Federal Government Slashes Petroleum Prices for Next Fortnight
In a significant move aimed at providing relief to consumers, the federal government on Wednesday announced a reduction in petroleum…
IEA Lowers 2024 Oil Demand Growth Forecast, Deepening Gap with OPEC
IEA lowers the 2024 oil demand forecast, widening the gap with OPEC on global demand growth expectations. The International Energy…
OPEC Oil Production Dips in April, Casting Shadow on Upcoming Meeting
OPEC reports a in crude oil production of 48,000 bpd decrease in April, ahead of the OPEC+ meeting on future…
Pakistan, China Deepen Collaboration in Second Phase of CPEC
The Federal Minister for Planning, Development, and Special Initiatives heralded a new era of collaboration between China and Pakistan in…
Renewables Race to Record 30% of Global Electricity in 2023: Ember
Ember’s Review illuminated the remarkable growth trajectory of renewable energy sources, with their contribution to global electricity rising from 29.4%…
Thar Coal Mine Set for Full-Scale Operations with Approved Tariff
The Thar Coal & Energy Board (TCEB) has greenlit the Commercial Operations Date (COD) Stage tariff for the Thar Coal…
Experts Advocate Targeted Policies for Renewable Energy in Pakistan
Experts have called upon the Government of Pakistan and the State Bank of Pakistan to implement targeted policy measures aimed…
Solar Power Shakeup: Government Drafts New Policy with Major Rate Cuts
The proposed changes include a staggering 50% reduction in net metering electricity rates, along with a substantial decrease in power…
20 Countries with the Highest Renewable Energy Consumption Unveiled
The latest findings from the International Energy Agency (IEA) shed light on the 20 countries leading the charge in renewable…
G7 Ministers Vow to Accelerate Battery Storage Technology
G7 environment ministers have committed to accelerating the production and deployment of battery storage technology. In a significant move towards…
G7 Nations Set Deadline to Shut Down Coal-Fired Power Plants
Energy ministers from the Group of Seven (G7) major democracies have reached a pivotal agreement to shutter their coal-fired power…