The
All-Pakistan Chinese Enterprises’ Association (APCEA) organized a briefing on
Wednesday to apprise media and think tanks about the potential and significance
of existing and ongoing energy projects under the China-Pakistan Economic
Corridor (CPEC).
The briefing, titled "Infodor Salon on CPEC Energy…
The prices of engine oil brands are expected to change in the
coming days. The government has announced a 10% increase in the import duty on
petroleum products, which will take effect from August 25, 2023. This is likely
to lead to an increase in the prices of engine oils, as they are imported
products.
The exact amount of the…
Oil prices are on track for their seventh straight weekly
gain, the longest such streak since 2022. This is being driven by a number of
factors, including:
The International Energy Agency (IEA) has forecast that global oil demand will hit a record 103 million barrels per day in August. This is being driven by strong economic growth in the United States and China, as well as the reopening of economies around the world.
Petroleum is a complex mixture of hydrocarbons that can be
refined into a wide variety of products. The top 5 products made from petroleum
are:
Gasoline (46%): Gasoline is the most common product made from petroleum. It is used to fuel cars, trucks, and other vehicles.
Heating oil/diesel fuel (20%): Heating oil and diesel fuel
are used to heat homes and businesses and to power trucks, buses, and other
heavy equipment.
Both renewable energy and improving energy efficiency have
major impacts on our energy future. However, I would say that improving energy
efficiency has a greater impact in the short term.
Here are some reasons why:
It is more cost-effective. The cost of energy efficiency measures has been declining for years, and they are now often cheaper than the cost of building new power plants. For example, the cost of installing energy-efficient…
The 2022 oil crisis is a global energy crisis that began in
2021 and has been exacerbated by Russia's and Ukraine’s war in February 2022.
The crisis is caused by a combination of factors, including:
The COVID-19 pandemic: The pandemic caused a sharp drop in energy demand in 2020, which led to a decrease in oil production. As economies have reopened, oil demand has rebounded, but production has not kept pace.
The war in…
The frequency of engine oil changes depends on various
factors, including the vehicle's make and model, the type of engine oil used,
driving conditions, and the manufacturer's recommendations. In the past, the
common practice was to change engine oil every 3,000 kilometers. However,
modern vehicles and improved engine oil formulations have extended the
recommended oil change intervals.
Most vehicles today, especially those using synthetic engine oils and adhering to API SP or API SN service categories, can go…
Pakistan is a country
with a growing population and a rapidly expanding economy. This has put a
strain on the country's energy infrastructure, which is heavily reliant on
imported fossil fuels. In order to meet its growing energy needs and reduce its
reliance on imported fuels, Pakistan is increasingly turning to renewable
energy sources.