UAE Leadership’s Vision Behind Successes In Peaceful Nuclear Energy Sector: Hamdan Bin Zayed

ABU DHABI, (UrduPoint / Pakistan Point News / WAM – 06th Apr, 2021) H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s Representative in the Al Dhafra Region, stated that the continuous successes and major achievements accomplished by the UAE in the area of peaceful nuclear energy are the outcomes of the vision of President His Highness Sheikh Khalifa bin Zayed Al Nahyan, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince…

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Pakistan and Russia are Shaping New Era of Strategic Relationship

Asia is a goldmine of opportunities and choices for the major powers. Significant location of Pakistan in the region attracts major powers as well. Change in geopolitics with opportunities and choices leads regional states towards decisive shift in their foreign policy. Russia is opening eyes and looking to be a regional hegemon. Although Pakistan and Russia have no history of good relationship but the strategic realities gave birth to the current shift which is much positive for both Islamabad as well as Moscow. Pakistan-Russia has past of adversary but today,…

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CPEC: China & Iran strategic partnership | By Dr Mehmood Ul Hassan Khan

CHINA Pakistan Economic Corridor (CPEC) has now become hot topic in the South East Asia and Central Asia regions because of its “trans-regional” importance in terms of a real “pushing force” to achieve immense “socio-economic” prosperity, “regional integration”, food and energy cooperation, poverty eradication, green revolution and last but not the least, “connecting hub”. The CPEC has become a “magnetic force” to promote ties of mutual respect, equal rights of prosperity, community development and positive & productive political consultations in the region and beyond. The “preachers” of disinformation, disintegration, destruction,…

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LNG is competitive with diesel and LPG for industrial use: CEEW study

According to the study, small-scale LNG can offer a cheaper alternativeSmall-scale LNG can be delivered at prices competitive with diesel and LPG used in industry, according to a study released on Tuesday by Council on Energy, Environment and Water (CEEW). Considering a one-way distance of 200 km and the average 2017-18 LNG import price, the study estimates the delivered price of natural gas to be $11.11 (₹815) per million British thermal unit (mmBtu) as compared to the average industrial prices of $24.04 per mmBtu for diesel and $16.62 per mmBtu…

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Lesco leads Discos in receiving applications for net-metering

LAHORE: The Lahore Electric Supply Company (Lesco) is leading rest of the distribution companies (Discos) in receiving applications for net-metering, issuance of generation licences by National Electric Power Regulatory Authority (Nepra) and commissioning of the capacities, said sources. According to reliable sources in the Alternative Energy Development Board, the Lesco has received 2,995 applications with a total capacity of 58785.2 kilowatt till February 28, 2021. Against these applications, the Nepra has issued licences against 2,704 applications with a generation capacity of 50.14 megawatts out of which 2,494 applicants have commissioned…

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Why The Suez Crisis Failed To Disrupt LNG Markets

On the morning of March 23, the world was shaken by the unfortunate news of the Suez Canal being blocked. At 07.40 local time, the Ever Given ran aground when strong winds blew it off course. The importance of the Suez Canal to global shipping can hardly be underestimated. Pundits were quick to point out the blockade’s effect on global supply chains. Energy prices were anticipated to be impacted too. However, the blockade failed to significantly move oil and gas prices. Taking a closer look at global LNG markets, the…

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European Demand Driving U.S. LNG Exports — LNG Recap

The European natural gas market is helping drive U.S. export demand. Prices on the continent closed higher last week. The Dutch Title Transfer Facility finished at $6.620/MMBtu and the UK’s National Balancing Point settled at $6.531 ahead of the Good Friday holiday.  European markets were closed for Easter Monday, but colder weather late last week along with strong natural gas demand being created by the need to replenish depleted storage stocks pushed prices higher.  Underground natural gas storage in Europe was at just 31% of capacity on Saturday after a…

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Carbon Pricing: The Oil & Gas Industry’s Latest Delay Tactic

The oil and gas industry’s history of responding to the climate crisis is a tall-tale of big promises without action: first it funded the denial of climate science then acknowledged the same science once public opinion shifted. Today companies are now making voluntary commitments to reduce pollution, supporting rules in the abstract, or supporting inadequate rules with strings attached. What the industry as a whole has yet to do is act in proportion to the emergency. The newest talk–which has captured the attention of many journalists and investors–is a price…

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When the power went out, Texas oil & gas regulators rushed to defend the industry’s image

When the power went out for Marsha Hendler on Feb. 15, she rushed to her downtown San Antonio office to ride out the winter storm. Thankful to find the electricity and heat still on, she typed out an email to the elected officials who regulate her small, independent oil and gas company. “I strongly urge you to make public statements, to develop a PR program around our current energy conditions,” Hendler wrote at 2 p.m. that day to the three members of the Texas Railroad Commission, according to an email…

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K-Electric inaugurates Mehmoodabad Grid Station

Karachi, 06th April 2021: In a ceremony held at a local hotel, K-Electric inaugurated its 71st grid station. Set up with state-of-the-art equipment provided by long-time technology partner, Siemens Pakistan, the Mehmoodabad Grid Station is one of the power utility’s few grid stations that can be remotely managed from the KE Load Dispatch Centre. The Honorable Consul General of Germany to Karachi, Mr. Holger Ziegeler, who graced the event as Chief Guest, said; “As a scientist myself, I am always fascinated by technological developments. It was very exciting to visit the new grid station.…

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