Indo-Pak power deal ''unfeasible'' electricity trade deal between India and an energy-starved Pakistan

An electricity trade deal between India and an energy-starved Pakistan appears to be far from reality as the former”s pre-condition of establishing High Voltage Direct Current (HVDC) system at the border requires three years and a $100 million investment,
Prime Minister Nawaz Sharif has...Indo-Pak power deal ''unfeasible'' electricity trade deal between India and an energy-starved Pakistan

Refineries reluctant to deposit deemed duty in Escrow accounts govt introduced IIP tariff protection formula,

In July 2002, the govt introduced IIP tariff protection formula, under which oil refineries were allowed to collect 10% deemed duty on HSD and 6% on kerosene, light diesel oil and JP-4 on ex-refinery prices so they can self-finance projects without guarantees of the government
ISLAMABAD: The...Refineries reluctant to deposit deemed duty in Escrow accounts govt introduced IIP tariff protection formula,

Chinese firm shows Norinco International expressed willingness to investment in energy sector in Pakistan

A leading Chinese company-Norinco International has shown willingness for investment in energy sector in Pakistan to help overcome shortage of electricity. A delegation of Norinco International called on Punjab Chief Minister Shahbaz Sharif here on Monday and appreciated the measures taken by...Chinese firm shows Norinco International expressed willingness to investment in energy sector in Pakistan

LoI for solar energy project to be launched in Gharo, Sindh CEO Alternative Energy Development Board AEDB

Dr Basharat Hasan Bashir, CEO Alternative Energy Development Board (AEDB) has recently issued an LoI for a 10 MW solar energy project to be launched in Gharo, Sindh. Dr Basharat, who assumed the charge of CEO AEDB w.e.f. June 12, 2013, is encouraging alternate energy projects with particular...LoI for solar energy project to be launched in Gharo, Sindh CEO Alternative Energy Development Board AEDB

Price of Liquefied Petroleum Gas (LPG) cut by Rs 6 per kg before Eid LPG prices would start increasing

Price of Liquefied Petroleum Gas (LPG) has registered reduction of Rs 6 per kg, which means Rs 90 per domestic cylinder of 15kg and Rs 270 per commercial cylinder, market sources said. According to local market sources during the past two weeks price of the commodity has reduced by Rs 6 per kg...Price of Liquefied Petroleum Gas (LPG) cut by Rs 6 per kg before Eid LPG prices would start increasing

Power generation Punjab to spend projects energy sector cost of Rs12 billion during current fiscal 2013-14

LAHORE: The Punjab government will undertake projects in the energy sector at a cost of Rs12 billion during the current fiscal 2013-14. “Power generating projects of 200 megawatts (MW) will be executed with public-private partnership,” official sources told the media on Monday.
At present...Power generation Punjab to spend projects energy sector cost of Rs12 billion during current fiscal 2013-14

Government to make new legislation to curb gas theft in the country: Minister for Petroleum and Natural Resources

Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi on Monday said that the government would make new legislation to curb gas theft in the country. The Minister, while responding to a call attention notice moved by Sohail Shaukat Butt and others about gas theft in Gujranwala, said...Government to make new legislation to curb gas theft in the country: Minister for Petroleum and Natural Resources

Bin Qasim Power plant: Karachi Electric Supply Company (KESC) likely to convert 2 units to coal-fired plants approached National Electric Power Regulatory Authority (Nepra)

Karachi Electric Supply Company (KESC) is likely to convert two units of Bin Qasim Power plant into coal. It was learnt on Monday. According to sources, unit number three and four of Bin Qasim power plant would be converted into coal at a cost of around Rs 5 billion for which KESC has received...Bin Qasim Power plant: Karachi Electric Supply Company (KESC) likely to convert 2 units to coal-fired plants approached National Electric Power Regulatory Authority (Nepra)

‘Mission harmony’: Peace Ark docks at Karachi, promises to treat hundreds ‘Peace Ark’ docked at Karachi harbour on Monday (above)

The Chinese Navy hospital ship, ‘Peace Ark’ docked at Karachi harbour on Monday (above). Chinese medical workers perform a cataract surgery for a 53-year-old Djibouti man aboard the ship in Djibouti. The hospital ship provided medical services for over 1,500 people on its visit to Djibouti...‘Mission harmony’: Peace Ark docks at Karachi, promises to treat hundreds ‘Peace Ark’ docked at Karachi harbour on Monday (above)

Punjab government assures CNG sector of full support All Pakistan CNG Association (APCNGA)

The Punjab government has assured All Pakistan CNG Association (APCNGA) that it will resolve all outstanding issues of the CNG sector including misuse and inequitable distribution of gas and alleged violation of laws by different departments.
The assurance was given during a meeting here on...Punjab government assures CNG sector of full support All Pakistan CNG Association (APCNGA)

Khyber Pakhtunkhwa MPs stage walkout from National Assembly against increased loadshedding

Parliamentarians from Khyber Pakhtunkhwa have staged a protest walk out from the National Assembly against increased loadshedding in the province especially during Sehar and Iftar timings during the holy month of Ramazan. Speaking on a point of order, Jamaat-e-Islami MNA Sher Akbar Khan drew...Khyber Pakhtunkhwa MPs stage walkout from National Assembly against increased loadshedding

Steps being taken to arrest power, gas thieves: Punjab Chief Minister Shahbaz Sharif

Punjab Chief Minister Shahbaz Sharif here on Sunday met legislators of various districts said that steps were being taken to round up electricity and gas thieves and put them before court of law. Senior party cadres were present on the occasion.
He said big people were involved in theft of...Steps being taken to arrest power, gas thieves: Punjab Chief Minister Shahbaz Sharif

demo post Just for server check

helloo hgghufyf hghg
demo post Just for server check

Locals accuse city staff of joining hands with Mafia Haqdad Abad and Hamidabad localities are facing acute shortage of drinking water

Water shortage in Haddadabad, Hamidabad
Ghulam Mursalin Marwat
LAKKI MARWAT: Residents of Haqdad Abad and Hamidabad localities are facing acute shortage of drinking water for the last couple of weeks owing to failure of municipal committee’s officials to repair broken water supply...Locals accuse city staff of joining hands with Mafia Haqdad Abad and Hamidabad localities are facing acute shortage of drinking water

International Day of Friendship 2013 observed tomorrow (Tuesday) promote the role of friendship in promoting peace

Pakisran International Day of Friendship tomorrow
ISLAMABAD: International Day of Friendship will be observed tomorrow (Tuesday) to promote the role of friendship in promoting peace. In 2011, the United Nations (UN) proclaimed the International Day of Friendship with the idea that friendship...International Day of Friendship 2013 observed tomorrow (Tuesday) promote the role of friendship in promoting peace

Turkish investment in Pakistan’s projects especially in energy, low cost housing, infrastructure and municipal services assured

ANKARA: Mayor of Istanbul Dr. Kadir Topbash in a meeting with Ambassador of Pakistan in Turkey Mr. Muhammad Haroon Shaukat assured full support for initiating further development and investment projects especially in energy, low cost housing, infrastructure and municipal services.
The Mayor said...Turkish investment in Pakistan’s projects especially in energy, low cost housing, infrastructure and municipal services assured

KPK govt to overcome energy crisis in province: Khyber Pakhtunkhwa Chief Minister Pervez Khattak

ISLAMABAD: Khyber Pakhtunkhwa Chief Minister Pervez Khattak has said that work has already started on a plan to generate 900MW electricity to overcome energy crisis in the province.
Talking to a private news channel, he said we intend to generate 2000 MW electricity through competitive bids to...KPK govt to overcome energy crisis in province: Khyber Pakhtunkhwa Chief Minister Pervez Khattak

Chinese Power International Company significant move for 2400 mw electricity in Pakistan

LAHORE  (NNI): Chinese Power International Company has signed memorandum of understanding (MoU) with Pakistan’s provincial government of Punjab for generating 2400 mega watts electricity.
The Chinese power company showed agreement for assistance in constructing four coal power plant in...Chinese Power International Company significant move for 2400 mw electricity in Pakistan

crackdown was started against power thieves Many power thieves arrested in Bannu

Jamal Qamar
BANNU: A crackdown was started against power thieves and police arrested dozens in this regard in in Bannu on Sunday.
The crackdown was launched on the direction of Chief Executive who ordered to his subordinates to raid on various area of Bannu and arrested the electricity stealers....crackdown was started against power thieves Many power thieves arrested in Bannu

operation against power thieves 40 arrested in Pasrur, Daska for stealing electricity Gujranwala Electric Supply Company (GEPCO)

Efforts to end energy crisis on right track: Khawaja Asif
SIALKOT (INP): The Gujranwala Electric Supply Company (GEPCO) has accelerated the operation against power thieves as 40 persons were arrested during the operation on Sunday.
The GEPCO officials have been alert after Federal Minister...operation against power thieves 40 arrested in Pasrur, Daska for stealing electricity Gujranwala Electric Supply Company (GEPCO)

Call to withdraw oil price hike decision Karachi Transport Action Committee

KARACHI (PPI): Karachi Transport Action Committee President Mohammad Asharaf Banglori, Chaudhry Mazhar Hussain, Tanzeem Khan and Nazir Banglori while strongly condemning the decision to raise prices of petroleum products from 1st August 2013 and demanded its withdrawal with immediate effect.
In...Call to withdraw oil price hike decision Karachi Transport Action Committee

Electricity, gas thieves deserve no mercy some big fish are also involved and they are being made accountable: Punjab Chief Minister

LAHORE (INP): Punjab Chief Minister Shahbaz Sharif Sunday said that electricity and gas theft was a great menace in which some big fish are also involved and they are being made accountable.
The chief minister said these anti-social elements robbing the nation and the country in billions deserve...Electricity, gas thieves deserve no mercy some big fish are also involved and they are being made accountable: Punjab Chief Minister

PPRD website closed after being hacked Hack and crack: Cyber crimes and the monetary losses inflicted

