Category: Shortcode

Over the past two years or so, the clean energy sector has been a major laggard with investors giving it a wide berth. The iShares Global Clean Energy ETF (ICLN), a catch-all bet on clean energy, is trading 36% below its January 2021 all-time high after a major rally fueled by ESG optimism drove many stocks in the sector to record highs and stratospheric valuations. The renewable energy sector is having to contend with yet another formidable foe: rising interest rates. Renewable energy projects tend to be sensitive to high…

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That would be the road to hell for America,” JP Morgan’s CEO Jamie Dimon said last week, referring to a suggestion that all big banks divest from the oil and gas industry. In the same week, Aramco’s chief executive warned that years of underinvestment in new oil production are beginning to bear fruit, which is an undersupplied market. Despite these statements that suggested oil prices should move higher, oil fell for much of the week. Yet it wasn’t dragged down by fundamentals. Oil prices are down because many traders and investors are…

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Norway will beef up its security at its oil and gas installations after three explosions rocked the Nordstream 1 & 2 pipelines, the country’s oil and energy minister said on Tuesday. Germany’s economy minister also offered words of strength on Tuesday, saying that it knows how to—and can—defend its infrastructure. This week, both Danish and Swedish authorities reported leaks from both the Nordstream 1 and 2 pipelines in the Baltic Sea. Neither pipeline was operational at the time, but contained gas, which is now leaking into the surrounding waters. European…

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That’s as efficient as most commercially available solar cells, Mohite said. Mohite noted, “This is really good for flexible, bifacial cells where light comes in from both sides and also for back-contacted cells. The 2D perovskites absorb blue and visible photons, and the 3D side absorbs near-infrared.” The new advance largely removes the last major roadblock to commercial production he added. Perovskites are crystals with cubelike lattices known to be efficient light harvesters, but the materials tend to be stressed by light, humidity and heat. Mohite and many others have…

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Syed Jawaid Iqbal of CMC (Pvt) Ltd., has been elected (unopposed) as Chairman, Pakistan Advertising Association, the sole body representing the advertising profession and allied sectors, on national level. Others elected (unopposed) include Brig (R) Muhammad Zubair Rehan (Creative Junction) as Senior Vice Chairman and Mr. Jawad Humayun (Channel 7 Communications) as Vice Chairman. Mr. Fahd Khan (Manhattan Communications) has been elected as Chairman Zone “A”, Mr. Usman Attique Butt (Interlink Advertising) as Chairman Zone “B”, and Mr. Nadeem Kabir Alvi (Oktopus 360 Media) as Chairman Zone “C” while Mr.…

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