In a display cabinet in the recently opened Our Broken Planet exhibition in London’s Natural History Museum, curators have placed a small nugget of dark material covered with faint indentations. The blackened lump could easily be mistaken for coal. Its true nature is much more intriguing, however. The nugget is a polymetallic nodule and oceanographers have discovered trillions of them litter Earth’s ocean floors. Each is rich in manganese, nickel, cobalt and copper, some of the most important ingredients for making the electric cars, wind turbines and solar panels that…
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Oil and gas facing new realities
The oil and gas sector is undergoing permanent change brought about by a number of key events mostly related to climate change. The sector was slow to respond to the 2016 Paris Agreement, but Europe’s decisive move towards deep decarbonisation, intensified pressure from shareholders and activists, and more recently court action, are forcing permanent change on the international oil companies (IOCs) on which the East Med is staking its future natural gas development. Devastating floods and wildfires this year have added to public perception that higher temperatures brought about by…
Read MoreHascol launching Vaccination Centers on M2 motorway
In coordination with the National Command & Control Centre (NCOC) and the Oil & Gas Regulatory Authority (OGRA), Hascol Petroleum Limited is establishing Drive-Through Vaccination Centers at selected retail outlets on the M2 Motorway in Bhera, and at its Excellence Training Centre in Machike. The Covid-19 menace shows no signs of abatement in the country with the Delta variant claiming more and more precious lives. Therefore the Government of Pakistan and the private sector are joining hands to meet the challenge head-on to promote vaccination amongst the entire population of…
Read MoreFPCCI seeks energy tariff relief for domestic industries
The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Businessmen Panel has called for lessening the burden of heavy taxes on the power sector, as it has pushed the electricity prices higher and added to the already soaring cost of trade and industry. FPCCI’s Businessmen Panel Chairman, Mian Anjum Nisar in a statement issued here on Saturday, appreciating the government for approving continuation of electricity and gas subsidy for export-oriented sectors, has sought the same competitive energy tariffs for domestic industries to capture the global market. He said that…
Read MoreMasdar Celebrates Inauguration Of Landmark 100 MW Nur Navoi Solar Project In Uzbekistan
Masdar, a subsidiary of Mubadala Investment Company and one of the world’s leading renewable energy companies, has inaugurated the Nur Navoi Solar Project – Uzbekistan’s first successfully-financed independent power producer (IPP) solar project. The inauguration ceremony was attended by Shavkat Mirziyoyev, President of the Republic of Uzbekistan, Sardor Umurzakov, Deputy Prime Minister and Minister of Investments and Foreign Trade for the Republic of Uzbekistan, Alisher Sultanov, Minister of Energy for the Republic of Uzbekistan, and Saeed Matar Al-Qemzi, UAE Ambassador to the Republic of Uzbekistan. The event, held at the…
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