LAHROE (NNI): The website of Punjab Public Relations Department (PPRD) has been shut down for maintenance after being hacked by a group calling itself Pak Cyber Experts (IMMI Group). The hackers posted taunts after hacking the domain, like ‘kamal krty Ho panday G’ etc. The hackers...PPRD website closed after being hacked Hack and crack: Cyber crimes and the monetary losses inflicted

Punjab government to cooperate with CNG industry distribution of gas and misuse of natural gas: Pervaiz Malik

LAHORE (APP): The Punjab government has assured resolution of all outstanding problems of the CNG industry including inequitable distribution of gas and misuse of natural gas.
The assurance came in a meeting held on the directives of Chief Minister Punjab Shahbaz Sharif. The meeting was chaired...Punjab government to cooperate with CNG industry distribution of gas and misuse of natural gas: Pervaiz Malik

Pakistani students shine at world Chemistry Olympiad 45th International Chemistry Olympiad 2013 (IChO2013),

ISLAMABAD (INP): Pakistani students have yet again proved their mettle at the international level with their superlative performance at the 45th International Chemistry Olympiad 2013 (IChO2013), held in Moscow, Russia. The team comprised of four students and their participation at the...Pakistani students shine at world Chemistry Olympiad 45th International Chemistry Olympiad 2013 (IChO2013),

PPP asks government to lower prices of petroleum products Senator Mian Raza Rabbani, Additional Secretary General, Pakistan Peoples Party Parliamentarians

ISLAMABAD (NNI): The government should immediately lower the price of petroleum products so as to provide relief to the common man during the month of Ramzan and before Eid.
This was stated by Senator Mian Raza Rabbani, Additional Secretary General, Pakistan Peoples Party Parliamentarians in a...PPP asks government to lower prices of petroleum products Senator Mian Raza Rabbani, Additional Secretary General, Pakistan Peoples Party Parliamentarians

Khyber Pukhtunkhwa KP produces more power; gets least: Sherpao unfortunately plagued by maximum of load-shedding in the country

PESHAWAR (INP): The Qaumi Watan Party (QWP) chief Aftab Sherpao Sunday said that Khyber Pukhtunkhwa being the largest power producer was unfortunately plagued by maximum of load-shedding in the country.
Addressing a press conference here, former interior minister, Aftab Sherpao said that the...Khyber Pukhtunkhwa KP produces more power; gets least: Sherpao unfortunately plagued by maximum of load-shedding in the country

Potable water scheme completed in Khyber Agency press release issued by FATA Secretariat states

PESHAWAR:?A press release issued by FATA Secretariat states that the Political Administration of Khyber Agency has prioritized the provision of a drinking water supply system and the construction of a flood protection wall for the communities of Zeb Shah Hamdard Kili Bar Qamber Khel Khyber...Potable water scheme completed in Khyber Agency press release issued by FATA Secretariat states

Reliance, ONGC to work out sharing infrastructure in India's KG basin

MUMBAI, July 28 | Sun Jul 28, 2013 2:11am EDT MUMBAI, July 28 (Reuters) – Indian energy major Reliance Industries Ltd and state-run exploration firm Oil and Natural Gas Corp have signed an initial agreement to consider sharing Reliance’s offshore infrastructure at the KG basin, off...Reliance, ONGC to work out sharing infrastructure in India's KG basin

Bomb attack halts oil flow through Kirkuk-Ceyhan pipeline-Iraq officials

BAGHDAD, July 28 | Sun Jul 28, 2013 5:02am EDT The attack took place at midnight on Saturday near the city of Mosul and the officials at state-run NOC said repair work would be complete in 72 hours as long as there were no further security issues. (Reporting by Ahmed Rasheed; Additional...Bomb attack halts oil flow through Kirkuk-Ceyhan pipeline-Iraq officials

Obama disputes job projections for Keystone XL pipeline -NYT

WASHINGTON, July 27 | Sat Jul 27, 2013 8:21pm EDT WASHINGTON, July 27 (Reuters) – U.S. President Barack Obama called into question the number of jobs that would be created from the controversial Keystone XL pipeline in an interview with the New York Times released on...Obama disputes job projections for Keystone XL pipeline -NYT

Power generation: Punjab government, China to invest in Balochistan China Power International (CPI)

LAHORE: The government of Punjab has signed a Memorandum of Understanding (MoU) with China Power International (CPI) Holding Limited, a private company, to generate 2,400 megawatt (MW) electricity in Pakistan within the next two to three years.
Speaking to the media, Punjab Chief Minister...Power generation: Punjab government, China to invest in Balochistan China Power International (CPI)

South Sudan president names Benjamin as new foreign minister

JUBA, July 27 | Sat Jul 27, 2013 3:02pm EDT JUBA, July 27 (Reuters) – South Sudan’s President Salva Kiir has named former Information Minister Barnaba Marial Benjamin as the new foreign minister of the African oil producer, the first appointment in a new cabinet after firing the...South Sudan president names Benjamin as new foreign minister

Exporters ready to fund new agri-research Pakistan fruit and vegetable diseases Fruits and Vegetable Exporters Association (PFVEA)

KARACHI: 
Pakistan Fruits and Vegetable Exporters Association (PFVEA) is ready to fund new agricultural research in leading universities of the country to overcome the threats posed by fruit and vegetable diseases, PFVEA Chairman Waheed Ahmed told
This commitment from the private sector has...Exporters ready to fund new agri-research Pakistan fruit and vegetable diseases Fruits and Vegetable Exporters Association (PFVEA)

Gunmen kill 7 coastguards check post in Balochistan in Gwadar Port: Officials

QUETTA: Gunmen attacked a coastguard check post in Balochistan on Saturday, killing seven officials and wounding seven others, officials said.
The incident happened in the Suntsar area of Gwadar district, 1,420 kilometres southwest of Quetta.
“Around 24 gunmen armed with rockets and heavy...Gunmen kill 7 coastguards check post in Balochistan in Gwadar Port: Officials

Project in limbo: Indus Refinery sponsor struggles to revive project Pakistan’s biggest casualties of 2008 global financial meltdown

KARACHI: 
The majority shareholder in Indus Refinery Limited (IRL) is once again in talks with potential investors to revive the long-running project, which was one of Pakistan’s biggest casualties of 2008 global financial meltdown.
The deep-conversion oil refinery, which has capacity to...Project in limbo: Indus Refinery sponsor struggles to revive project Pakistan’s biggest casualties of 2008 global financial meltdown

Industrial pollution: Combined waste treatment plant to be built at Hadiara industrial units and residential areas

LAHORE: 
The Punjab government is planning to establish a combined waste treatment plant at Hadiara Drain to treat effluent from some 825 industrial units and residential areas along the drain, 
The plant will cost over Rs2 billion, cover some 35 acres and be able to treat 1,200 to 1,500...Industrial pollution: Combined waste treatment plant to be built at Hadiara industrial units and residential areas

Academic uplift Shah Abdul Latif University (Salu) VC hosts iftar to honour MNA

SUKKUR: 
The Shah Abdul Latif University (Salu) Khairpur’s vice-chancellor Professor Dr Parveen Shah hosted an iftar dinner in the honour of MNA Dr Syeda Nafisa Shah Jillani, deans, chairmen, teachers and faculty of the university at the foreign faculty guest house.
The vice-chancellor...Academic uplift Shah Abdul Latif University (Salu) VC hosts iftar to honour MNA

China to create $3 billion solar fund for Pakistan China to support Pakistan in utilising its solar energy resources

A Chinese company is ready to create a special solar fund worth three billion dollars in China to support Pakistan in utilising its solar energy resources. The company has the capacity to establish a solar plant of 1000MW in 6 to 8 months in Pakistan, while 50MW to 100 MW solar energy can be...China to create $3 billion solar fund for Pakistan China to support Pakistan in utilising its solar energy resources

Car maker to amend booking rules Competition Commission of Pakistan (CCP) Pak-Suzuki Motor Company Limited and Indus Motor Company Limited,

ISLAMABAD, July 22: Suzuki Pakistan has agreed that the price of cars will not be changed at the time of delivery except for the change in government taxes and levies following objections raised by the Competition Commission of Pakistan (CCP).Previously this right was enjoyed by car...Car maker to amend booking rules Competition Commission of Pakistan (CCP) Pak-Suzuki Motor Company Limited and Indus Motor Company Limited,

CNG station owner booked for stealing gas SNGPL Sahiwal Engineer Operations OKARA City News

CNG station owner booked for stealing gasFrom Our CorrespondentOKARA: SNGPL Sahiwal Engineer Operations and Metering Chand Shakeel and local police on Wednesday raided and booked a CNG station owner for stealing gas.The team raided the CNG station at Hujra Shah Muqeem and found stealing of gas...CNG station owner booked for stealing gas SNGPL Sahiwal Engineer Operations OKARA City News

Suntech supplies modules for the largest solar plant in Latin America

Martifer solar is to install Suntech Ve and Vd panels on a 100 hectare site being developed by Gauss EnergiaSuntech Power Holdings has announced that it is to supply solar modules for the largest solar power plant in Latin America, located at La Paz, Baja California Sur, Mexico. The Suntech Ve...Suntech supplies modules for the largest solar plant in Latin America

Punjab signs MoU to set up manufacturing plant of solar development project international consortium of five countries

LAHORE: A Memorandum of Understanding (MoU) regarding solar development project was signed between the Punjab government and an international consortium of five countries, including Switzerland, Germany, Italy, Austria and Pakistan, at the Chief Minister’s Office, here on Wednesday.Punjab...Punjab signs MoU to set up manufacturing plant of solar development project international consortium of five countries

Wholesaler jms Solar Handel adds Innotech Solar modules to its portfolio

The Scandinavian-German solar module manufacturer Innotech Solar AS (ITS) and photovoltaics wholesaler jms Solar Handel GmbH have concluded a sales partnership agreement. ITS modules are available from jms with immediate effect.“jms places enormous value on high-quality installations and...Wholesaler jms Solar Handel adds Innotech Solar modules to its portfolio

Measures being taken to resolve energy crisis promise to remove shortage of electricity: Shahbaz

