In this issue

Petrobangla has taken all preparations for announcing the PSC bidding from September 2020 after getting the Model PSC 2019 approved. It has planned to announce bid submission deadline in February 2021 giving 6 months for preparation. But the COVID-19 starting in China grew as a global pandemic and has become a major impediment. The pandemic has stalled almost every activity. The general holidays announced in March 26 has now been extended to May 30, 2020. There are considerable doubts that the situation would become business as usual condition even after that. Suspension of all economic activities caused oil price in global market depleting to all time low. Consequently, all IOCs started slashing their new investment plans and it continues. Many countries have suspended their bidding round. It is not yet sure whether Bangladesh would follow the trend. But Petrobangla says nothing could be said definitely till offices open after the holidays. But officials said even if the situation gets normal in July, announcements for PSC bidding cannot be made in September 2020.

Energy & Power Magazine Description:

Energy & Power (EP) is the first and only full-fledged fortnightly magazine that deals with the much cried over energy and power sector in Bangladesh. Since its inception in June 16, 2003, EP is working very hard to 
a) Develop public consciousness on sustainable and even development of energy sector; 
b) Assist the policy makers in assuming pragmatic policies for a balanced development of the energy sector; 
c) Continuous supply of information among public; and 
d) Develop a group of reporters in this field 

Bangladesh is an energy deficit country like other countries in the region and most of the people do not have adequate access to the energy and power. The country is completely dependent on fossil energy source; at the same time, it is one of the most inefficient energy using countries in the world. 
It lacks efficiency in planning, management, generation, distribution, load management and even at the end user level consumption. 
In spite of the above drawbacks, issues relating to utilization of renewable energy, exploring alternative use of energy, planned use of environment friendly energy are significantly undermined in Bangladesh. 
The biggest challenge of Bangladesh is to find a path for balanced growth of its energy sector. Despite its resource constraints, EP dynamically strives to provide theenergy sector with a flow of information and create public awareness; so that policymakers get guidelines and platforms for its sustainable development.

Code of Ethics 
EP believes that public enlightenment is the forerunner of justice and the foundation of democracy. The duty of a journalist is to further those ends by seeking truth and providing a fair and comprehensive account of events and issues and professional integrity is the cornerstone of a journalist's credibility. We strive to serve the public with thoroughness and honesty.

The EP editorial policy is to share a dedication to ethical behavior and uphold the zero conflict of interest principles and highest standards of practice. 

EP believes in 
o Seeking truth and reporting the same 
o Minimize harm