SINGAPORE: China has issued at least 152.49 million metric tons of crude oil import quotas to independent refiners in a second batch for 2025 so far, several trade sources said on Monday. These quotas are being issued in batches by provinces this year and follow a recent small batch of 5.84 million tons that was issued in November, the sources said. This brings the total volume issued for 2025 so far to 158.33 million tons (3.17 million barrels per day) versus a total of 179.01 million tons for 2024. Beijing…
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KAPCO Welcomes Shahab Qader as New CEO
Lahore, December 30, 2024: The Board of Directors of Kot Addu Power Company Limited (KAPCO) has announced the appointment of Mr. Shahab Qader Khan as the Chief Executive Officer (CEO) for a term of three years. His tenure will officially commence on January 22, 2025, and conclude on January 21, 2028. This decision underscores the company’s commitment to fostering strong leadership to drive strategic growth and operational excellence. Mr. Shahab Qader Khan brings a wealth of experience and expertise to the role, ensuring the company remains at the forefront of…
Read MoreSolar Panels That Work at Night: A Game-Changer for Renewable Energy
Solar Panels That Work at Night: A Game-Changer for Renewable Energy December 30, 2024 Stanford Researchers Pioneer Nighttime Solar Technology In a groundbreaking innovation, researchers at Stanford University have developed solar panels capable of generating electricity at night using the phenomenon of radiative cooling. This technology holds promise for revolutionizing renewable energy, especially in off-grid and remote areas. Harnessing Radiative Cooling for PowerRadiative cooling occurs on clear nights when heat escapes from the Earth’s surface, radiating infrared energy into space. By attaching thermoelectric generators to standard solar panels, researchers harness…
Read MoreConstruction of Pakistan’s Largest Nuclear Power Plant Begins Today
Islamabad – The construction of Pakistan’s largest nuclear power plant, provided by China, is set to commence today. The plant, located at Chashma, is expected to start producing 1,200 MW of nuclear electricity by 2030. A ceremonial First Concrete Pour (FCP) event for the Chashma Nuclear Power Plant Unit-5 (C-5) will take place today, with Federal Minister for Planning, Development, and Special Initiatives, Professor Ahsan Iqbal, serving as the chief guest. Distinguished Chinese and Pakistani officials will also be in attendance. Last year, Prime Minister Shehbaz Sharif participated as the…
Read MoreChenab River: India’s Emerging Power Corridor
The Chenab River is rapidly transforming into India’s hydroelectric power corridor, with over 70 hydropower projects in various stages of development. The electricity generated from these projects is expected to surpass the combined output of Pakistan’s Mangla and Tarbela dams. India has already completed 11 dams on the Chenab River, including the Salal and Baglihar Dams. Recently, construction has begun on two new controversial hydropower projects—Keeru (624 MW) and Kwar (540 MW)—both of which violate provisions of the Indus Waters Treaty (IWT). Currently, 24 more dams are under construction on…
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