Pakistan fuel minister Musadik Malik warns against hoarding petrol, says fuel supplies are sufficient
The comments come as a number of petrol pumps in several major and small cities of Punjab have been facing a severe shortage of petrol.
Energy
Vast deserts become sources of plentiful energy
Xinjiang's new energy push is part of the country's accelerating shift from fossil fuels to clean energy, as it vows to achieve carbon neutrality by 2060.
John Lee seeks oil giant Aramco listing in Hong Kong
He stated that the city will provide a full range of financial and professional services to Saudi Aramco, including assistance in listing in Hong Kong.
China’s installation of renewable power to see robust growth in 2023: Fitch
The installed capacity of wind and solar power in China rose 22 percent year-on-year last year, according to Fitch Ratings.
Bangladesh PM tells consumers to pay actual cost of gas and power
She also added that the government is providing subsidies to agriculture and food production for the nation's greater interest.
‘Energy inflation’ hits 25-year high in January
Although the government froze gas rates in the first quarter of 2023, it is still considered burdensome for many Koreans as the price was raised four times last year.
Sembcorp opens S-E Asia’s largest energy storage system on Jurong Island to boost solar power supply
Made up of more than 800 large-scale battery units that can be individually moved and installed, the system stores excess solar energy generated in the day to be used at times of…
Talks ongoing to generate hydrogen power from seawater: Bangladesh PM
Mentioning that the production of hydrogen electricity is very costly, she said such a plan can be taken if the costs come down in the future.
Bangladesh electricity price hike “an anti-people decision”: Gano forum
The government on Jan 31 increased the electricity price by 5 per cent at the retail level, the second hike in 19 days.
How do LNG subsidies affect public spending?
If subsidies continue to grow exponentially, the government may be forced to reallocate funds or resources from other economic activities or turn to borrowing funds.