Lahore: Punjab chief minister Shahbaz Sharif on Friday said that the government was taking measures on war-footing for resolving energy crisis and the promise to remove shortage of electricity would be fulfilled at any cost.The chief minister said that new power generation projects from hydel,...Measures being taken to resolve energy crisis promise to remove shortage of electricity: Shahbaz

South Africa-Solarcentury collaborate with Momentus Energy to exploit South African renewable energy boom

A new joint venture, Solarcentury Africa, has been established to meet increasing energy demands within southern AfricaSolarcentury has announced the formation of a new joint venture with Momentous Energy in order to meet the increasing energy demands from businesses across Southern Africa. The...South Africa-Solarcentury collaborate with Momentus Energy to exploit South African renewable energy boom

Power supply to PS not restored meeting between KESC management Chief Executive Officer of Pakistan Steel,

KARACHI, July 22: Power supply to Pakistan Steel was not restored even after a meeting between KESC management and the Chief Executive Officer of Pakistan Steel, Saadat Cheema, on Monday.However, the PS CEO, talking to media outside the KESC head-office on Monday, claimed that the utility...Power supply to PS not restored meeting between KESC management Chief Executive Officer of Pakistan Steel,

NREL explores the use of wood borers for the biofuels industry

Tiny wood borers known colloquially as gribbles could teach researchers how to manufacture enzymes that thrive in a high-solids industrial environmentLimnoria quadripunctata is a species of wood borer, known colloquially as gribbles. These creatures tend to make their own enzymes which they use...NREL explores the use of wood borers for the biofuels industry

Oil prices pull back US oil prices pulled back from last week’s 16-month high

NEW YORK,  US oil prices pulled back from last week’s 16-month high on Monday as traders locked in profits from a blistering rally that briefly sent US crude to a premium over Brent for the first time in nearly three years.European marker Brent regained its premium over West Texas...Oil prices pull back US oil prices pulled back from last week’s 16-month high

Offshore wind in deep water offers enormous potential

The new report finds that floating wind turbine designs are cost-competitive with fixed-bottom designs in waters over 50 metres deep. It has also concluded that if the various challenges are successfully overcome, deep water wind farms could start to supply energy in around four years time.The...Offshore wind in deep water offers enormous potential

Electricity theft: Federal Investigation Agency (FIA), LESCO uncover remote controlled theft mechanism

LAHORE / KARACHI: The Federal Investigation Agency (FIA) and the Lahore Electric Supply Company (LESCO) in a joint raid have caught the owner of a local hotel on charges of electricity theft.The FIA team, along with technical staff of LESCO raided the multi-storied Saway Hotel situated in...Electricity theft: Federal Investigation Agency (FIA), LESCO uncover remote controlled theft mechanism

Karachi Electric Supply Corporation (KESC) agrees to restore power supply to Pakistan Steel Mills (PSM)

KarachiThe Karachi Electric Supply Corporation (KESC) on Monday agreed to restore electricity to the Pakistan Steel Mills (PSM).This was informed by PSM chief executive officer Saadat Cheema while talking to journalists outside the KESC head office in Gizri after holding talks with its...Karachi Electric Supply Corporation (KESC) agrees to restore power supply to Pakistan Steel Mills (PSM)

Govt planning energy generation from bagasse LAHORE: Chief Minister Shahbaz

LAHORE: Chief Minister Shahbaz Sharif has said that there is a vast scope of generating energy from bagasse in the province and the government is formulating a comprehensive policy in this regard. He said there were 46 sugar mills in Punjab and power could be generated from bagasse which was an...Govt planning energy generation from bagasse LAHORE: Chief Minister Shahbaz

Power supply to Pakistan Steel Mills (PSM) not restored fruitful meeting with the Karachi Electric Supply Company (KESC)

KARACHI,  Contrary to the claims made by the Pakistan Steel Mills (PSM) on Monday that after a fruitful meeting with the Karachi Electric Supply Company (KESC) management it was agreed to restore power supply to them immediately, the power utility said that it was a bit more complicated than...Power supply to Pakistan Steel Mills (PSM) not restored fruitful meeting with the Karachi Electric Supply Company (KESC)

Offshore wind energy in deep waters opens up massive power potential

 Floating turbine designs are cost-competitive with fixed-bottom designs in waters over 50 metres deep. If challenges are successfully met, deep water wind farms could be operating in four years’ time.
Offshore wind is one of the fastest growing maritime sectors. Its installed capacity...Offshore wind energy in deep waters opens up massive power potential

Punjab government to allocate 5,000-acre Cholistan land for solar projects disclosed by Provincial Minister for Energy Sher Ali Khan

LAHORETHE Punjab government has decided to allocate 5000 acres of land for private solar power projects in Cholistan area which will be allotted to the solar power sector investors at a nominal rate of one dollar per acre per year for twenty-year lease. Out of this 5000 acres land, 2500 acres...Punjab government to allocate 5,000-acre Cholistan land for solar projects disclosed by Provincial Minister for Energy Sher Ali Khan

Water shortage protested residents of Mohalla Shahdarah in Mingora city

Water shortage protestedMINGORA, July 22: The residents of Mohalla Shahdarah in Mingora city on Monday staged a demonstration outside Swat Press Club here against suspension of water supply for last five months.The protesters were holding placards inscribed with slogans against the TMA chief...Water shortage protested residents of Mohalla Shahdarah in Mingora city

RES receives government approval for 100 MW biomass power plant

RES Group has been granted development consent for its North Blyth Biomass Power Station, located at Battleship Wharf in Northumberland’s Blyth Estuary.Once operational the 100 MW power station will be able to generate low carbon electricity to power the equivalent of over 170,000 UK...RES receives government approval for 100 MW biomass power plant

Young engineers complete National Transmission and Despatch Company Limited (NTDCL) internship successfully

F.P. Report
LAHORE: National Transmission and Despatch Company Limited (NTDCL) is the backbone of power system of the country, which contributes in development of prosperous Pakistan by managing smooth, economic transmission and despatch system through excellent team of professional engineers,...Young engineers complete National Transmission and Despatch Company Limited (NTDCL) internship successfully

Changing gears: Education seminar promotes reforms Department for International Development at a private hotel

A seminar on education in Khyber-Pakhtunkhwa (K-P) was held by the Chamber of Education with support from the Department for International Development at a private hotel, according to a handout issued by Pakistan Tehreek-e-Insaf’s (PTI) media cell on Friday.
The event, held on Thursday, was...Changing gears: Education seminar promotes reforms Department for International Development at a private hotel

Power woes: Govt asked to justify Lahore Electric Supply Company (LESCO) chief’s transfer

LAHORE: 
Lahore High Court (LHC) Chief Justice Umar Ata Bandial on Friday gave the federal government till August 7 to justify its decision to transfer Lahore Electric Supply Company (LESCO) Chief Executive Officer Muhammad Saleem.
The chief justice also directed the federal government to...Power woes: Govt asked to justify Lahore Electric Supply Company (LESCO) chief’s transfer

Pending in court: Jamshoro power plant fights for its land production capacity of 850 megawatts, pursues its expansion plans,

HYDERABAD: As the Jamshoro Power Company Limited, which has a production capacity of 850 megawatts, pursues its expansion plans, it is confronted with encroachment activities over its premises.
Jamshoro Power Company Limited,
The company officials claim that a real estate developer-cum-land...Pending in court: Jamshoro power plant fights for its land production capacity of 850 megawatts, pursues its expansion plans,

Illegal power connection: KESC employee, Inter student injured in scuffle residence and accused him of using a ‘kunda’ connection

KARACHI: A scuffle broke out between an employee of the Karachi Electric Supply Company (KESC) and an Intermediate student in the Defence Housing Authority (DHA) on Friday.
Illegal power connection Kunda system in pakistan  Karachi Electric Supply Company (KESC) 
Police officials said that...Illegal power connection: KESC employee, Inter student injured in scuffle residence and accused him of using a ‘kunda’ connection

Pakistan must exploit mineral wealth: officials Mineral exploitation contributes only 1% of Gross Domestic Products of imestone, rock salt, marble, gypsum and coal for power generation

ISLAMABAD: Mineral exploitation contributes only 1% of Gross Domestic Product, which indicates that this sector has been neglected for too long, said officials while speaking to the media on Friday.   
Pakistan is generally considered to be rich in mineral resources, but the development of...Pakistan must exploit mineral wealth: officials Mineral exploitation contributes only 1% of Gross Domestic Products of imestone, rock salt, marble, gypsum and coal for power generation

Honda Atlas Cars Pakistan Limited beats analyst forecasts, posts impressive growth

KARACHI: 
Beating even the most optimistic scenarios predicted by analysts, Honda Atlas Cars Pakistan Limited posted an impressive after-tax profit of Rs328 million in the quarter to June 2013 compared to a loss of Rs221 million in the same period last year.
The company posted earnings per...Honda Atlas Cars Pakistan Limited beats analyst forecasts, posts impressive growth

Steel industry fears going bust due to tariff hikes Pakistan Steel Manufacturers Association (PSMA) steel manufacturing mills in Pakistan

KARACHI: Pakistan Steel Manufacturers Association (PSMA), a lobbying group for the formal steel sector of the country, Friday said that electricity tariff hike of Rs2.5 per unit will render the steel industry absolutely uncompetitive and will lead to the closure of many steel manufacturing...Steel industry fears going bust due to tariff hikes Pakistan Steel Manufacturers Association (PSMA) steel manufacturing mills in Pakistan

Calling it a day: Canadian oil and gas exploration firm Niko Resources (Pakistan) Limited (NRPL) decides to quit Pakistan

ISLAMABAD: 
Canadian oil and gas exploration firm Niko Resources (Pakistan) Limited (NRPL) has decided to pack up and quit Pakistan apparently because of low wellhead gas prices that make it difficult to sustain operations.
NRPL, a subsidiary of Canada’s Niko Resources Limited, was exploring...Calling it a day: Canadian oil and gas exploration firm Niko Resources (Pakistan) Limited (NRPL) decides to quit Pakistan

Budgetary support: Asian Development Bank (ADB) asks Pakistan to bring house in order crucial energy and communication sector projects,

