Category: News & Announcement

In its annual report World Energy Investment 2020, published late last month, the International Energy Agency describes ‘drastically altered’ energy markets in the wake of the Covid-19 Pandemic. It documents the largest fall in energy sector investment ever and uncovers historic shifts along the way, such as that for the first time ever there will be more consumer spending on electricity than on oil. More crucially, it asserts that the sudden fall in investment flows, in all energy sectors, leaves a troubling legacy for the future, for conventional and for ‘clean’…

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ISLAMABAD: The Imperial College London’s algorithm creates the picture that Pakistan will reach the peak on August 10, 2020 on which day around 80,000 deaths will occur. The research is sponsored by the UK government which shows the projected deaths from coronavirus in case of lockdown or otherwise in different countries, except the US and the UK. The website says about Pakistan that if it imposes 32 percent lockdown from February 27 to July 11, i.e. for 135 days, then August 04 will be the peak day with 13,570,000 people…

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Lahore, June 14, 2020: The Sindh High Court has ruled in favor of Gas & Oil Pakistan Ltd. (GO) in the company’s case against government agencies over harassment. The decision comes in lieu of the recent fuel crisis and the alleged involvement of OMCs amongst which GO is included. According to details, GO approached the Sindh High Court on June 12th, 2020 in view of the actions of various government agencies which were unjustified and amounted to harassment of its employees. The Sindh High Court ruled in GO’s favor based…

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June 15, 2020: Besides initiating construction work on the Main Dam of Diamer Basha Dam Project, Pakistan Water and Power Development Authority (WAPDA) is also gearing up for implementation of a Cultural Heritage Management Plan in the Project area with a view to fulfilling its national and international obligations for construction of water and hydropower projects. The Plan aims at preservation of pre-historic rock carvings and inscriptions to be submerged in water reservoir of Diamer Basha Dam, setting up a museum and promotion of cultural tourism in Gilgit-Baltistan, particularly in Chilas…

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