Tag: energy
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Continuous violation of Indus Basin Treaty by India
India has continuously violated the Indus Basin Agreement as sources report that the Indus Water Commissioners meeting has been delayed since the last two years. Under the Indus Basin Agreement, a meeting of the India-Pakistan Indus Water Commissioners is required once a year. Pakistan’s Indus Water Commissioner, Mehr Ali Shah, has reportedly repeatedly requested a…
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Iran Ambassador fears US may hinder Pak-Iran gas pipeline project
Iran’s Ambassador to Pakistan Dr Reza Amiri Moqaddam has said that the United States may create obstructions in the payment procedure of Pak-Iran gas project, however, both countries could find a solution to this. The Ambassador’s statement came after US Assistant Secretary of State Donald Lu, in a congressional hearing, gave caustic remarks regarding the…
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Pakistan Stock Exchange surges 2.33% to reach 66,223.63 points
The Pakistan Stock Exchange (PSX) maintained its upward trajectory, with the benchmark KSE-100 index reaching a new pinnacle on Friday.
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Govt decides not to reduce petrol, diesel prices
The caretaker government announced on Tuesday that petrol and diesel prices would remain unchanged until November 15. Furthermore, the government reduced the prices of kerosene and light-speed diesel by Rs 3.82 and Rs3.40 per litre. Kerosene and light-speed diesel will now be priced at Rs211.03 and Rs189.46 per litre, respectively. In the previous review on…
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Unleashing the Potential of Energy Efficiency in the Building Industry
The National Energy Efficiency and Conservation Authority (NEECA) is at the forefront of transforming the building sector in Pakistan by promoting energy-efficient practises. NEECA serves as the federal focal agency mandated for initiating, catalysing, and coordinating all energy conservation activities across all sectors of the economy. In this article, we will delve into NEECA’s initiatives and…
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Govt considers substantial gas tariff hike as energy concerns loom
Caretaker Minister for Energy, Muhammad Ali, addressed concerns about gas prices during a visit to the Lahore Chamber of Commerce and Industry (LCCI), accompanied by Caretaker Federal Minister for Commerce, Industries, and Production, Gohar Ejaz.
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Pakistan invites Saudi Arabia to invest in key sectors like agriculture, IT, and energy
Prime Minister (PM) Shehbaz Sharif has extended a warm invitation to companies from Saudi Arabia, encouraging them to explore exciting investment prospects in various sectors such as agriculture, mining, technology, energy, and more. This friendly call was made during a meeting with Saudi Arabia’s Vice Minister for Foreign Affairs, Waleed Abdulkarim El Khereji, held in…
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Rural areas in Pakistan are facing up to 10 hours of load shedding due to massive power shortfall
Amidst a severe heatwave sweeping across the nation, the persistent electricity crisis shows no signs of relenting, with a power shortfall of 6,000 megawatts being recorded. The demand for electricity stands at 28,500 megawatts, while the actual production amounts to 22,500 megawatts.
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Massive reduction in petrol price expected as Pakistan aims for one-third crude oil import from Russia
Minister of State for Petroleum, Musadik Malik, has announced that the prices of petroleum products will witness a decrease once a continuous supply of oil from Russia is ensured.
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Pakistan and Russia aim to strengthen bilateral relations in trade, investment, and energy sectors
In an effort to strengthen bilateral relations between Pakistan and Russia, Chairman Senate Muhammad Sadiq Sanjrani engaged in productive talks with Chairman of the Russian Duma, Mr Volodin, during a delegation-level meeting held in Moscow on Wednesday.