ISLAMABAD: 
The Asian Development Bank (ADB) has asked Pakistan to address bottlenecks hindering progress on crucial energy and communication sector projects, as Islamabad is paying millions of dollars annually on the approved loans that remain undisbursed due to slow implementation of the...Budgetary support: Asian Development Bank (ADB) asks Pakistan to bring house in order crucial energy and communication sector projects,

17 districts of Balochistan deprive of power from 8 days

BOLAN (Online) Despite passage of eight days, the four power towers of Mach that were exploded with explosive material could not be repaired yet on account of which 17 district are being deprived of power. Some unidentified terrorists blew up four towers of main transmission line on 18th of July...17 districts of Balochistan deprive of power from 8 days

MoU signed between Punjab government and International Finance Corporation (IFC)

F.P. Report
LAHORE: A memorandum of understanding was signed between Punjab government and International Finance Corporation (IFC) which is a subsidiary institution of the World Bank at a local hotel here today.
Chairperson Punjab Revenue Authority Iftikhar Kutab and Manager Investment IFC Mugdi...MoU signed between Punjab government and International Finance Corporation (IFC)

JI for early completion Punjab government and WASA authorities of Multan Road sewerage project

LAHORE (APP): The Jamaat-e-Islami has demanded of the Punjab government and WASA authorities to complete the Multan Road sewerage project as early as possible to avoid inconvenience during the rainy season.
JI Punjab Secretary General Nazir Ahmad Janjua, Farooq Chohan, Qaisar Sharif and Farhan...JI for early completion Punjab government and WASA authorities of Multan Road sewerage project

National Accountability Bureau (NAB) begins fresh investigation into fertilizer scandal

SLAMABAD (INP): The National Accountability Bureau (NAB) has started fresh investigation into import of fertilizer causing losses of billions of rupees to the national exchequer.
According to reports, a NAB team raided the godowns of National Fertilizer Marketing Ltd (NFML) at Phoolnagar and...National Accountability Bureau (NAB) begins fresh investigation into fertilizer scandal

YouTube ban may be lifted after Eidul Fitr video-sharing website report quoted Federal Minister for Science and Technology Anusha Rehman

ISLAMABAD (Online): A ban imposed on video-sharing website YouTube may be lifted after Eidul Fitr, a report published on a local news website said.
The report quoted Federal Minister for Science and Technology Anusha Rehman as saying that an internal-member committee would be convened soon to...YouTube ban may be lifted after Eidul Fitr video-sharing website report quoted Federal Minister for Science and Technology Anusha Rehman

CEO Pesco directs workers to adopt safety measures the Technical Staff to adopt all precautionary measures to avoid electrocution

F.P. Report
PESHAWAR: Chief Executive (CE) PESCO in a message on ‘Safety Day’ has directed the Technical Staff to adopt all precautionary measures to avoid electrocution so that precious human lives and property could be secured.
The CE directed the technical staff not to start work...CEO Pesco directs workers to adopt safety measures the Technical Staff to adopt all precautionary measures to avoid electrocution

Lahore High Court Chief Justice seeks govt report on plea against load-shedding

F.P. Report
LAHORE: Lahore High Court Chief Justice Umar Ata Bandial Friday adjourning hearing of a petition against load-shedding sought a report from the federal government by August 7. The chief justice passed the orders on a petition filed by Judicial Activism Panel, a public interest...Lahore High Court Chief Justice seeks govt report on plea against load-shedding

Govt Techncial and Vocational Centres (GTVC) plans 19 new schemes for promoting technical education, manpower training

PESHAWAR (APP): The Khyber Pakthunkhwa Government has planned 19 new uplift schemes costing Rs.1073 million for the promotion of technical education and manpower training with special focus on up gradation of polytechnic institutes, construction of buildings for vocational training schools and...Govt Techncial and Vocational Centres (GTVC) plans 19 new schemes for promoting technical education, manpower training

Pesco authorities chief distributes Certificates and prizes employees for showing good performance

F.P. Report
PESHAWAR: Certificates and prizes were distributed by PESCO authorities among its employees for showing good performance by recovering huge amount of money from defaulters in May last. The certificates and cash prizes were distributed during a function held at Pesco Khyber Circle,...Pesco authorities chief distributes Certificates and prizes employees for showing good performance

Quetta Electric Supply Company (QESCO) seeks NAB Balochistan help

QUETT (INP): Quetta Electric Supply Company (QESCO) has sought assistance of NAB Balochistan to recover its dues of billions of rupees from defaulters.
QESCO spokesman said on Friday that a list of defaulters of above Rs one lakh has been sent to NAB for recovery.
He disclosed that Balochistan...Quetta Electric Supply Company (QESCO) seeks NAB Balochistan help

SSGC clamps down on ice factories using gas illegally crack down operation against ice factories located in Larkana and Bakrani cities

KARACHI (NNI): SSGC’s Surveillance and Monitoring (S&M) Department has launched a major crack down operation against ice factories located in Larkana and Bakrani cities by so far raiding seven such facilities.
The operation that started in May 2013 continues to this day. S&M has...SSGC clamps down on ice factories using gas illegally crack down operation against ice factories located in Larkana and Bakrani cities

government appoint Riaz Khan may be made acting Managing Director (MD) of Oil and Gas Development Company Limited (OGDCL),

The government is likely to appoint Riaz Khan as acting Managing Director (MD) of Oil and Gas Development Company Limited (OGDCL), it is learnt. According to sources, the Petroleum Ministry has forwarded three names to the Prime Minister Secretariat for the post of MD OGDCL following the...government appoint Riaz Khan may be made acting Managing Director (MD) of Oil and Gas Development Company Limited (OGDCL),

Pakistan StartUp Cup Workshop Business Model Submission Short Form

Welcome to the Pakistan StartUp Cup Business Model Competition submission page.
We are excited to have your startup become part of the StartUp Cup family of entrepreneurs. As a first step you will want to fill out the online form found below. You may want to consider copying the Business Model...Pakistan StartUp Cup Workshop Business Model Submission Short Form

RI, fine proposed for power theft energy policy to be resubmitted to Council of Common Interests (CCI) on July 30 Regulation of Generation, Transmission and Distribution

The government has proposed rigorous imprisonment and fine for electricity theft, tampering of meters and damaging or destroying the power transmission lines. The Ordinance was presented in the Council of Common Interests (CCI) in its last meeting but consensus could not be developed because of...RI, fine proposed for power theft energy policy to be resubmitted to Council of Common Interests (CCI) on July 30 Regulation of Generation, Transmission and Distribution

Italian government warns: Renzo Landi to relocate to India import of Compressed Natural Gas (CNG) kits and threatened

The Italian government has reportedly expressed its displeasure over imposition of restrictions on the import of Compressed Natural Gas (CNG) kits and threatened that its company Renzo Landi, which has invested 100 million euros, will shift to India, sources close to Secretary Industries and...Italian government warns: Renzo Landi to relocate to India import of Compressed Natural Gas (CNG) kits and threatened

5,000 acres of land allocated to private solar power projects in Cholistan area located on Din Garh Road, tehsil Yazman district Bahawalpur

The Punjab government has decided to allocate 5000 acres of land for private solar power projects in Cholistan area, which will be allotted to the solar power sector investors at a nominal rate of one dollar per acre per year for 20 years lease. Out of this 5000 acres land, 2500 acres land is...5,000 acres of land allocated to private solar power projects in Cholistan area located on Din Garh Road, tehsil Yazman district Bahawalpur

all CNG stations in Sindh region: SSGC has announced the shutdown schedule

All the CNG stations will close their operation completely for three days and no gas sales would be allowed to the vehicles in whole Sindh region during this shut down period. The industrial sector would observe only one day shut down as usual. SSGC has announced the schedule for Industrial shut...all CNG stations in Sindh region: SSGC has announced the shutdown schedule

New management of Privatisation Commission PC decides to revisit OGDCL''''''''s exchangeable bonds in international capital market

The New management of Privatisation Commission has decided to revisit the entire strategy of the previous government regarding offloading Oil and Gas Development Company Limited (OGDCL)””””s exchangeable bonds in international capital market.
An official of Privatisation...New management of Privatisation Commission PC decides to revisit OGDCL''''''''s exchangeable bonds in international capital market

Government whose appointments decides to sack Oil and Gas Development Company Limited (OGDCL) contractual officials

The government has decided to show the door to the contractual officials of Oil and Gas Development Company Limited (OGDCL) whose appointments at key posts are questionable, The decision is being taken in light of the directions given by Prime Minister Nawaz Sharif, sources added.
“The...Government whose appointments decides to sack Oil and Gas Development Company Limited (OGDCL) contractual officials

'Sindh is blessed with enormous potential for wind energy resource' Wind Corridor (Gharo- Jhampir) Chairman Sindh Board of Investment

Chairman Sindh Board of Investment Muhammad Zubair Motiwala said that Sindh is blessed with enormous potential for Wind Energy resource which if tapped can generate more than 50,000 MW. Wind Corridor (Gharo- Jhampir) is 60km wide and 180km long with average wind speed of 7-8 meter/sec.
This he...'Sindh is blessed with enormous potential for wind energy resource' Wind Corridor (Gharo- Jhampir) Chairman Sindh Board of Investment

Violating Islamabad High Court (IHC) verdict?: SSGC starts collecting GIDC from CNG stations: APCNGA

Despite Islamabad High Court (IHC) verdict against the collection of Gas Infrastructure Development Cess (GIDC) Sui Southern Gas Company (SSGC) has started collecting the tax from CNG stations located in Sindh Zone. The SSGC move has created concerns among the owners of CNG stations.
Former...Violating Islamabad High Court (IHC) verdict?: SSGC starts collecting GIDC from CNG stations: APCNGA

UPDATE 3-Oil slips to $108 as China manufacturing slows

* China July flash HSBC PMI falls to 11-month low* U.S. gasoline, distillate stocks drop vs forecast gains -API* Bomb at Egypt police station kills one, injures 17* Coming Up: U.S. EIA weekly crude stocks; 1430 GMT (Updates throughout, changes dateline, previous SINGAPORE)By Christopher...UPDATE 3-Oil slips to $108 as China manufacturing slows

