Another oil crisis – Pakistan
Pakistanis recently witnessed a repeat of the 2015 petroleum shortage. The reason was, once again, the falling global prices and the attempt by the oil industry to avoid inventory losses. Continue Reading
India Scrambles To Keep Up With Soaring Fuel Demand
India’s refinery capacity utilization picked up in May to an average of 77 percent after the world’s third-largest oil importer started to ease the nationwide lockdown, data from the oil Continue Reading
Lahore, other cities grapples with load shedding amid scorching heat
Series of announced and unannounced Power load-shedding in different cities including Lahore has gone up amid scorching heat. According to the details, with the increase in the intensity of heat, Continue Reading
India Looks To End Decades-Old State Monopoly On Coal Mining
ndia has taken an historic step towards ending the state monopoly on the mining and selling of coal by auctioning 41 mines in the country, a move that allows private companies Continue Reading
India Takes Big Leap In Solar Development With $6 Billion Deal
India’s onward march to boost its renewable energy capacity and build domestic capacity for making solar equipment got fresh impetus when Adani Green Energy Ltd won a bid to make Continue Reading
India Looks To Double Oil Refining Capacity By 2030
The world’s third-largest crude oil importer, India, plans to double its refining capacity by 2030 from the current 5 million barrels per day (bpd), Oil Minister Dharmendra Pradhan said at Continue Reading
Delhi accused of under-reporting coronavirus deaths
New Delhi’s regional government has been accused of under reporting coronavirus deaths as the country eases its strict lockdown in an attempt to kick-start the economy. Senior doctors and hospital executives Continue Reading
Analysis: India’s oil demand has a long and painful road to recovery ahead
India’s oil demand has rebounded from levels witnessed during the lockdown, prompting refiners to raise throughput, but consumption will struggle to recover to year-ago levels in coming months and keep Continue Reading
Indians Shopping Only for Essentials Despite Economy Reopening
Businesses in India from car dealers to clothing retail chains are ready for customers as the economy reopens, but shoppers are holding back. “While the supply situation seems to be nearly Continue Reading
WHO recommends Pakistan reimpose intermittent lockdowns as COVID-19 cases rise sharply
The World Health Organization has recommended Pakistani authorities reimpose “intermittent lockdowns” of targeted areas to curb the spread of the novel coronavirus, stating the country did not meet the global Continue Reading