Caretaker Government Revamps Electricity Act for Competition
In a bid to revamp Pakistan’s power sector and introduce a competitive electricity market, the government has directed the Power Division to amend the National Electricity Act 1910. In a…
Equinor, BP Pull Plug On Empire Wind 2 Project In New York
European energy giants Equinor and BP have decided to terminate their power sale agreement with New York state for the proposed Empire Wind 2 offshore wind farm. European energy giants…
European And Chinese Energy Groups Compete For US LNG Shipments
According to data from S&P Global Commodity Insights, Europe and China accounted for close to 40% of the US LNG supply contracts signed between 2021 and late June 2023. Energy…
US Nuclear Plants Purchase Less Uranium At Higher Prices: EIA Report
Russia provided about 3.4 million SWU, which is only marginally less than the 3.9 million SWU of US origin that were bought during the year. The most recent annual uranium…
US Energy Firms Use Ukraine Conflict To Secure Gas Contracts
The 2022 LNG contracts total 58.1 million metric tons of LNG, which is more than half the gas burned for cooking and heating in US homes in 2021. US oil…
Tehran To Host 5th Technology Investment Meeting 2023
11 investment contracts worth $10.6 million have been signed in the fields of medical equipment, mining, transportation, ICT, and energy. The “D-8,” a group of eight developing Islamic nations, will…
WAPDA awards contracts worth Rs98.5bn to supply 260 MGD of water to Karachi
The Water and Power Development Authority (WAPDA) on Thursday awarded three contracts worth Rs.98.5 billion for construction of Phase-I of Greater Karachi Water Supply Scheme – also known as K-IV…
Awards Of Contracts Approves By USF To Jazz, Zong,Ufone
The Universal Service Fund (USF) Board on Thursday approved awards of contracts to the PMCL (Jazz), the CMPAK (Zong), and the PMTL (Ufone) for Next Generation Broadband for Sustainable Development…
Telecom giant KT launches blockchain platform for contracts
The KT Paperless blockchain platform will enable users to create, distribute and store contracts, and check when they’ve been opened, signed or altered. South Korea’s largest telecommunications conglomerate, KT, is…
USF BOD endorses contracts for Telenor & Jazz
The Board of Directors (BoD) of Universal Service Fund Company (USF Co) has approved the award of two contracts with a subsidy of Rs. 680 million to Telenor Pakistan and…