Hydrogen strategy criticised for relying on fossil fuel gas

The European Commission revealed on Wednesday (8 July) its strategy to high end eco-friendly hydrogen production and introduced the European Clean Hydrogen Alliance to supervise its application. “Hydrogen is a vital missing piece of the puzzle to help us reach this deeper decarbonisation,” stated EU commissioner for energy, Kadri Simson. The proposition develops a three-phase […]

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Price hike adds fuel to Opp’s fire

— PTI’s Raja Riaz signs up with Opp members in criticising govt, regrets non-disbursement of advancement funds — Energy minister declares costs of petroleum items in Pakistan are most affordable in South Asia ISLAMABAD: Opposition legislators and a member of the judgment Pakistan Tehreek-e-Insaf (PTI) on Saturday blasted the federal government over a current hike […]

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Federal govt denies fuel shortage, says KE’s system faulty

ISLAMABAD: The federal energy ministry on Friday rejected K-Electric’s claims of fuel shortage, firmly insisting rather that the power energy business has actually stopped working to boost its system. The Centre is currently supplying 800 MW of electrical energy to the power energy business, and has the capability to offer extra 500 MW from the […]

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The Fed’s Coronavirus Spending On Fossil Fuel Could Dig A $19 Billion Money Pit

As the coronavirus pandemic tanked U.S. markets in March, the Federal Reserve began providing straight to business throughout a large range of business sectors by purchasing up business bonds. The $250 billion that Congress licensed the main bank to inject into the bond market assisted lots of otherwise healthy balance sheets weather the unexpected financial […]

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Imran orders action against artificial fuel shortage

— Premier orders development of teams to rob, check oil business’ storage centers ISLAMABAD: Prime Minister Imran Khan on Tuesday purchased optimal punitive action against those accountable for the artificial fuel shortage in Pakistan. In a conference of the federal cabinet, the prime minister directed the Oil and Gas Regulatory Authority (OGRA) and Petroleum Division […]

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