Global oil prices spiked dramatically after Israel launched targeted strikes on Iran’s key nuclear and missile infrastructure. WTI and Brent futures surged over 8%, with fears rising that escalating conflict …
energy crisis
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Business
Solar Panel Prices Surge in Karachi Ahead of Proposed 18% Import Tax
by Web Deskby Web DeskSolar panel prices in Karachi have spiked sharply ahead of the proposed 18% sales tax on imported panels, leaving consumers shocked and traders warning of potential smuggling and long-term market …
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Others
Mass Blackout Cripples Spain and Portugal, Grounds Flights and Halts Transport
by Web Deskby Web DeskA massive power outage swept across Spain and Portugal on Monday, disrupting flights, public transport, hospitals, and retail operations, with authorities still searching for the cause of the rare and …
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Tech & Telecom
AI’s Data Powerhouses Are Sparking a Global Energy Reckoning
by Umar Sohailby Umar SohailArtificial intelligence is powering massive shifts in global energy demand. A new IEA report reveals how AI-driven data centers will double electricity use by 2030.
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Others
The End of an Era: Russia Halts Gas Flow to Europe via Ukraine Pipeline
by Web Deskby Web DeskOn January 1, 2025, Russia stopped gas exports through Ukraine, a crucial transit route that had powered Europe for decades. This event marks a significant shift in the European energy …
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Jimmy Carter, the 39th U.S. president, passed away at the age of 100. Renowned for his role in brokering the Camp David Accords and his humanitarian efforts through the Carter …
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International
State Department Confirms Ongoing Discussions between Pakistan and US on Iran Gas Pipeline Project
Following the approval of the Pak-Iran gas pipeline project by the caretaker cabinet, the State Department in Washington revealed on Wednesday that discussions with Pakistan’s government about the project are …
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Latest Updates
Pakistan Faces Energy Crisis with Escalating Costs During Winter
by Hamza Irshadby Hamza IrshadEnergy Crisis Loadshedding has frustratingly returned to Pakistan, and this time, the winter weather is playing a significant role in exacerbating the energy crisis. The power division explained that feeders …
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Pakistan LNG Limited (PLL) granted a tender to commodities trader Vitol for the supply of a liquefied natural gas (LNG) cargo in December, marking Pakistan’s first spot LNG purchase in …
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ISLAMABAD: In a significant development with wide-ranging implications for consumers nationwide, the National Electric Power Regulatory Authority (NEPRA) announced on Monday its approval of a tariff increase of Rs 3.28 …