Tag: energy sector

MG Pakistan Introduces 7kW Fast EV Charging for HS PHEV SUV

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Hybrid Electric Vehicle

LAHORE – May 6, 2025:MG Pakistan has announced a major enhancement to its electric vehicle lineup by equipping all new models of its flagship MG HS Plug-in Hybrid Electric Vehicle (PHEV) with a 7kW fast charger, replacing the previously offered standard portable charger. The move comes as part of MG’s broader commitment to promoting smart and efficient urban mobility in Pakistan. Since the vehicle’s local launch in *October 2024, followed by **production commencement in January 2025, the HS PHEV has garnered a strong market response with *over 500 units delivered,…

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Pakistani High Commission in London attacked by Indian extremists

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attack on Pakistani High Commission

Pakistani High Commission in London came under attack by Indian extremists, who vandalized the building by breaking its windows and throwing paint on the premises. According to reports, police responded promptly and arrested one of the attackers at the scene. The incident has raised serious concerns about the safety and security of diplomatic missions in the city.

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Europe on track to smash solar power output record in 2025: Maguire

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solar energy

LITTLETON: Solar electricity production in Europe during the first quarter of 2025 was up by over 30% from the same months in 2024, setting the stage for full-year record performance from the region’s solar farms. Total solar electricity generation over the January to March period was nearly 68 terawatt hours (TWh), data from Ember shows, which was 32% more than the same period a year ago. Solar assets accounted for 8.2% of Europe’s utility-supplied electricity in March, up from 6% in the same month a year ago, which indicates that…

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OPEC+ to consider another accelerated oil output increase for June

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Oil falls

LONDON: Several OPEC+ members will suggest accelerating oil output hikes in June for a second consecutive month, three sources familiar with the matter told Reuters. Oil prices fell to a four-year low in April, weakened by a U.S.-China trade war and the unexpected decision by OPEC+, which brings together OPEC and other major producers such as Russia, to increase output by 411,000 barrels per day of oil in May. The figure was three times more than the group originally planned. Eight OPEC+ countries will meet on May 5 to decide the…

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Gold prices in Pakistan see biggest drop in history

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gold price

In a new twist in the US-China tariff war, the price of gold in Pakistan and world over has witnessed the biggest drop in history According to the All Pakistan Sarafa Gems and Jewellers Association, the price of 24-karat gold per tola saw a massive drop of Rs11,700 to reach Rs352,000. Similarly, the price of 10 grams of gold decreased by Rs10,031, bringing it to Rs301,783.  Also Read: Gold rate shatters all records in Pakistan – April 22, 2025 The global gold market has also witnessed significant changes, with the price…

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