Category: News & Announcement

Saad al-Kaabi, who heads the energy portfolio of the world’s top liquefied natural gas (LNG) supplier, also said the company could seek to raise debt next year for its domestic North Field LNG expansion. Qatar, a tiny but wealthy country is one of the most influential LNG market players with annual production of 77 million tonnes. It plans to increase its LNG production to 126 million tonnes a year by 2027. Kaabi told Reuters QP will postpone the start of production from its new gas facilities until 2025 following a…

Read More

World’s 11th-Largest Economy Hearts Renewable Energy One key state is New York State, which by some measures would be the world’s 11th-largest economy if it was an independent country. On Friday, April 3, New York announced the passage of enabling legislation for its new clean power plans. If that date rings a bell, April 3 is the same day that seven top oil and gas executives went to the White House to discuss the plight of their industry. If that’s not a clapback, nothing is. Along with the now-familiar goal of creating…

Read More

The gas giant Gazprom is no longer in the spotlight after the US Treasury sanctioned Rosneft, the Russian national oil company, most probably triggering the collapse of the OPEC+ agreement and bringing about an unexpectedly low pricing environment for March 2020 within both the oil and gas segments. Having launched Power of Siberia to China, Gazprom is now intent on bringing Nord Stream-2 online before the end of the year, moving its own pipe-laying vessel from the Russian Far East to the Baltic region to deliver on all its major…

Read More

In September 2018, 29-year old college drop out and serial entrepreneur Brandon Timinsky was invited to come visit Pakistan by an old college buddy. At the time, Timinsky was looking for an Asian market to plant himself and his latest idea in. Today, the born and raised Florida man is still in Pakistan, hoping his Fintech project ‘SadaPay’ will change the way banking and money work in Pakistan.  It is a strange thing to think about, an American entrepreneur trying to find a way into Pakistani banking. But Timinsky’s story…

Read More

KARACHI: The National Institute of Cardiovascular Diseases (NICVD) has suggested setting up diagnostic laboratories in containers similar to the ones currently being used by the institute to contain the spread of coronavirus in Sindh. The advice by NICVD Executive Director Professor Nadeem Qamar was given to the provincial government as the number of COVID-19 cases jumped to 932 in the province on Monday. The hospital assured the government that it could provide necessary technical support in setting up the mobile laboratories across 29 districts of the province, similar to the mobile chest pain…

Read More