Category: Shortcode

The proposed energy efficiency policy is going to make it mandatory that no electricity meter will be installed in the new houses without securing an energy efficiency certificate along with the energy map. “We are bringing new energy efficiency policy, making it mandatory to secure energy efficiency certificate along with energy map for building new houses,” Secretary Power Division told the National Assembly Standing Committee on Energy (Power Division). If someone builds a house without obtaining an energy efficiency certificate, he/she will not be allowed to get an electricity meter…

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The federal cabinet has approved the restoration of 11 cancelled petroleum exploration licences on the recommendation of the Petroleum Division. The cabinet met under the chairmanship of Premier Shehbaz Sharif on Thursday.During the meeting, the Ministry of Planning presented a report related to the biblical floods in Pakistan during the current year. The Post-Disaster Needs Assessment (PDNA) was conducted by the planning ministry in collaboration with the World Bank, Asian Development Bank, European Union, the United Nations, all provincial governments, governments of Gilgit-Baltistan and Azad Jammu and Kashmir, civil society,…

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Oil prices fell on Thursday on the prospect of a key Canada-to-U.S. crude pipeline that shut after a leak returning to service soon, putting a hefty amount crude back into the market at the same time that global economic slowdowns raised fuel demand fears. Brent crude lost 67 cents, or 0.9 percent, to $76.50 a barrel by 1629 GMT, while U.S. West Texas Intermediate crude shed 17 cents, or 0.2 percent to $71.84. Canada’s TC Energy said it shut its giant 622,000 barrel-per-day Keystone crude oil pipeline, which is the…

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It’s been a long time since I last looked into the offshore data in the BP office in London. Without getting into granularity, exploration history of Pakistan offshore in general is not much different from other successful offshore basins across the globe. It is one of the largest frontier offshore basins in the world. A common theme in all these successful basins is that the oil and gas was always there but could not be discovered due to limited subsurface understanding and technological constraints. I have seen loads of geology…

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Hours of electricity shutdowns in the summer and hours of gas load shedding in the winters, such is life for the residents of the country’s most populated city – who are irked by the additional costs they are having to bear to cook food or keep warm ever since the mercury dropped. The residents of Karachi, much like the rest of the country, cannot light up their stoves or heaters this winter for extended periods of time due to the ongoing gas crisis, which forces them to rely on either…

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