Author: Admin

OGDCL Boosts Oil and Gas Production in Key Projects

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The Oil and Gas Development Company Ltd (OGDCL) has enhanced its oil output by 145 barrels per day at the Pasakhi-7 well in Hyderabad, Sindh, bringing production to 520 barrels per day. The improvement comes from using advanced technologies, including a Jet Pump system and Multi Physio Chemical Stimulation, the latter marking its debut in the southern region. In another milestone, OGDCL’s Chak 212-1 exploratory well in Punjab’s Mari East Block has made a significant discovery, producing two mmscfd of gas. The gas is now being delivered to Engro Fertiliser…

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Rousch Power Completes Complex Handover

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power-producer

KARACHI/ISLAMABAD: Rousch Pakistan Power Ltd (RPPL), an independent power producer, has handed over its power complex to the National Power Parks Management Company Ltd after finalizing payments with the Central Power Purchasing Agency (CPPA). Altern Energy Ltd (AEL), RPPL’s parent company, confirmed the move in a stock filing, noting the early termination of its Power Purchase Agreement (PPA) as part of a Negotiated Settlement Agreement (NSA). The decision, approved in November 2024, marks the completion of RPPL’s contractual obligations and formalizes the transition as of December 31, 2024.

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LNG traders divert six US cargoes to Europe from Asia

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LNG

SINGAPORE: Traders diverted at least six cargoes of liquefied natural gas that were on course for Asia to Europe earlier this month, drawn by higher European prices and amid weak Asian demand, according to analysts and shipping data. The diverted cargoes could help meet additional European demand as countries seek to replace piped Russian gas after the Ukraine transit deal expired on Jan. 1, while weather forecasts point to lower temperatures in northwest Europe. The vessels had loaded in the US and were initially destined for China, South Korea, Thailand…

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Middle East Energy 2025 to Launch Battery and E-Mobility Sector, Driving Sustainable Transport Innovation

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New-Project2

Dubai, UAE – January 13, 2025: Middle East Energy, the region’s leading energy event, is taking a bold step towards advancing sustainable transport by introducing a dedicated Battery and E-Mobility sector at its 49th edition. This initiative will debut the internationally renowned Battery Show brand in the Middle East, taking place at the Dubai World Trade Centre (DWTC) from April 7–9, 2025. This addition underscores the event’s commitment to positioning Dubai as a global leader in the energy transition. With a focus on the growing demand for energy storage solutions,…

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World Future Energy Summit 2025 Concludes with a Call for Sustainable Innovation and Climate Resilience

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Future-Summit1

ABU DHABI: The World Future Energy Summit 2025, hosted by Masdar as part of Abu Dhabi Sustainability Week, concluded today at the Abu Dhabi National Exhibition Centre, spotlighting critical global sustainability issues over three impactful days. Key topics explored included self-sufficient sustainable cities, community resilience, and green finance’s supply-demand imbalance. Sustainable Cities and Climate ResilienceThe Sustainable Cities Conference addressed extreme climate events, such as California’s wildfires (US$160–200 billion in damages) and Gulf floods (US$850 million in losses). Experts emphasized proactive climate risk assessments to mitigate such disasters. Dima Al Srouri,…

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