A single fuel regime for Pakistan
Energy in Pakistan has always been a sore point, especially because availability waxes and wanes and so does the policy. Public policy is most deficient and has always remained subservient…
Texas battery rush: Oil state’s power woes fuel energy storage boom
BlackRock, Korea’s SK, Switzerland’s UBS and other companies are chasing an investment boom in battery storage plants in Texas, lured by the prospect of earning double-digit returns from the power…
Pakistan’s textile industry
Energy sector is the largest GHG producer in Pakistan. It is estimated that the energy demand in the country will reach 108 – 126 million tons of oil equivalent (TOE)…
Energy market turmoil shakes Europe’s green power plan
Europe’s plan to roughly double renewable power generation by the end of the decade to cut its emissions and reliance on imported Russian fuel is under threat from market turbulence…
How this govt helped country avert sovereign default
In April of this year, when Mian Shehbaz Sharif became prime minister and appointed me as finance minister, Pakistan had about $10.5 in foreign exchange reserves. Our reserves had fallen…
Europe in high-cost race to replenish gas stocks Susanna Twidale and Nora Buli
Europe has begun refilling depleted gas stores to shore up supply for the winter and guard against possible disruptions in flows from Russia, but a sky-high market means the move…
Energy transition
REMEMBER Kodak? It used to be a household name globally including in Pakistan. Kodak’s management failed to forecast the speed of technological transformation of digital photography. The pioneers of photography…
Oil prices buoyed by soaring gas rates ahead of OPEC+ meet
The sharp rise in wholesale gas prices is spilling over into the oil market, with looming demand for electricity generation and heating likely to further spur the sector this winter.…
Why prospects for agri growth growing dimmer?
We claim to be an agricultural economy but successive governments' agriculture policies are one example which have proven to be futile in providing incentives to growers to cultivate international crops…
The LNG cost
Purchasing LNG from the government of Qatar at the rate of $8.64/mmBtu on the basis of a long-term agreement was an ill-considered and non-transparent move that our government was, until…
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