New York has become the first U.S. state to impose a one-year moratorium on the construction of large new data centres, citing growing concerns over rising electricity costs, environmental impacts and pressure on local communities caused by the rapid expansion of artificial intelligence (AI) infrastructure. Governor Kathy Hochul announced the executive order on Tuesday, saying […]
Energy
Pakistan issues fresh spot tender for another LNG cargo
Pakistan LNG Limited (PLL) has issued another spot tender to purchase a liquefied natural gas (LNG) cargo, as the country continues to secure fuel supplies to meet domestic energy demand during the peak summer season. Read More: Pakistan seeks urgent LNG cargo as Hormuz attacks disrupt supplies According to PLL, international energy suppliers have been invited to submit […]
The End of Cheap Energy: A Structural Break in the Global Order
The global energy system is not experiencing a cyclical disturbance; it is undergoing a structural rupture. The conflict involving Iran has not merely disrupted supply chains, it has exposed and accelerated deeper vulnerabilities embedded in the architecture of global energy markets. For decades, the world operated on a foundational assumption: that energy would remain abundant, […]
Pakistan’s Energy Lifeline Runs Through a War Zone
In Pakistan’s fragile economic equation, one geographical chokepoint thousands of kilometres away can ignite inflation, derail fiscal targets, and destabilise an already vulnerable recovery. The Strait of Hormuz, a narrow maritime corridor between Iran and Oman, has once again become the world’s most dangerous economic pressure point. For Pakistan, the risks are far greater than […]
Japan launches $36B US investment under $550B trade deal
The United States on Tuesday announced the first tranche of investments by Japan under a $550 billion trade deal struck in 2025 during President Donald Trump’s administration. Tokyo has committed $36 billion toward three major infrastructure projects in the US, marking the initial step in fulfilling its large-scale pledge in exchange for reduced US trade […]
Quetta exempts 75 power feeders from outages
QUETTA: The Quetta Electric Supply Company (Qesco) has exempted a significant portion of the provincial capital from power outages, declaring 75 out of 139 feeders in Quetta city as loadshedding-free under its latest improvement measures for Balochistan’s electricity network. Read More: Balochistan Assembly demands end to outages – Daily Times According to officials, all feeders connected […]
Nepra lowers national power tariff by 62 paise per unit
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has reduced the national average electricity tariff by 62 paise per unit for the next six months, effective from January 1, 2026. The regulator’s notification, issued late Wednesday, sets the national average uniform tariff at Rs33.38 per kilowatt-hour, down from Rs34.00 per kWh in 2025-26. Read More: […]
Trump Media to merge with nuclear fusion company TAE Technologies in $6 billion deal
Trump Media and Technology Group, the parent company of Truth Social, announced on Monday that it is merging with private nuclear fusion company TAE Technologies in a deal valued at approximately $6 billion. The merger, aimed at repositioning the struggling media firm into energy infrastructure, is expected to close by mid-2026. Read More: Media firms face […]
Govt approves new net metering policy for solar power consumers
The Ministry of Energy has approved a major revision to the net metering policy for solar power consumers across Pakistan. According to sources in National Electric Power Regulatory Authority (Nepra), the decision was finalised after months of consultations with key stakeholders, including distribution companies (DISCOs) and regulatory bodies. Under the new net billing framework, solar […]
Pakistan and Turkiye ink $300M energy, mining deals
Pakistan and Turkiye signed energy and mining agreements worth over $300 million, focusing on offshore drilling and new exploration. The deals aim to strengthen bilateral trade and energy sector investment. PM Shehbaz Sharif and Turkish Energy Minister Alparslan Bayraktar attended the signing ceremony in Islamabad. The agreements include the Indus Offshore C Block, Ziarat North […]