-day forum (April 8–9), emphasizing the country’s untapped potential and commitment to responsible mining practices.

April 7, 2025 by Admin

Karachi: Atif Ikram Sheikh, President FPCCI, is leading the Pakistani trade delegation to the United Kingdom to attend a Commonwealth program on 7th – 8th April. The strategic move aims to capitalize on the vast opportunities offered by the Commonwealth; which comprises of 56 countries with a combined GDP of over $13 trillion.

Solar-Panels

Pakistan solar energy: Impressive 25% milestone reached

Solar power now accounts for 25% of Pakistan’s electricity generation, according to BloombergNEF. This increase coincides with a significant drop in the share of imported gas in the country’s energy mix, which has fallen below 10% due to rising solar capacity

solar energy

Pakistan’s sugar maker to install 200KW solar power plant

Tariq Corporation Limited (TCORP), engaged in the manufacturing of sugar and its by-products, has become the latest company to adopt renewable energy, as it announced plans to set up a 200KW solar power system at its facility. The listed company

pak-china-768x502

Pakistan seeks deeper ties with China in economy, technology

BEIJING (APP) – Pakistan’s Ambassador to China, Khalil Hashmi, highlighted the key takeaways from China’s annual Two Sessions, emphasising economic confidence, technological innovation, and Pakistan-China cooperation under CPEC Phase II. Speaking with China Economic Net about the Chinese government’s work

IPP-CAPACITY-PAYMENTS

IPPs – Capacity payments issue is overplayed

The capacity payments these days are talk of the town and our criticism has been grossly misplaced when it comes to huge electricity bills, and who the real culprits are.Further, he likes of some of our ex-CT ministers, do not understand how power or energy sector works. Commenting and criticizing are easy, while not seeing where the problem is and what solutions can be offered for a better outcome.

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December 14, 2024 Movenpick Hotel
14th National Convention on Fire Safety and Security 2024
The Annual Fire & Safety Convention has gained momentum in creating Awareness about Occupational Health & Safety, Encouraging Best Practices and providing an Interactive Platform for all corporate organizations, industries as well as Professionals & Individuals serving within the Fire, Safety & Security departments.
The "14th International Fire, Safety & Security Convention Pakistan : IFSSCP-2022" scheduled on December 12, 2024 at Karachi Movenpick Hotel.

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12 January 2022

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