Category: Highlights

Pakistan-made footballs at FIFA World Cup 2022: the ‘crown jewel’ for Sialkot’s Forward Sports November 21, 2022 The FIFA World Cup 2022 begins on Sunday as focus finally moves towards the action on the field, marking the culmination of Qatar’s extraordinary campaign to first win the vote to land the tournament and then embark on a spending spree of tens of billions of dollars to build the stadiums and infrastructure to cater to it. The country of barely 3 million people, one of the world’s biggest producers of natural gas,…

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In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig into some data and provide a bit of explanation on what drives the numbers. Let’s take a look. 1. Saudi Arabia Leads OPEC+ by Example • According to Kpler vessel tracking data, Saudi oil exports are down almost 0.5 million b/d this month compared with the previous month, dropping back to June-July levels of production.• At…

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he French electricity grid is at higher risk of strained power supplies in January 2023 than previously estimated due to lower nuclear power generation, France’s power grid operator RTE said in its latest winter preparedness analysis on Friday. Delays in routine maintenance work at France’s nuclear power stations will lead to a slightly lower nuclear availability this winter than expected back in September, the grid operator said. This raises the risk of a power supply crunch in January, RTE said. The main uncertainties in France’s power supply are gas supply,…

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Cost of power generation in the country went down by three percent in the month of October this financial year, compared to the same month of last fiscal. Tahir Abbas, head of research at Arif Habib Limited said, “The decline in the total power generation cost was mainly triggered by rise in the power generation from hydel, nuclear, wind and solar sources.” According to the data on the cost of power generation in the country, during October 2022, the fuel cost for power generation decreased by three percent to an…

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OPEC is “back in the driver’s seat” as the world’s most powerful swing producer, Hess Corp CEO John Hess said on Thursday at a Miami conference. According to Hess, U.S. crude oil production will average 13 million bpd over the next few years, where it will plateau, as investors pressure U.S. oil companies to focus on returning money to shareholders instead of investing in aggressive growth strategies. It’s what we’ve been hearing for most of the year; U.S. oil companies are skittish about spending what has been a significant influx…

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