US STOCKS-Dow, S&P stay near record highs in tight-range session

* UTX shares hit all-time high and lift the Dow industrials* Biotech drags on the healthcare sector* Apple’s stock falls 1 pct, earnings due after the closing bell* Dow up 0.3 pct; S&P 500 off 0.03 pct; Nasdaq down 0.4 pctBy Alison GriswoldNEW YORK, July 23 (Reuters) – The Dow...US STOCKS-Dow, S&P stay near record highs in tight-range session

Kazakh ambassador denies pushing Italy to deport dissident's wife

ROME, July 24 | Wed Jul 24, 2013 6:00am EDT ROME, July 24 (Reuters) – Kazakhstan’s ambassador to Rome on Wednesday denied his government had pressured the Italian interior minister to deport the wife and daughter of a dissident oligarch in a case that threatened to bring down the...Kazakh ambassador denies pushing Italy to deport dissident's wife

UPDATE 3-Refiner Valero sees profit recovery if discounts widen

* Valero expects narrowed U.S. crude discounts to widen again* CEO says U.S. markets will price domestic crude to replace imports* Valero increases expected spending on ethanol creditsBy Kristen HaysJuly 23 (Reuters) – Valero Energy Corp on Tuesday reported a 44 percent drop in...UPDATE 3-Refiner Valero sees profit recovery if discounts widen

Australia shares knocked from 2-mth high by China PMI

(Adds analysis, quotes, stocks on the move)SYDNEY/WELLINGTON, July 24 (Reuters) – Australian shares were knocked from two-month highs on Wednesday as signs of a further slowdown in China’s manufacturing sector renewed concerns about the strength of demand in Australia’s largest...Australia shares knocked from 2-mth high by China PMI

US STOCKS-S&P 500 breaks winning streak, but UTX buoys Dow

* UTX shares hit all-time high and lift the Dow industrials* Tech sector holds back the S&P 500 and the Nasdaq* Apple’s stock jumps on earnings after the bell* Dow up 0.1 pct; S&P 500 off 0.2 pct; Nasdaq down 0.6 pctBy Alison GriswoldNEW YORK, July 23 (Reuters) – The...US STOCKS-S&P 500 breaks winning streak, but UTX buoys Dow

Fall in oil output, prices to halve Chad's growth

YAOUNDE, July 23 (Reuters) – Declining oil production and low crude prices in the first quarter of the year will contribute to cutting Chad’s economic growth rate nearly in half in 2013, the Bank of Central African States said on Tuesday.
“GDP growth should be at 4.5 percent,...Fall in oil output, prices to halve Chad's growth

UPDATE 8-Oil rises in volatile spread trading

By Matthew RobinsonNEW YORK, July 23 (Reuters) – Oil futures edged higher on Tuesday in volatile trading in the closely watched spread between international benchmark Brent and U.S. crude oil futures.Brent’s premium to U.S. oil futures , which had narrowed sharply last week and...UPDATE 8-Oil rises in volatile spread trading

U.S. opens probe into steel pipe imports from nine countries

Imports of oil country tubular goods (OCTG) from the nine countries totaled nearly $1.8 billion in 2012, more than double their total in 2010, as rising U.S. oil and natural gas production have increased demand for the pipe. (Reporting by Doug Palmer; Editing by Leslie Gevirtz)
original
U.S. opens probe into steel pipe imports from nine countries

RPT-UPDATE 2-US opens probe into steel pipe imports from 9 countries

* U.S. Steel among companies seeking import relief* U.S. energy boom has fueled demand for steel pipe* Next step is U.S. trade panel vote in mid-AugustBy Doug PalmerWASHINGTON, July 23 (Reuters) – The U.S. Commerce Department on Tuesday launched one of its biggest trade investigations in...RPT-UPDATE 2-US opens probe into steel pipe imports from 9 countries

Leading Republican says U.S. biofuel policy needs overhaul

* Current biofuel policy “cannot stand” – Congressman Upton* Biofuel targets divide lawmakers along regional lines* Time for trade groups to seek compromises – lawmakerBy Ayesha RascoeWASHINGTON, July 23 (Reuters) – The U.S. biofuel system “cannot stand”...Leading Republican says U.S. biofuel policy needs overhaul

UPDATE 2-South Sudan's president sacks cabinet amid party power struggle

* Cabinet, deputy president, Sudan negotiator all sacked* Analysts say president acting against rivals for his job* Happens as oil rift with Sudan threatens economic pain (Adds analyst quotes)By Andrew GreenJUBA, July 23 (Reuters) – South Sudanese President Salva Kiir sacked his cabinet,...UPDATE 2-South Sudan's president sacks cabinet amid party power struggle

Russia's Putin to visit Tehran for nuclear talks - media reports

* Media reports say Putin to visit Iran next month* Kremlin spokesman declines comment* Talks will focus on nuclear dispute, reports sayMOSCOW, July 24 (Reuters) – Russian leader Vladimir Putin will meet Iran’s newly elected president in Tehran next month to discuss restarting talks...Russia's Putin to visit Tehran for nuclear talks - media reports

South Sudan's president sacks cabinet and deputy president

 
State television cited a presidential decree saying the ministries would be run for now by their under-secretaries.
It also said Vice President Riek Machar had been sacked, and Machar’s spokesman James Gatdet Dak confirmed this.
The decree said Kiir had suspended Pagan Amum,...South Sudan's president sacks cabinet and deputy president

US STOCKS-S&P 500 dips and Dow gains on UTX; Apple up late

* Apple’s stock jumps after the bell on strong iPhone sales* UTX shares hit all-time high and lift the Dow industrials* Tech sector holds back the S&P 500 and the Nasdaq* Dow up 0.1 pct; S&P 500 off 0.2 pct; Nasdaq down 0.6 pctBy Alison GriswoldNEW YORK, July 23 (Reuters) –...US STOCKS-S&P 500 dips and Dow gains on UTX; Apple up late

UPDATE 2-US opens probe into steel pipe imports from 9 countries

* U.S. Steel among companies seeking import relief* U.S. energy boom has fueled demand for steel pipe* Next step is U.S. trade panel vote in mid-AugustBy Doug PalmerWASHINGTON, July 23 (Reuters) – The U.S. Commerce Department on Tuesday launched one of its biggest trade investigations in...UPDATE 2-US opens probe into steel pipe imports from 9 countries

UPDATE 1-Oil, gas well has blowout off Louisiana, 47 evacuated

HOUSTON, July 23 (Reuters) – A shallow-water oil and gas well in the Gulf of Mexico off the coast of Louisiana blew out on Tuesday morning and 47 people were safely evacuated, government officials said.Hercules Offshore, which owns the jackup rig that was drilling to prepare the Walter Oil...UPDATE 1-Oil, gas well has blowout off Louisiana, 47 evacuated

Brent edges higher, supported by spread trade

By Matthew Robinson

NEW YORK, July 23 (Reuters) – Brent crude rose on Tuesday, lifted by profit-taking on the trans-Atlantic spread, China’s efforts to support its economy, and supply concerns.
Brent’s premium to U.S. oil futures , which had narrowed sharply last week and...Brent edges higher, supported by spread trade

Arctic methane release could cost economy $60 trillion -study

* Reservoir of methane under East Siberian Sea* Release could accelerate ice melting, global warming* Risks include extreme weather, poorer health, lower crop outputBy Nina ChestneyLONDON, July 24 (Reuters) – A release of methane in the Arctic could speed the melting of sea ice and climate...Arctic methane release could cost economy $60 trillion -study

Gulf rig on fire as natural gas flows from ruptured well

HOUSTON, July 24 | Wed Jul 24, 2013 10:43am EDT HOUSTON, July 24 (Reuters) – A shallow-water drilling rig in the Gulf of Mexico off the coast of Louisiana was on fire on Wednesday after natural gas flowing from a ruptured well ignited, authorities said.The U.S. Bureau of Safety and...Gulf rig on fire as natural gas flows from ruptured well

Sudan currency falls to record low after South cuts oil flows

KHARTOUM, July 24 | Wed Jul 24, 2013 6:11am EDT KHARTOUM, July 24 (Reuters) – Sudan’s currency has fallen to a record low against the dollar on the black market since South Sudan started reducing cross-border oil flows in a row over alleged support for rebels, dealers said.There is...Sudan currency falls to record low after South cuts oil flows

Wrongful death suit in Quebec train crash filed in U.S.

By Casey Sullivan

July 23 (Reuters) – The guardian of a girl whose Canadian father died in the tragic Quebec train crash this month filed a wrongful death lawsuit in Illinois on Monday against a number of railway and fuel services companies connected with the disaster.
The lawsuit is...Wrongful death suit in Quebec train crash filed in U.S.

