Latest in: Energy
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World Bank predicts higher prices for oil, slightly lower for gold in 2017
The boom in oil production in recent years that helped industrial consumers and citizens save money is likely to fall back to lower levels, causing prices to soar next year. With the Organization of the Petroleum...October 23, 2016 910 0 -
US power generation mix to change with focus on cleaner energy
Power generation in the United States will make a shift towards producing cleaner energy that fits into President Barack Obama’s plan to reduce carbon emission. According to a latest report by the Energy Information Agency,...July 4, 2016 979 0 -
Will IT advancement rescue Pakistani economy?
Saad Hussain, a software prodigy based in Lahore, the IT Capital of Pakistan, sent ripples in world’s software industry by developing a user-friendly app for blackberry phone a couple of years ago, winning acclaim at home...June 8, 2016 907 0 -
How urban upsurge will impact the way we live now
Nearly two-thirds of the global population is expected to live in cities by 2030 and produce as much as 80 per cent of the global gross domestic product (GDP), sparking innovation, reducing poverty and improving the...May 19, 2016 1293 0 -
New report warns of water war risks in absence of planning
If business-as-usual continues in the realm of water management, some regions of the world will lose up to 6 percent of their GDP, and water shortages will spark conflict and trigger wide-scale migration of population, a...May 8, 2016 1016 0 -
Pakistan’s long-term energy solution may lie in gas import
Belgian Vessel Exquisite docked at Port Qasim near Karachi has been instrumental in re-gasification of LNG imported from Qatar since March 2015. Captain and engineers of European origin with the help of Philippines sailors carry out...May 6, 2016 3295 0 -
Despite many forecasts, oil prices cruise in unchartered waters
Global oil prices are unlikely to attain any semblance of stability in the near future, in spite of forecasts and estimates, as geo-strategic political compulsions and fears of losing market share continue to drive decisions on...May 4, 2016 883 0