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Web Desk Karachi
June 5, 2025

Global oil investment to drop 6pc in 2025, first decline in a decade

The drop is mostly the result of a “sharp decline in spending on US tight oil,” according to the report.

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Web Desk Karachi
February 14, 2025

Global electricity demand set to surge, threatens climate goals, IEA warns

The agency has revised its growth forecast for the upcoming years, estimating an increase of nearly 4 percent per year until 2027, a rise from its previous estimate of 3.4 percent.

WEB DESK
December 25, 2024

Solar prices plummet in Pakistan due to oversupply, rising tariffs

The decline has been attributed to lower temperatures and increased cold intensity, which has reduced energy demand during the winter months.

Reuters
October 16, 2024

Age of electricity’ to follow looming fossil fuel peak: IEA

A record high level of clean energy came online globally last year including more than 560 gigawatts of renewable power capacity

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WEB DESK
November 14, 2023

International oil prices rise on optimistic demand outlook

Global oil prices experienced an upward trend on Tuesday following an optimistic revision of demand growth forecasts by the International Energy Agency (IEA).