Author: Admin

Huawei FusionSolar Installer Training Seminar Successfully Held in Lahore

Admin
Diwan-Project

LAHORE: Diwan International (Pvt) Ltd, in collaboration with Huawei FusionSolar, successfully organized the Huawei Installer Training Seminar on *April 28, 2025, at **The Nishat Hotel, Gulberg, Lahore. The event brought together a vibrant gathering of *leading solar installers, EPC companies, and industry professionals from across the region. The seminar focused on empowering participants through advanced training on Huawei’s smart PV solutions and deepened engagement with the Huawei Installer Community Program. The interactive sessions covered technical insights, product demonstrations, and practical knowledge sharing—aimed at elevating installation standards and promoting solar innovation…

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Petroleum Dealers Decry Delay in Margin Hike, Seek Urgent Relief

Admin
petrol-price

ISLAMABAD: Petroleum dealers have raised serious concerns over the government’s failure to implement a long-promised increase in their sale margins, pending since July 2023. They demanded immediate action on a commitment to raise their margins by Rs1.40 to Rs2.20 per litre on petrol and diesel. The issue was discussed at a meeting of the National Assembly’s Standing Committee on Petroleum, chaired by Syed Mustafa Shah. The committee directed the Petroleum Division, Oil and Gas Regulatory Authority (Ogra), and the Pakistan Petroleum Dealers Association (PPDA) to submit comprehensive reports to formulate…

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Oil Prices Slide 3% on Demand Concerns, Trade War Fears

Admin
oil-2025

NEW YORK: Oil prices tumbled nearly 3% on Tuesday, reaching a two-week low, as concerns over weakening global demand and potential OPEC+ supply increases unsettled investors. Brent crude futures dropped by $1.70, or 2.6%, to $64.16 per barrel, while US West Texas Intermediate (WTI) crude slipped $1.55, or 2.5%, to $60.50. Both benchmarks were set for their lowest closing levels since April 10. Market sentiment was rattled by escalating US-China trade tensions, with analysts fearing that President Donald Trump’s aggressive tariff policies could trigger a global recession. A Reuters poll…

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Rs1.52 Per Unit Power Tariff Cut Delayed to May Despite PM’s Promise

Admin
NEPRA

ISLAMABAD: Consumers will not receive the Rs1.52 per unit electricity tariff relief in their April bills as promised by Prime Minister Shehbaz Sharif, as the reduction has now been deferred to May. During a public hearing chaired by National Electric Power Regulatory Authority (Nepra) Chairman Waseem Mukhtar, officials from the Central Power Purchasing Agency (CPPA) cited increased summer demand—up 20%—and declining hydropower availability as key concerns, potentially driving higher fuel costs in coming months. The Rs1.52 per unit relief stems from a Rs52 billion reduction in quarterly tariff adjustments (QTA)…

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Oil prices fall 2% to 2-week low as trade war concerns dampen demand outlook

Admin
Oil falls

NEW YORK: Oil prices fell about 2% to a two-week low on Tuesday on expectations OPEC+ will boost output even as U.S. President Donald Trump’s on-again off-again trade tariffs could reduce global economic growth and demand for the fuel. Brent crude futures fell by $1.41, or 2.1%, to $64.45 per barrel by 11:03 a.m. EDT (1503 GMT), while U.S. West Texas Intermediate crude dropped by $1.36, or 2.2%, to $60.69. That puts both benchmarks on track for their lowest closes since April 10. Trump’s push to reshape world trade by…

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