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HARIPUR: Landowners from the remote Sarahdna villagein Khanpur tehsil have criticised a gas exploration company over what they called its failure to fulfil conditions incorporated in the memorandum of understanding(MoU) at the time of land acquisition. They warned that they would stage protests if their demands were not met in two weeks. Located on the eastern bank of Khanpur reservoir at a distance of around 60km from the district headquarters, the Sarahdna village was selected for oil and gas exploration before the MOL Pakistan Oil and Gas Co BV began…

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The division, in a press release issued about the seminar on gas supply issues held recently at the Prime Minister Secretariat, said,”The discourse was very productive and led to suggestions on the way forward for issues pertaining to gas sector of Pakistan.” The seminar witnessed active participation from the Federal Government, parliamentarians, provincial ministers, provincial energy departments, corporate executives and energy experts. In his keynote address, Prime Minister Imran Khan had appreciated the efforts of Minister for Energy Omar Ayub Khan, Special Assistant to the Prime Minister on Petroleum (SAPM) Nadeem Babar and Petroleum Division for holding a thorough debate on gas sector, emphasizing the need to outline…

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France has announced its plans to invest €100 billion (~$118.4 billion) to retrieve the economy from the damage caused by the COVID-19 pandemic. As part of its ‘France Relance’ (France Relaunching) plan, the government has allocated €30 billion (~$35.51 billion) for the green energy sector. The total impetus of €100 billion is one-third of France’s annual budget, 40% of which would be facilitated through the member states of the European Union until 2026 and would be payable by 2058. The focus would be on the energy renovation of sectors like transport, buildings,…

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As the single-largest carbon-free source of electricity, nuclear power often plays a big part in plans to decarbonize energy. Many policymakers insist that nuclear must be part of any solution to avoid the worst consequences of climate change over the coming decades. But as the debate over preserving existing nuclear plants and supporting advanced nuclear technologies continues, it is becoming clear that the relationship between nuclear power and climate change is a two-way street: While nuclear’s role in the energy mix can decrease CO2 emissions and thus help governments meet climate goals, consequences…

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President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the country will witness a serious gas crisis soon which is resulting in sleepless nights for investors. The successive governments have not done enough to balance supply and demand for gas over the last decade which has make crisis part of the winter in the country, he said. Mian Zahid Hussain said that Prime Minister Imran Khan should take steps to hinder crisis in the making as it will…

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