Walter Energy shares drop 10 pct after slashing dividend

July 24 | Wed Jul 24, 2013 10:45am EDT July 24 (Reuters) – Shares of Walter Energy Inc fell over 10 percent on Wednesday after the coal miner slashed its dividend to 1 cent a share, from 12.5 cents a share, citing the tough market for metallurgical coal and an amended credit...Walter Energy shares drop 10 pct after slashing dividend

Provinces strongly differ federal adjuster to deduct significant portion of provincial electricity dues,

Provinces have reportedly expressed disagreement over the use of federal adjuster to deduct significant portion of provincial electricity dues, enhancement of theft penalty and additional allocation of 157 MMCFD gas to the power sector, well informed sources told Business Recorder....Provinces strongly differ federal adjuster to deduct significant portion of provincial electricity dues,

Federal Investigation Agency, KESC to conduct joint raids to catch power thieves

KarachiOn the directives of Prime Minister Mian Muhammad Nawaz Sharif to stop incidents of electricity theft, the officials of the Federal Investigation Agency (FIA) and the Karachi Electric Supply Company (KESC) met on Tuesday at the headquarters of the power utility.The anti-electricity task...Federal Investigation Agency, KESC to conduct joint raids to catch power thieves

Govt planning energy generation from bagasse LAHORE: Chief Minister Shahbaz

LAHORE: Chief Minister Shahbaz Sharif has said that there is a vast scope of generating energy from bagasse in the province and the government is formulating a comprehensive policy in this regard. He said there were 46 sugar mills in Punjab and power could be generated from bagasse which was an...Govt planning energy generation from bagasse LAHORE: Chief Minister Shahbaz

Karachi Electric Supply Corporation (KESC) agrees to restore power supply to Pakistan Steel Mills (PSM)

KarachiThe Karachi Electric Supply Corporation (KESC) on Monday agreed to restore electricity to the Pakistan Steel Mills (PSM).This was informed by PSM chief executive officer Saadat Cheema while talking to journalists outside the KESC head office in Gizri after holding talks with its...Karachi Electric Supply Corporation (KESC) agrees to restore power supply to Pakistan Steel Mills (PSM)

Rally held against scarcity of water, power outages in the Shahdarra area in Mingora city

MINGORA A large number of residents took out a rally to protest against scarcity of potable water and prolonged power outages in the Shahdarra area in Mingora city on Monday.The protest rally led by Aziz Khan, Barkat and Inam while passing through the Nishat Chowk reached the Swat Press Club....Rally held against scarcity of water, power outages in the Shahdarra area in Mingora city

Palm oil prices creep up Malaysian palm oil futures edged up in rangebound trade on Monday

KUALA LUMPUR,  Malaysian palm oil futures edged up in rangebound trade on Monday, fed by optimism that output in July could miss initial estimates, although sluggish exports damped investor appetite.Palm production in Malaysia, the world’s No.2 producer, rose 2.3 per cent in June, signalling...Palm oil prices creep up Malaysian palm oil futures edged up in rangebound trade on Monday

Inquiry ordered into ‘violation of rules’ in Alternative Energy Development Board AEDB

ISLAMABAD,  Taking notice of a letter written by the secretary of the Alternative Energy Development Board regarding alleged corruption in the AEDB, the Ministry of Water and Power has decided to form an inquiry committee.The board’s secretary, Mohammad Anwar Ali, had sent the letter to...Inquiry ordered into ‘violation of rules’ in Alternative Energy Development Board AEDB

Power supply to PS not restored meeting between KESC management Chief Executive Officer of Pakistan Steel,

KARACHI, July 22: Power supply to Pakistan Steel was not restored even after a meeting between KESC management and the Chief Executive Officer of Pakistan Steel, Saadat Cheema, on Monday.However, the PS CEO, talking to media outside the KESC head-office on Monday, claimed that the utility...Power supply to PS not restored meeting between KESC management Chief Executive Officer of Pakistan Steel,

Drive against electricity theft being widened to three more cities in the province In Punjab

LAHOREThe scope of the campaign against theft of electricity and gas has been widened to three more cities in the province while the Punjab Prosecution Department is also being involved for expediting legal action against the nabbed thieves, official sources said here on Monday.The focus of the...Drive against electricity theft being widened to three more cities in the province In Punjab

Federal Board of Revenue has extended the last date for payment of taxes and duty for June

SLAMABAD, The Federal Board of Revenue has extended the last date for payment of taxes and duty for June.An order issued on Monday allowed all registered sales tax and federal excise persons to file their returns up to July 29.
View the original article here
Federal Board of Revenue has extended the last date for payment of taxes and duty for June

Water shortage protested residents of Mohalla Shahdarah in Mingora city

Water shortage protestedMINGORA, July 22: The residents of Mohalla Shahdarah in Mingora city on Monday staged a demonstration outside Swat Press Club here against suspension of water supply for last five months.The protesters were holding placards inscribed with slogans against the TMA chief...Water shortage protested residents of Mohalla Shahdarah in Mingora city

Karachi Port operations Four ships carrying chemical, soya bean meal, crude oil and containers

KARACHI,  Four ships carrying chemical, soya bean meal, crude oil and containers are expected to arrive at the outer anchorage of Karachi Port on Tuesday, said a KPT source.OOCL Britan, Al Yarmouk, Mol Dignity, Rio Charleston, APL Brisbane and Dlace were berthed on Monday. While Du Juan Song,...Karachi Port operations Four ships carrying chemical, soya bean meal, crude oil and containers

Sino-Pak railway deal inked Chinese firm and a subsidiary of the Pakistan Railways have signed a memorandum of understanding (MoU)

LAHORE,  Chinese firm and a subsidiary of the Pakistan Railways have signed a memorandum of understanding (MoU) for cooperation in the development of a strategic corridor from Khunjrab to Gwadar Port and other projects in Pakistan.Under the MoU, signed between Pakistan Railways Advisory and...Sino-Pak railway deal inked Chinese firm and a subsidiary of the Pakistan Railways have signed a memorandum of understanding (MoU)

Gulalai asks Pesco chief to install of 220kv transformer

Peshawar: PTI MNA Ayesha Gulalai Wazir spearheaded a delegation from district Bannu to demand Power Transformer for 220KV Grid Station Domel, District Bannu. She apprised CEO Peshawar Electric supply company (PESCO) Tariq saddozai of the problems being faced by the people due to protracted power...Gulalai asks Pesco chief to install of 220kv transformer

Car maker to amend booking rules Competition Commission of Pakistan (CCP) Pak-Suzuki Motor Company Limited and Indus Motor Company Limited,

ISLAMABAD, July 22: Suzuki Pakistan has agreed that the price of cars will not be changed at the time of delivery except for the change in government taxes and levies following objections raised by the Competition Commission of Pakistan (CCP).Previously this right was enjoyed by car...Car maker to amend booking rules Competition Commission of Pakistan (CCP) Pak-Suzuki Motor Company Limited and Indus Motor Company Limited,

Power supply to Pakistan Steel Mills (PSM) not restored fruitful meeting with the Karachi Electric Supply Company (KESC)

KARACHI,  Contrary to the claims made by the Pakistan Steel Mills (PSM) on Monday that after a fruitful meeting with the Karachi Electric Supply Company (KESC) management it was agreed to restore power supply to them immediately, the power utility said that it was a bit more complicated than...Power supply to Pakistan Steel Mills (PSM) not restored fruitful meeting with the Karachi Electric Supply Company (KESC)

Peshawar Electric Supply Company (Pesco) asked to repair transformer in Lakki Marwat

AKKI MARWAT: The residents of Gul Waliabad Mohallah have asked the provincial authorities of the Peshawar Electric Supply Company (Pesco) to repair the power transformer at the earliest.Talking to The News here on Monday, Muhammad Alam, Inamullah, Muhammad Ihsan, Hidayatullah and Ikram Hussain...Peshawar Electric Supply Company (Pesco) asked to repair transformer in Lakki Marwat

National Commission for Human Development (NCHD) workers demand job regularisation

THATTA,  In coordination with the members of civil society and local social workers, hundreds of employees of National Commission for Human Development (NCHD) took out a procession and staged a sit-in on the National Highway here on Monday in protest against their non-regularisation and for...National Commission for Human Development (NCHD) workers demand job regularisation

Oil prices pull back US oil prices pulled back from last week’s 16-month high

NEW YORK,  US oil prices pulled back from last week’s 16-month high on Monday as traders locked in profits from a blistering rally that briefly sent US crude to a premium over Brent for the first time in nearly three years.European marker Brent regained its premium over West Texas...Oil prices pull back US oil prices pulled back from last week’s 16-month high

Factory owner held for gas theft charge of stealing gas worth millions of rupees

FAISALABAD: Police have arrested a factory owner on the charge of stealing gas worth millions of rupees. The anti-theft squad headed by DCO Najam Ahmad Shah and accompanied by CPO Abdur Razzaq Cheema and SNGPL General Manager Abdul Ahad had raided the factory and detected the gas theft a few...Factory owner held for gas theft charge of stealing gas worth millions of rupees

Reply sought from govt over ex-Lahore Electric Supply Company (Lesco) chief’s transfer

LAHORETHE Lahore High Court Chief Justice Umar Ata Bandial has directed the federal government to apprise the court that why former chief of Lahore Electric Supply Company (Lesco) Muhammad Saleem was transferred?The judge issued this order as counsel for petitioner Muhammad Azhar Siddique...Reply sought from govt over ex-Lahore Electric Supply Company (Lesco) chief’s transfer

Government fails to push through poorly crafted energy policy: task force formed energy policy from the Council of Common Interests (CCI)

The government has been unable to push through the energy policy from the Council of Common Interests (CCI) after the provinces expressed their reservations and sought time to review the proposed amendments needed for the implementation of the policy, said sources privy to the meeting.
Sources...Government fails to push through poorly crafted energy policy: task force formed energy policy from the Council of Common Interests (CCI)

Smooth gas supply to ensure autarky in urea: CEO Engro Fertiliser plants

The country can become self-sufficient in urea production and save millions of dollars precious foreign exchange if uninterrupted gas is provided to fertiliser plants. Ruhail Mohammad CEO Engro Fertiliser said with full capacity utilisation Pakistan can even export one million tons of urea every...Smooth gas supply to ensure autarky in urea: CEO Engro Fertiliser plants

physical remand of former Oil and Gas Regulatory Authority (Ogra) chief alleges torture by NAB investigators

An accountability court on Tuesday gave a 10-day extension in the physical remand of former Oil and Gas Regulatory Authority (Ogra) chairman Tauqir Sadiq, who is allegedly involved in a Rs 80.56 billion scam. The accountability court Judge, Muhammad Bashir, while hearing the case, granted...physical remand of former Oil and Gas Regulatory Authority (Ogra) chief alleges torture by NAB investigators

Oil and Gas Development Company Limited (OGDCL), Managing Director resigns?

Masood Siddiqui, Managing Director (MD) of Oil and Gas Development Company Limited (OGDCL), has reportedly resigned after he developed some differences with the top brass of parent ministry, it is learnt. According to Petroleum Ministry sources, Siddiqui on Tuesday attended a meeting at the...Oil and Gas Development Company Limited (OGDCL), Managing Director resigns?

