ISLAMABAD: Sui Southern Gas Company Limited (SSGCL) has submitted an amended petition to the Oil and Gas Regulatory Authority (OGRA) requesting an increase in the average prescribed gas price for the fiscal year 2025-26. Originally filed on November 29, 2024, and revised on March 26, 2025, the petition seeks approval under Section 8(1) of the OGRA Ordinance, 2002, and Rule 4(2) of the Natural Gas Tariff Rules. SSGCL has proposed an average gas price of Rs1,801.86 per MMBTU, up from the currently approved Rs1,762.51 per MMBTU for the FY 2024-25…
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U.S. Finalizes Sweeping Tariffs on Southeast Asian Solar Imports Amid Dumping Allegations
WASHINGTON: U.S. trade officials have finalized significant tariffs on solar imports from Southeast Asia, marking a pivotal moment in a year-long trade dispute centered on unfair competition claims against Chinese-owned manufacturers. The case, initiated by Korea’s Hanwha Qcells, Arizona-based First Solar Inc., and other domestic producers, accused Chinese companies of undercutting prices by exporting subsidized, below-cost solar panels from factories in Malaysia, Cambodia, Thailand, and Vietnam. The American Alliance for Solar Manufacturing Trade Committee argued these practices threatened billions in U.S. clean energy investments. The finalized tariffs, announced Monday, vary…
Read MoreAramco and BYD Form Strategic Alliance on Next-Gen Vehicle Technologies
SHANGHAI: Saudi Aramco, the world’s largest oil producer, and Chinese electric vehicle giant BYD have announced a strategic collaboration to advance new-energy vehicle technologies. The announcement was made as the Shanghai Motor Show opened on Monday. Aramco’s subsidiary, Saudi Aramco Technologies Company (SATC), will work with BYD to develop innovative technologies aimed at improving efficiency and environmental performance in the transport sector. While the financial terms of the agreement were not disclosed, both companies highlighted the potential of the partnership to accelerate the development of advanced powertrain systems and lower-carbon…
Read MorePakistan Oxygen to Invest Rs1.3bn in Hydrogen Production Plant at Port Qasim; Clover Pakistan Explores Oil Marketing Venture
KARACHI: Pakistan Oxygen Limited (POL) has announced a major investment of Rs1.3 billion to set up a state-of-the-art hydrogen production facility at Port Qasim. In a filing to the stock exchange, the company stated that the new facility will meet the rising hydrogen demand from its key strategic customers, marking a significant step towards cleaner energy solutions in Pakistan. Meanwhile, Clover Pakistan Limited (CPL) disclosed in a separate stock filing that its board of directors has approved plans to explore the feasibility of investing in or acquiring a company operating…
Read MoreRPG Game Releases On Schedule
Vice Chairman National Electric Power Regulatory Authority (NEPRA) Bahadur Shah on Tuesday said that provision of clean, affordable and reliable electricity was vital for poverty reduction, sustainable development and economic growth ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 25th Feb, 2020 ) :Vice Chairman National Electric Power Regulatory Authority (NEPRA) Bahadur Shah on Tuesday said that provision of clean, affordable and reliable electricity was vital for poverty reduction, sustainable development and economic growth. “We urgently need a long-term solution to Pakistan‘s energy needs and this can only be achieved through working…
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