Category: Highlights

Sindh Government and Civil Society Align to Tackle Climate Impacts of Energy Projects

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Nasir-Shah

KARACHI: In a significant step towards inclusive energy policy-making, Sindh’s Minister for Energy, Syed Nasir Hussain Shah, emphasized the need for government collaboration with civil society to shape climate-resilient energy policies. Speaking at the Sindh Energy Dialogue, jointly organized by The Knowledge Forum and NED University of Engineering and Technology, the minister outlined the province’s ambitious renewable energy initiatives, including solar parks and home solar solutions for underserved populations. “The Sindh government is committed to affordable electricity for all. Civil society must partner with experts and institutions to ensure public…

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OPEC+ production cuts may support oil prices in near term, Goldman Sachs says

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oil

Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest near term upside to Brent prices, Goldman Sachs said. Saudi Arabia is more likely to extend oil production cuts because of the recent price drop and we now think that oil production cuts will last until April 2025 instead of January, the investment bank said in a note dated Tuesday. Goldman Sachs maintained its average Brent price forecast for 2025 at $76 per barrel. OPEC+, which includes members of the OPEC and…

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PPL records significant boost in hydrocarbon production

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hydrocarbon

Pakistan Petroleum Limited (PPL) has registered a notable increase in hydrocarbon production from its wells located across the country. The exploration and production (E&P) company on Wednesday shared the details of its production enhancement registered during the period between April 2024 and November 2024 via notice to the Pakistan Stock Exchange (PSX). “The company is pleased to announce its contribution towards Pakistan’s energy outlook and reaffirms its unwavering commitment to the country’s energy security by prioritizing the maximization of domestic hydrocarbon production,” read the statement. PPL shared that with many…

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Oil slips after surprise build in U.S. gasoline stocks

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oil price

Oil prices edged lower on Wednesday as a large, surprise build in U.S. gasoline stocks outweighed easing supply concerns from a ceasefire deal between Israel and Hezbollah. Brent crude futures fell 12 cents, or 0.2%, to $723.69 a barrel by 10:40 a.m. ET (1540 GMT) and U.S. West Texas Intermediate crude eased 15 cents, or 0.2%, to $68.64. U.S. gasoline stocks rose by 3.3 million barrels in the week to 212.2 million barrels, the Energy Information Administration said, compared with analysts’ expectations in a Reuters poll for a 46,000-barrel draw.?…

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Eid Al Etihad 53: Dubai Unveils Unforgettable Experiences for the Long Weekend

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Eid Al Etihad

Eid Al Etihad 53: Dubai Unveils Unforgettable Experiences for the Long Weekend November 27, 2024 Dubai, UAE – Dubai is gearing up to celebrate Eid Al Etihad 53 with a spectacular array of experiences that promise to make the long weekend unforgettable. From 28 November to 3 December, Dubai will come alive with dazzling fireworks, cultural celebrations, thrilling live entertainment, exclusive offers at leading hotels and attractions, and a feast of local cuisine. Top Experiences to Enjoy in Dubai this Eid Al Etihad For more information, visit the Eid Al…

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