Poor policies behind power woes: Prime Minister the much important energy sector has put the power sector in shambles

Prime Minister Nawaz Sharif said that poor policies and no attention of the previous governments towards the much important energy sector has put the power sector in shambles. The Prime Minister said this while interacting with senior media persons here on Tuesday. He further said that not only...Poor policies behind power woes: Prime Minister the much important energy sector has put the power sector in shambles

16 districts of Balochistan still without electricity including Quetta, Mastung, Qalat, Qila Abdullah, Naushki, Chagi, Ziarat

People of 16 districts of Balochistan including the provincial capital continued to suffer on Tuesday, the fifth consecutive day as they are still without electricity. It should be mentioned that the security clearance is a major hurdle in restoring electricity to all the affected 16 districts...16 districts of Balochistan still without electricity including Quetta, Mastung, Qalat, Qila Abdullah, Naushki, Chagi, Ziarat

Australia shares buoyed by miners thriving on Chinese demand

(Adds analysis, quotes, stocks on the move)SYDNEY, July 23 (Reuters) – Australian shares rose 0.5 percent on Tuesday, buoyed by financial and mining stocks riding on healthy Chinese demand, though gains were restricted by investors’ caution ahead of the reporting season.Miners traded...Australia shares buoyed by miners thriving on Chinese demand

COMMODITIES-Oil up after mixed US, China data; crops mostly down

Sorry, I could not read the content fromt this page.
original
COMMODITIES-Oil up after mixed US, China data; crops mostly down

Ousted SandRidge CEO Ward sold 10 mln shares after being ousted

NEW YORK, July 22 (Reuters) – Ousted SandRidge Energy Inc Chief Executive Tom Ward sold nearly 10 million of the oil and gas company’s shares after he was fired last month, bringing in about $47.4 million in proceeds.
The sales cut Ward’s position in the company, which he...Ousted SandRidge CEO Ward sold 10 mln shares after being ousted

UMW to raise 2.36 bln rgt in Malaysia's biggest IPO this year

KUALA LUMPUR,KUALA LUMPUR, July 16 (Reuters) – Malaysian conglomerate UMW Holdings Bhd will spin off its oil and gas unit to raise 2.36 billion ringgit ($740 million), the company said on Tuesday, in what would the country’s largest initial public offering this year.
UMW Oil &...UMW to raise 2.36 bln rgt in Malaysia's biggest IPO this year

COMMODITIES-Copper, gold lead rally on Fed hopes; oil sinks

Sorry, I could not read the content fromt this page.
original
COMMODITIES-Copper, gold lead rally on Fed hopes; oil sinks

Seas may rise 2.3 metres per degree of global warming-report

By Erik KirschbaumBERLIN, July 15 | Mon Jul 15, 2013 10:22am EDT BERLIN, July 15 (Reuters) – Sea levels could rise by 2.3 metres for each degree Celsius that global temperatures increase and they will remain high for centuries to come, according to a new study by the leading climate...Seas may rise 2.3 metres per degree of global warming-report

RPT-Hedge funds' bullish commodity bets near 6-month peak after Fed

Sorry, I could not read the content fromt this page.
original
RPT-Hedge funds' bullish commodity bets near 6-month peak after Fed

UPDATE 1-Protest halts Libyan port's oil exports for 6th day

(Adds quotes from protester)TRIPOLI, July 22 (Reuters) – Protesters demanding jobs closed off the eastern Libyan port of Zueitina for a sixth day on Monday, extending a halt in oil exports, according to a senior oil industry source and to one of the demonstrators.Roughly a dozen men last...UPDATE 1-Protest halts Libyan port's oil exports for 6th day

SE Asia Stocks-Thailand, Philippines down; Fed direction awaited

Sorry, I could not read the content fromt this page.
original
SE Asia Stocks-Thailand, Philippines down; Fed direction awaited

European refiners squeezed in Africa by rising U.S exports

* U.S. gasoline exports to West Africa surge in July* European sales to West Africa down 10 pct so far this yearBy Ron Bousso and Jonathan SaulLONDON, July 22 (Reuters) – A sharp increase in U.S. gasoline exports to West Africa is threatening to undercut European refiners’ dominance...European refiners squeezed in Africa by rising U.S exports

COMMODITIES-Up for 3rd week after rebound in oil and metals

Sorry, I could not read the content fromt this page.
original
COMMODITIES-Up for 3rd week after rebound in oil and metals

Business groups push U.S. Congress to prevent import tax hike

By Doug Palmer

WASHINGTON, July 22 (Reuters) – Business groups are pushing the U.S. Congress to pass legislation in the next nine days to prevent tariffs from rising on auto parts, tires, jewelry and other goods from developing countries under a trade benefits program that expires on July...Business groups push U.S. Congress to prevent import tax hike

Pacific crude exports in Sept seen lower m/m at 13-14 cargoes

Sorry, I could not read the content fromt this page.
original
Pacific crude exports in Sept seen lower m/m at 13-14 cargoes

Oil industry launches new offensive against ethanol mandate

By Cezary PodkulNEW YORK, July 15 | Mon Jul 15, 2013 3:52pm EDT NEW YORK, July 15 (Reuters) – The oil industry’s top lobby group in Washington has launched an aggressive new ad campaign urging the repeal of the Renewable Fuel Standard, a 2007 law mandating the blending of gasoline...Oil industry launches new offensive against ethanol mandate

SE Asia Stocks-Firmer after Bernanke comments

Sorry, I could not read the content fromt this page.
original
SE Asia Stocks-Firmer after Bernanke comments

US STOCKS-Wall St sags as commodity shares, utilities weigh

* Goldman Sachs profit doubles, helped by bond trading* Coke profit falls on wet weather, weak economy* Dow off 0.4 pct; S&P 500 0.6 pct; Nasdaq down 0.4 pctBy Alison GriswoldNEW YORK, July 16 (Reuters) – U.S. stocks slipped on Tuesday as investor caution took hold on the day before...US STOCKS-Wall St sags as commodity shares, utilities weigh

UPDATE 3-CN Railway profit rises as crude oil shipments increase

By Scott Haggett and Solarina HoJuly 22 (Reuters) – Canadian National Railway, Canada’s largest railroad, said on Monday it expects the boom in crude-by-rail shipments to continue, despite the Lac-Megantic tragedy earlier this month and as narrowing spreads between benchmark world...UPDATE 3-CN Railway profit rises as crude oil shipments increase

REFILE-Banks check Chinese walls as Hannam appeal reveals cracks

original
REFILE-Banks check Chinese walls as Hannam appeal reveals cracks

CNOOC signs 200th foreign oil production-sharing contract

LONDON, July 16 (Reuters) – China National Offshore Oil Corp (CNOOC) signed its 200th production-sharing contract with a foreign partner on Tuesday, teaming up with BP to drill in the South China Sea.
The landmark demonstrates China’s drive to develop its own oil and gas resources at...CNOOC signs 200th foreign oil production-sharing contract

Canada gives C$60 million to help Quebec town after rail disaster

July 22 (Reuters) – The Canadian government will offer C$60 million ($58 million) to help rebuild the devastated Quebec town of Lac-Megantic, where 47 people died in a crude oil tanker train explosion and fire, a federal minister said on Monday.
Quebec’s provincial government...Canada gives C$60 million to help Quebec town after rail disaster

UPDATE 2-Brent slips below $109 on demand growth worries

* Modest rise in U.S. retail sales offers cautionary note* U.S. crude, gasoline stocks, refinery runs dropping – poll* Coming Up: U.S. API weekly crude stocks; 2030 GMT (Adds comments, updates prices)By Manash GoswamiSINGAPORE, July 16 (Reuters) – Brent futures slipped below $109 a...UPDATE 2-Brent slips below $109 on demand growth worries

CORRECTED-Australia shares trade flat on Wall St, miners pare index losses

(Corrects to add direction of BHP move in second paragraph, name of Fed Chairman in eighth paragraph)SYDNEY, July 17 (Reuters) – Australian shares traded flat on Wednesday after Wall Street ended lower overnight ahead of testimony by the U.S. Federal Reserve’s chairman to...CORRECTED-Australia shares trade flat on Wall St, miners pare index losses

Schneider's Invensys bid leaves door ajar to cash rich rival

* Schneider proposal includes over a third in stock* Some British investors can’t hold foreign shares* Any rival bidders seen waiting for firm Schneider offerBy Anjuli Davies and Sophie SassardLONDON, July 15 (Reuters) – France’s Schneider Electric has left the door ajar to...Schneider's Invensys bid leaves door ajar to cash rich rival

GLOBAL MARKETS-Global stocks post best week since November

Sorry, I could not read the content fromt this page.
original
GLOBAL MARKETS-Global stocks post best week since November

COLUMN-Weak China oil imports contrast with modest demand growth: Clyde Russell

–Clyde Russell is a Reuters market analyst. The views expressed are his own.–By Clyde RussellLAUNCESTON, Australia, July 16 (Reuters) – How do you reconcile the apparently contradictory facts that China’s oil demand and refinery runs hit four-month highs in June while...COLUMN-Weak China oil imports contrast with modest demand growth: Clyde Russell

WRAPUP 2-Schlumberger soars on global drilling boom, Baker hit at home

Sorry, I could not read the content fromt this page.
original
WRAPUP 2-Schlumberger soars on global drilling boom, Baker hit at home

Hedge funds' bullish commodity bets near 6-month peak after Fed

Sorry, I could not read the content fromt this page.
original
Hedge funds' bullish commodity bets near 6-month peak after Fed

COMMODITIES-Biggest week for gold since 2011; oil surges too

Sorry, I could not read the content fromt this page.
original
COMMODITIES-Biggest week for gold since 2011; oil surges too

EDF installs dome on delayed next-generation nuclear reactor

PARIS, PARIS, July 16 (Reuters) – French utility EDF has installed the dome of the reactor building of its Flamanville nuclear reactor, showing progress on a programme plagued by cost overruns and delays.
Construction of the reactor in Normandy, northern France, expected to start producing...EDF installs dome on delayed next-generation nuclear reactor

Australia plans to scrap fixed price on carbon: Treasurer

SYDNEY | Sat Jul 13, 2013 11:18pm EDT SYDNEY Jul 14 (Reuters) – Australia plans to scrap its carbon tax and bring forward an emissions trading scheme, Treasurer Chris Bowen said on Sunday, a policy shift certain to be a focal point in the forthcoming election.Under current plans, Australia...Australia plans to scrap fixed price on carbon: Treasurer

