Latest news with #energy
The Verge
11 minutes ago
- The Verge
Microsoft has a new trick to improve laptop battery life on Windows
Microsoft has started testing a new feature in Windows 11 that will improve laptop battery life. A new adaptive energy saver mode will soon automatically enable or disable the main energy saver mode, based on your laptop's workload rather than just its amount of battery life left. The energy saver mode in Windows 11 typically dims a display brightness by 30 percent, disables transparency effects, and stop apps running in the background. Non-critical Windows update downloads are also paused, and certain apps like OneDrive, OneNote, and Phone Link may not sync fully while energy saver is enabled. This new adaptive energy saver mode, which will only be available on devices with a battery, will automatically enable or disable without affecting screen brightness. That will make it less noticeable on devices like laptops, tablets, and handhelds. 'Adaptive energy saver is an opt-in feature that automatically enables and disables energy saver, without changing screen brightness, based on the power state of the device and the current system load,' explains Microsoft's Windows Insider team. Microsoft has started testing this with Canary Channel Windows 11 testers recently, so expect to see it appear in Windows 11 later this year. While you won't be able to use this new adaptive energy saver mode on desktop PCs, Microsoft brought its main energy saver mode to all PCs last year, allowing even desktop PCs to save on electricity usage.
Zawya
28 minutes ago
- Business
- Zawya
International Islamic Trade Finance Corporation (ITFC) Signs Landmark US$513 Million Syndicated Murabaha Financing with the Government of Pakistan to Support Energy Imports
The International Islamic Trade Finance Corporation (ITFC) ( a member of the Islamic Development Bank (IsDB) Group, signed a US$513 million Syndicated Murabaha Financing Facility with the Islamic Republic of Pakistan, represented by the Ministry of Economic Affairs, to support the country's critical energy sector needs. The signing ceremony was witnessed by H.E. Dr. Muhammad Al-Jasser, President of the Islamic Development Bank (IsDB), and the agreement was signed by Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, and Hon. Dr. Kazim Niaz, Federal Secretary for Economic Affairs, on behalf of the Government of Pakistan. This milestone facility marks the largest syndicated financing arranged by ITFC for Pakistan over the last three years, reaching US$513 million, which was significantly oversubscribed, with the final amount raised being more than double the initial target, reflecting strong interest and confidence from investors. The proceeds of the financing will be used for the import of crude oil, petroleum products, and liquefied natural gas (LNG) to meet Pakistan's energy needs. This milestone facility stands as the largest syndicated operation led by ITFC for Pakistan in recent years, with the final amount raised being more than double the initial target, underscoring the strong confidence and demand from the market. On this occasion, Eng. Adeeb Y. Al-Aama, CEO of ITFC, stated: 'This syndicated financing is a clear vote of confidence by the market in both the ITFC capabilities and Pakistan's economic trajectory. It demonstrates the growing trust of our financing partners and ITFC's steadfast commitment to supporting energy security in Pakistan. Since 2008, our strategic partnership with the Government of Pakistan has resulted in the approval of more than US$8.1 billion in trade finance, reflecting our longstanding commitment to the country's economic growth. This agreement represents a continuation in that partnership, as we remain dedicated to mobilizing Shari'ah-compliant resources that support Pakistan's development priorities and strengthen its trade resilience." Commenting on the signing, Hon. Dr. Kazim Niaz, Federal Secretary for Economic Affairs, added that " This significant financing from the International Islamic Trade Finance Corporation (ITFC) underscores the growing confidence of international capital markets and development partners in Pakistan's economic trajectory. We are witnessing positive trends in our macroeconomic indicators, reflecting the resilient efforts towards economic recovery and stability. This facility will further bolster our trade capabilities and contribute to sustained growth. Pakistan remains committed to fostering an environment conducive to robust partnerships and enhanced economic cooperation. The Government of Pakistan is grateful for the continuous support extended by the ITFC'. This latest financing reflects ITFC's continued efforts to provide impactful, Shari'ah-compliant trade solutions that address the urgent needs of member countries. By supporting Pakistan's energy sector, the facility contributes to broader goals of economic stability, sustainable development, and enhanced trade integration across the OIC region. Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC). Contact us: Tel: +966 12 646 8337 Fax: +966 12 637 1064 E-mail: ITFC@ Social media: Twitter: Facebook: LinkedIn: International Islamic Trade Finance Corporation (ITFC) ( About the International Islamic Trade Finance Corporation (ITFC): The International Islamic Trade Finance Corporation (ITFC) is the trade finance arm of the Islamic Development Bank (IsDB) Group. It was established with the primary objective of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving the socio-economic conditions of the people across the world. Commencing operations in January 2008, ITFC has provided more than US$83 billion of financing to OIC member countries, making it the leading provider of trade solutions for these member countries' needs. With a mission to become a catalyst for trade development for OIC member countries and beyond, the Corporation helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity-building tools, which would enable them to successfully compete in the global market.
