Category: Latest News

Abu Dhabi / Bonn — The International Renewable Energy Agency (IRENA) continues to consolidate its role as a leading global force in the energy sector, bringing together more than 170 member states through its headquarters in Abu Dhabi and its Innovation and Technology Center in Bonn, Germany. This week, government representatives and non-governmental observers convened in Abu Dhabi for IRENA’s annual General Assembly, a key forum shaping global energy policy at a time when renewable energy investments have surpassed those in fossil fuels. The World Wind Energy Association (WWEA), a…

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Oil and Gas Development Company Limited (OGDC) is actively evaluating Pakistan’s unconventional hydrocarbon resources as part of its long-term growth strategy, according to MD and CEO Ahmed Hayat Lak in an interview with Reuters. He said the company is expanding its tight gas evaluation footprint, with around 4,500 square kilometers of 3D seismic coverage planned across operated areas to delineate key horizons and unlock existing resource potential. OGDC has also lined up a series of shale gas exploratory wells—both vertical and horizontal—with five to six pilot projects targeted for 2026–27.…

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KARACHI (Jan 12): Sindh Chief Minister Syed Murad Ali Shah and the Prime Minister’s Special Assistant on Industry and Production, Haroon Akhtar, held a high-level meeting to forge a strategic partnership between the federal and provincial governments to foster Small and Medium Enterprise (SME) development in the province. The meeting, held at CM House, was attended by Minister for Industries Jam Ikram Dharejo, Chief Secretary Asif Hyder Shah, Special Assistant to the CM for Investment Syed Qasim Naveed, and Secretary to CM Raheem Shaikh. The federal government delegation included Federal…

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KARACHI: Fresh from acquiring a controlling stake in Pakistan International Airlines (PIA), leading businessman Arif Habib has set his sights on Pakistan’s vast but underdeveloped blue economy, with particular interest in the Pakistan National Shipping Corporation (PNSC). Speaking to journalists at the Naya Nazimabad Gymkhana on Sunday, the 73-year-old industrialist disclosed that the new PNSC management has invited him for discussions on the corporation’s future, signalling potential private-sector participation in the maritime sector. Pakistan’s blue economy—focused on the sustainable commercial use of ocean resources—remains largely untapped, despite an estimated potential…

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Faisalabad: Faisalabad Electric Supply Company (FESCO) has earned top accolades for its commitment to workplace safety, securing second place among government distribution companies and third overall in the National Electric Power Regulatory Authority (NEPRA) Annual Health, Safety and Environment (HSE) Performance Awards for 2024-25. The official NEPRA Performance Evaluation Report has been published on NEPRA’s website, highlighting the sustained efforts of all distribution companies (DISCOs) and safety professionals in promoting effective and sustainable HSE standards across Pakistan’s power sector. FESCO CEO Engr. Muhammad Aamer congratulated the team, particularly Director HSE…

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