Wednesday, July 3, 2024

Energy

G-20 summit: Ambitious rail and shipping project unveiled connecting India to Middle East and Europe

A multinational rail and shipping project connecting India with the Middle East and Europe was announced on the sidelines of the G20 summit in New Delhi and is seen as a challenge to China's economic aspirations in the area.

Pakistan suspends multi-billion dollar gas pipeline project with Iran, cites US sanctions 

Pakistan has postponed its multi-billion gas pipeline project with Iran until international sanctions on Iran are lifted, officials confirmed.

New Zealand aims to achieve 100% renewable electricity with the launch of $1.2 Billion climate fund

New Zealand Government and BlackRock to collaborate on first of its kind climate infrastructure fund in New Zealand to unlock investment to support 100% renewable electricity generation.

Turkey’s Erdogan arrives in Saudi Arabia, energy and defense agreements signed

Turkish President Recep Tayyip Erdogan kicked off his three-state Gulf tour by arriving in Saudi Arabia on Monday.

World’s largest hybrid solar-hydro plant becomes operational in China

The Kela photovoltaic power station, located in the Yalong River Basin of the Tibetan Autonomous Prefecture of Garze, has a remarkable installed capacity of 1 million kilowatts, making it the largest hydro-solar power grid on the planet.

Pakistan and Azerbaijan agree to bolster trade, energy and defense cooperation

Pakistan and Azerbaijan have pledged to strengthen bilateral cooperation in various areas, including energy, trade, and aviation, during a meeting between Prime Minister Shehbaz Sharif and Azerbaijan President Ilham Aliyev in Baku.

$10 billion investment deals signed on first day of Arab-China summit

30 investment agreements worth a staggering $10 billion were signed across various sectors, including technology, renewables, agriculture, real estate, minerals, supply chains, tourism, and healthcare.

Saudi Arabia and Azerbaijan sign energy cooperation deal

The deal was signed by Saudi Energy Minister Prince Abdulaziz bin Salman and his Azerbaijani counterpart Parviz Shahbazov during a meeting in Riyadh.

What nuclear fusion breakthrough means for clean energy?

American scientists have announced a major breakthrough that will pave the way for advancements in the future of clean power.

Full text of Pakistan-China joint statement as PM Sharif meets President Xi

Pakistan’s Prime Minister Shehbaz Sharif and Chinese President Xi Jinping agreed to strengthen strategic partnership and cooperation on the $65 billion China-Pakistan Economic Corridor (CPEC)

Latest News

Qatar unveils plans for $5.5 billion tourism development project Simaisma with Disney-size theme park

Qatar has announced a groundbreaking $5.5 billion (20 billion Qatari Riyal) development project named Simaisma tourist project, featuring a colossal theme park set to surpass the iconic Walt Disney World's Magic Kingdom in size.