Times of Oman
an hour ago
- Business
- Times of Oman
Oman, Türkiye sign pact on cooperation in energy sector
Muscat: The Sultanate of Oman on Monday signed a memorandum of understanding (MoU) with the Republic of Türkiye on consolidating partnership, technical cooperation and investment in the energy sector. The memorandum of understanding was signed by Eng. Salim Nasser Al Aufi, Minister of Energy and Minerals, and Alparslan Bayraktar, Turkish Minister of Energy and Natural Resources. The memorandum of understanding covers areas of cooperation in the oil and gas sectors, trade in liquefied natural gas (LNG), renewable energy, energy efficiency, alternative fuels, green hydrogen and carbon capture technologies. The memorandum of understanding also includes the exchange of expertise and technology, cooperation in developing joint projects and holding technical events in a manner that contributes to the realisation of the shared goals of sustainable development and transition to clean energy. In addition, the memorandum of understanding provides for cooperation in exchanging information and expertise, developing regulatory policies that enhance energy efficiency and exploring opportunities in financing and innovative technologies for the production, storage and transportation of green hydrogen. The memorandum of understanding affirms Oman's commitment to enhance international partnerships in the energy sector and expand areas of cooperation with friendly countries with the prime aim of achieving common interests and supporting national efforts to meet carbon neutrality goals and enhance the Sultanate of Oman's position as a regional energy hub.
Zawya
an hour ago
- Business
- Zawya
Mozambique paves way for TotalEnergies to restart $20bln LNG project, report says
Mozambique has created the necessary conditions for the resumption of TotalEnergies' $20 billion liquefied natural gas project in the country, the country's energy minister was quoted as saying by Portuguese news agency Lusa on Monday. TotalEnergies, which halted construction in 2021 after an Islamic State-linked insurgency attack threatened its Afungi site in the north of Mozambique, has said it wants to resume development this summer. TotalEnergies' CEO Patrick Pouyanne met with Mozambique President Daniel Chapo on Thursday to discuss restarting activities after security interventions helped reduce, but not entirely eradicate, insurgent attacks around its base. "It was a meeting with the perspective of restarting activities," Estevao Pale, Minister of Mineral Resources and Energy said at an event in Inhambane province on Monday, referring to the president's meeting last week. "At the government level, all the conditions are being created to allow investors to restart activities as quickly as possible," Lusa quoted Pale as saying. TotalEnergies declined to comment.
Reuters
2 hours ago
- Business
- Reuters
Mozambique paves way for TotalEnergies to restart $20 bln LNG project, report says
MAPUTO, July 14 (Reuters) - Mozambique has created the necessary conditions for the resumption of TotalEnergies' $20 billion liquefied natural gas project in the country, the country's energy minister was quoted as saying by Portuguese news agency Lusa on Monday. TotalEnergies ( opens new tab, which halted construction in 2021 after an Islamic State-linked insurgency attack threatened its Afungi site in the north of Mozambique, has said it wants to resume development this summer. TotalEnergies' CEO Patrick Pouyanne met with Mozambique President Daniel Chapo on Thursday to discuss restarting activities after security interventions helped reduce, but not entirely eradicate, insurgent attacks around its base. "It was a meeting with the perspective of restarting activities," Estevao Pale, Minister of Mineral Resources and Energy said at an event in Inhambane province on Monday, referring to the president's meeting last week. "At the government level, all the conditions are being created to allow investors to restart activities as quickly as possible," Lusa quoted Pale as saying. TotalEnergies declined to comment.
