Author: Admin

Paris: While images of massive fires and large-scale logging in the Amazon often dominate discussions on deforestation, new research shows that small-scale rainforest clearing is causing a disproportionately large impact on the global climate. A study published in the journal Nature on Wednesday found that forest clearances of less than two hectares, though representing only a small fraction of total deforestation, account for 56 per cent of carbon losses in the world’s tropical rainforests over the past three decades. “These quieter, smaller acts of forest destruction are responsible for most…

Islamabad: The federal government has approved the fresh allocation and pricing of natural gas from the Ghazij and Shawal discoveries in the Mari field for key fertiliser manufacturers, Mari Energies Limited informed on Thursday. In a notice to the Pakistan Stock Exchange (PSX), the listed exploration and production company said gas volumes have been earmarked for Fauji Fertilizer Company’s Port Qasim plant, Fatima Fertilizer’s Sheikhupura facility, and Agritech’s Daud Khel unit. Under the approved allocation, FFC’s Port Qasim plant will receive the largest share, with 104 mmcfd of raw gas,…

Washington: The United States has said it needs to control Venezuela’s oil sales and revenues indefinitely to stabilise the country’s economy, rebuild its energy sector and ensure Caracas acts in line with American interests, according to senior US officials. The remarks underline the central role of crude oil in President Donald Trump’s Venezuela strategy, following the abduction and removal of former leader Nicolás Maduro in a US operation in Caracas last weekend. Speaking at the Goldman Sachs Energy, CleanTech & Utilities Conference in Miami, US Energy Secretary Chris Wright said…