St. Louis, Missouri: Roeslein Renewables has announced that its Founder and Board Chairman, Rudi Roeslein, has been honored with the prestigious Excellence in Bioenergy Award at the International Biomass Conference & Expo 2026. In addition to receiving the award, he delivered a keynote address at the conference, held on April 1 at the Gaylord Opryland Resort & Convention Center in Nashville, Tennessee. The award, presented by BBI International and Biomass Magazine, recognizes decades of leadership by Roeslein in renewable energy development, conservation, and industrial innovation. He was honored alongside Alicia…
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Global Renewables Surge by Nearly 700 GW in 2025, Reinforcing Energy Resilience: International Renewable Energy Agency Report
Abu Dhabi, United Arab Emirates: The global renewable energy sector demonstrated remarkable resilience in 2025, with total installed capacity reaching 5,149 GW following an unprecedented addition of 692 GW—a 15.5% annual increase, according to the latest Renewable Capacity Statistics 2026 released by the International Renewable Energy Agency. The report highlights that renewables accounted for a dominant 85.6% share of total global capacity expansion, further cementing their position as the backbone of future energy systems, while non-renewable additions continued to decline in relative significance. Amid escalating geopolitical tensions, particularly in the…
Read MorePakistan govt hikes petrol price to Rs458, diesel to Rs520 per litre
The government on Thursday sharply increased petroleum prices, raising petrol to Rs458.41 per litre and high-speed diesel (HSD) to Rs520.35 per litre. The announcement was made at a press conference by Petroleum Minister Ali Pervaiz Malik alongside Finance Minister Muhammad Aurangzeb. The latest hike marks a significant jump from the previous notified prices earlier in March, when petrol was priced at Rs321.17 per litre and HSD at Rs335.86 per litre, indicating an increase of over Rs137.24 per litre in petrol, and Rs184.49 per litre in HSD. Aurangzeb also announced a…
Read MoreMuhammad Aurangzeb, the Federal Minister for Finance, has announced a targeted subsidy program for petroleum products.
He stated that motorcycle riders will receive a subsidy of Rs. 100 on 20 liters of petrol per month. The subsidy will be provided for a duration of three months. The Finance Minister further said that small farmers will be given a one-time subsidy of Rs. 1,500 per acre, while freight vehicles will receive a subsidy of Rs. 100 per liter. He also announced a monthly subsidy of Rs. 70,000 for trucks and Rs. 80,000 for larger vehicles. Passenger buses will be provided a monthly subsidy of Rs. 100,000. Muhammad…
Read MoreRising Power Demand Signals Policy Success: Minister Leghari to World Bank
Federal Minister for Power Sardar Awais Ahmed Khan Leghari informed that there is a significant and gradual increase in electricity consumption in Pakistan, which is an indicator of the success of the Government’s policies. The Minister was talking to the World Bank Country Director Ms. Bolormaa Amgaabazar, who met him here today. The Minister said that the Government is aiming to make electricity tariffs competitive enough so that the country’s main economic drivers can benefit from it. He apprised the World Bank Country Director that the Power Division, after assessing…
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