Category: Recent Post

Oil and Gas Development Company (OGDC) has made a gas and condensate discovery in its exploratory well Saib-1 in Kohat district of Khyber-Pakhtunkhwa. According to a statement issued by the oil and gas exploration company, the Saib Well-1 was drilled and tested using OGDC’s in-house expertise. The well was drilled to the depth of 5,500 metres. Based on the open hole logs data, the well test showed a flow of 1.6 million standard cubic feet of gas per day and 12 barrels per day of condensate with pressure of 190…

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This refers to displays/advertisements appearing in some leading newspapers on August 25 & 28, 2020 regarding the honourable Supreme Court judgement in the GIDC Act 2015. These advertisements have wrongfully presented the landmark Supreme Court judgement of 13th August 2020 on the GIDC Act 2015. Through these advertisements an impression is being created as if this judgement will negatively affect the economy and that there is no need to collect the outstanding Cess as the already collected amount is sufficient to complete these projects. The advertisement erroneously claims that North…

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ISLAMABAD: After the MoUs signed with the independent power producers (IPPs) installed under 1994, 2002 and 2006 power policies, the tariff of private power houses will be sliced but the sale tariff for end consumers will not tumble, as the Power Division wants to use the gains to be achieved from reduction in the IPPs tariff to cope up with the circular debt that has jacked up to over Rs2.2 trillion. Talking to The News on the power sector’s woes and forward looking strategy to rid the sector of financial…

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A nuclear energy venture founded by Bill Gates said Thursday it hopes to build small advanced nuclear power stations that can store electricity to supplement grids increasingly supplied by intermittent sources like solar and wind power. The effort is part of the billionaire philanthropist’s push to help fight climate change, and is targeted at helping utilities slash their emissions of planet-warming gases without undermining grid reliability. TerraPower LLC, which Gates founded 14 years ago, and its partner GE Hitachi Nuclear Energy, plan to commercialize stations called Natrium in the United…

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People have started calling me the Chacha (uncle) who successfully harvested four different crops in a single year: cotton, corn, apple gourd, and wheat,” says the elderly man with pride. This year, his wheat crops have yielded exceptionally, and he has rotated crops to keep the soil healthy. Mitho’s parcel of land sits at the tail end of the Nara Canal in a remote village in District Mirpurkhas in Sindh, Pakistan. Home to more than 50 million people, the province faces a harsh climate. Access to water is a challenge.…

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