UPDATE 3-U.S. and UK fine high-speed trader for manipulation

* Net fines from CFTC, CME, and FCA of nearly $6 million* Firm accused of placing false orders to create illusion of trading activity* US, UK regulators take closer look at automated trading practicesBy Huw Jones and John McCrankLONDON/NEW YORK, July 22 (Reuters) – Regulators in the United...UPDATE 3-U.S. and UK fine high-speed trader for manipulation

US STOCKS-S&P 500 gains for an 8th day, boosted by Citigroup

* Dow, S&P 500 end at record highs for third day* Citigroup shares climb after earnings* Empire State manufacturing index up, but retail sales soft* Trading volume lowest of any full trading day this year* Dow up 0.1 pct, S&P 500 up 0.1 pct, Nasdaq up 0.2 pctBy Caroline ValetkevitchNEW...US STOCKS-S&P 500 gains for an 8th day, boosted by Citigroup

Sweltering New York may try to reduce power use for 2nd straight day

By Scott DiSavinoJuly 16 | Tue Jul 16, 2013 9:09am EDT July 16 (Reuters) – New York state’s power grid operator said it might activate its demand response programs for a second day on Tuesday to reduce electricity usage in the New York City area as consumers crank up their air...Sweltering New York may try to reduce power use for 2nd straight day

SE Asia Stocks-Thailand, Indonesia gain; Bernanke testimony watched

Sorry, I could not read the content fromt this page.
original
SE Asia Stocks-Thailand, Indonesia gain; Bernanke testimony watched

Seven injured in explosion at Pemex pipeline in Mexico

MEXICO CITY, July 21 | Sun Jul 21, 2013 11:38am EDT MEXICO CITY, July 21 (Reuters) – At least seven people were injured by an explosion after an attempt to illegally tap a pipeline belonging to the Mexican state oil monopoly Pemex near Mexico City, officials said on Sunday.The early...Seven injured in explosion at Pemex pipeline in Mexico

US oil retains premium to Brent, holds above $108 on demand hopes

* G20 puts growth before austerity, vows to tread carefully* Hedge fund bets on U.S. oil prices hit record level -CFTC* China frees up lending rates in major reform* Coming Up: U.S. existing home sales; 1400 GMTBy Manash GoswamiSINGAPORE, July 22 (Reuters) – U.S. oil continued to trade...US oil retains premium to Brent, holds above $108 on demand hopes

Nineteen Colombian soldiers killed in clashes with FARC rebels

By Monica GarciaTAME, Colombia, July 21 | Sun Jul 21, 2013 4:10pm EDT TAME, Colombia, July 21 (Reuters) – Nineteen Colombian soldiers were killed in clashes blamed on the country’s Marxist FARC guerrillas, defense ministry sources said on Sunday, the heaviest casualties the armed...Nineteen Colombian soldiers killed in clashes with FARC rebels

INSIGHT-Canadian train disaster a dark turn for rail veteran

By Karl Plume, P.J. Huffstutter and Ernest ScheyderJuly 21 (Reuters) – A blinding flash of orange light jarred Weyauwega residents awake before dawn on March 4, 1996. An 81-car freight train had been barreling toward the farm town in central Wisconsin when it jumped a broken rail. The...INSIGHT-Canadian train disaster a dark turn for rail veteran

Gulf Keystone moves to end spat with shareholders

LONDON, July 21 (Reuters) – Oil exploration company Gulf Keystone Petroleum has withdrawn its opposition to four directors proposed by shareholder M&G Recovery Fund, ending a row with its biggest investors over corporate governance.
Gulf Keystone said in a statement late on Saturday...Gulf Keystone moves to end spat with shareholders

SE Asia Stocks-Most up, Indonesia falls on profit-taking

Sorry, I could not read the content fromt this page.
original
SE Asia Stocks-Most up, Indonesia falls on profit-taking

AFRICA INVESTMENT-China brings goods and roads, now Africa wants jobs

* With fast-growing population, Africa’s priority is jobs* China provided infrastructure but brought own workforce* Beijing’s focus on raw materials provides few good jobs* Cheap manufacturing imports stifle African industryBy Daniel FlynnDAKAR, July 21 (Reuters) – China has...AFRICA INVESTMENT-China brings goods and roads, now Africa wants jobs

UPDATE 1-Japan's Nansei ordered to delay refinery restart after explosion

* Explosion at furnace during preparation for restart* Fire dept sees at least one month to repair damages* CDU operations likely to restart earlier (Adds comment from local fire department; quote from Nansei statement; details on earlier fire)TOKYO, July 22 (Reuters) – Nansei Sekiyu KK,...UPDATE 1-Japan's Nansei ordered to delay refinery restart after explosion

Bahamas Petroleum says exploration licences extended, farm-out talks continue

July 22 (Reuters) – Bahamas Petroleum Co Plc said the Bahamas environment ministry had extended the company’s five exploration licences by a further three years and that it was continuing farm-out talks with interested parties to raise money to begin drilling an exploration...Bahamas Petroleum says exploration licences extended, farm-out talks continue

UPDATE 2-Oil above $108 on demand hopes, US oil at premium to Brent

* G20 puts growth before austerity, vows to tread carefully* Hedge fund bets on U.S. oil prices hit record level-CFTC* China frees up lending rates in major reform* Coming Up: U.S. existing home sales; 1400 GMT (Updates prices)By Manash GoswamiSINGAPORE, July 22 (Reuters) – U.S. oil...UPDATE 2-Oil above $108 on demand hopes, US oil at premium to Brent

China's June Iran oil imports down 39 pct on yr; H1 down 1.9 pct

BEIJING, July 22 (Reuters) – China’s crude oil imports from Iran were about 384,980 barrels per day in June, down 39 percent versus the same month a year ago, and down 31 percent from May, Chinese customs data showed on Monday.
For the first six months of the year, Chinese imports of...China's June Iran oil imports down 39 pct on yr; H1 down 1.9 pct

INSIGHT-Canadian train disaster a dark turn for rail veteran

By Karl Plume, P.J. Huffstutter and Ernest ScheyderJuly 21 (Reuters) – A blinding flash of orange light jarred Weyauwega residents awake before dawn on March 4, 1996. An 81-car freight train had been barreling toward the farm town in central Wisconsin when it jumped a broken rail. The...INSIGHT-Canadian train disaster a dark turn for rail veteran

Rain slows massive Southern California wildfire

1 of 2. A DC-10 super air tanker makes a drop on a upper ridge line near Idyllwild, California July 19, 2013. Credit: Reuters/Gene BlevinsBy Sharon BernsteinLOS ANGELES | Sun Jul 21, 2013 8:56pm EDT LOS ANGELES (Reuters) – Heavy rains overnight helped slow a massive Southern California...Rain slows massive Southern California wildfire

Firefighters have California blaze nearly half contained

1 of 2. A DC-10 super air tanker makes a drop on a upper ridge line near Idyllwild, California July 19, 2013. Credit: Reuters/Gene BlevinsBy Alex DobuzinskisLOS ANGELES | Sun Jul 21, 2013 12:04am EDT LOS ANGELES (Reuters) – Cooler weather helped firefighters make significant gains on...Firefighters have California blaze nearly half contained

New Zealand hit by quake of magnitude 6.9, minor damage

WELLINGTON (Reuters) – An earthquake of magnitude 6.9 struck New Zealand on Sunday, the U.S. Geological Survey’s monitoring service reported, but there were no immediate reports of major damage or injuries.
The largest of a series of tremors that have shaken the region in the past...New Zealand hit by quake of magnitude 6.9, minor damage

U.S. Navy drops unarmed bombs on Australia's Great Barrier Reef

SYDNEY | Sun Jul 21, 2013 8:55pm EDT SYDNEY (Reuters) – The U.S. Navy said on Monday it was forced to drop four unarmed bombs on to Australia’s fragile Great Barrier Reef during a military exercise last week but the bombs did not explode and did not pose a hazard to shipping or...U.S. Navy drops unarmed bombs on Australia's Great Barrier Reef

Should subsidies for wind power end? NO

As more and more Americans become aware of the critical need to combat global warming, one of our key weapons literally is blowing in the wind.A recent report by the Department of Energy’s National Renewable Energy Laboratory says wind power will be a key component of the renewable energy...Should subsidies for wind power end? NO

Wind power good for U.S.

David A. Ridenour’s column culled a series of exposed myths, called them facts and developed wildly misinformed conclusions (“Should Congress end subsidies for wind power?” July 14).The majority of U.S. wind turbines installed do not use rare earth metals, and even those that do not have...Wind power good for U.S.

Anti-wind power column ignores subsidies for other energy sources

The federal government gives tax benefits to all energy producers, not just to renewables.M.D. Harmon’s column (“Alternative power sources must pass free-market test,” July 12) suggests that “wind and solar power-generating ‘schemes’ (are) based on developer-enriching government...Anti-wind power column ignores subsidies for other energy sources

Wind energy in Australia: Goldwind achieves financial close for Gullen Range wind farm

Goldwind announced the financial close on its largest overseas wind power project – the 165.5MW Gullen Range Wind Farm.The financing facility was closed and the first drawdown has been completed.  The  transaction  includes  a  project  financing  facility  of  $250m AUD.  The...Wind energy in Australia: Goldwind achieves financial close for Gullen Range wind farm

RES Americas to develop and construct 200 MW wind project for Xcel Energy

RES America Developments Inc., a subsidiary of Renewable Energy Systems Americas Inc. (RES Americas), a leader in the development and construction of wind and solar projects in North America, is pleased to announce it is working with Xcel Energy to construct the 200 megawatt (MW) Pleasant...RES Americas to develop and construct 200 MW wind project for Xcel Energy

Minor miners face major headache from iron ore giants

* Slim chances for juniors iron ore miners as lower prices loom* Many running short on cash and finding few options for funds* Vale, Rio, BHP better able to withstand dips in iron ore price cycleBy James ReganSYDNEY, July 22 (Reuters) – From Africa to Australia, opportunities to develop...Minor miners face major headache from iron ore giants