Business
Energy & Power
World Bank Looking into Support for Nuclear Energy
As head of the organization’s recent Spring meetings, World Bank President Ajay Banga said that he would be seeking executive board approval at their June meeting for a change to an \"all-of-the-above\" policy on different types of energy, \"including nuclear where it makes sense\".
1 min |
EP_21_23 (Energy & Power Vol 22 Issue 23 May 16, 2025)
Energy & Power
Global Transformers Market to Reach $89.34b in 2030: GlobalData
The Transformers global is on a strong growth trajectory, projected to reach $89.34 billion in 2030, driven by rising electricity demand, renewable integration, and modernization.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Australian State Backs 20 GWh Pumped Hydro Project
The Queensland government has announced it will invest AUD 50 million via state-owned energy generator and retailer CleanCo into the project the proposed Mt Rawdon pumped hydro to help progress development toward a final investment decision.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Govt to Clear QatarEnergy Dues Soon
The government is set to clear all outstanding payments worth US$ 72.40 million for Liquefied Natural Gas (LNG) purchases QatarEnergy soon.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
UN Conference Calls for Halving Health Impacts of Air Pollution by 2040
The health community's call action urges governments to enforce robust measures to stop polluting the air, cut emissions at their source, and achieve the full implementation of the WHO global air quality guidelines.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
CUFL Suspends Production for Gas Crisis
Chattogram Cha Urea Fertilizer Company Limited suspended production (CUFL) its recently due to a gas crisis.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Up to 65% of ADB's Energy Investments in Bangladesh Lack Safeguard Classification: NGO Forum
A coalition of private watchdog groups has revealed that approximately 65% of the Asian Development Bank's (ADB) energy investments Bangladesh-totaling in $11.36 billion-lack any safeguard classification, raising serious concerns over transparency and accountability.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Furnace Oil: BPC Burdened with Stock Overload
Based on private electricity producers' request, the Bangladesh Power Development Board (PDB) asked Bangladesh Petroleum Corporation (BPC) to nearly triple its import of furnace oil to around 500,000 tonnes a month to facilitate meeting the rising summer demand for electricity.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Aramco Lengthens Lamprell Offshore Arrangement
Lamprell has extended its offshore long-term agreement (LTA) with Saudi Aramco, which was first awarded in 2018.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Adaptation Fund Board Approves $10m Project to Enhance Climate Resilience in CHT
The Adaptation Fund Board has approved the Green, Resilient, and Adaptive CHT Economy (GRACE) project, a significant step forward in climate adaptation in Bangladesh.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
JERA Meghnaghat Power Limited appoints new Chief Executive Officer
30 April 2025 – JERA Meghnaghat Power Limited (JMPL) is pleased to announce the appointment of Mr. Yasunori Katsumata as the new Chief Executive Officer (CEO) from 1 May 2025.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Renewables Sector Needs Long-Term Financing Roadmap
Bangladesh urgently needs a long term financing roadmap to promote renewable-energy projects and reach the country's target of net-zero carbon emission by 2050, experts suggested recently.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
BAEC Employees Warn of Strike
Scientists, officers, and employees of the Bangladesh Atomic Energy Commission (BAEC) recently warned of going on strike, including work and service abstention, if the Ministry of Science and Technology did not address their problems, including stalled salary payments.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Rooppur Payment: Govt to Seek US Sanction Waiver
Bangladesh will seek permission Bfrom the US treasury to repay Russia for the Rooppur nuclear power plant project, whose dues have piled up in the Bangladesh Bank's escrow account after sanctions were levied on Russia following its invasion of Ukraine.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Titas Gas to Begin Smart Prepaid Meter Installations from 2026
Gas Transmission and Distribution PLC will begin installing smart prepaid gas meters in 2026, having already appointed one project management consultant (PMC) while the selection of a second is in progress.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Govt to Distribute Jute Bags at Subsidized Rates: Rizwana
Environment Adviser Syeda Rizwana Hasan recently said jute bags would be provided to the public as an alternative to polythene shopping bags under a government initiative that includes subsidized distribution.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
South Korea's LG Energy Solution Exits from $8.4b Indonesia Project
South Korea's LG Energy Solution said recently it had withdrawn from a multibillion-dollar project to build electric batteries in Indonesia, citing a range of issues, including the \"investment environment\".
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Aramco, BYD Collaborate on New Energy Vehicle Tech
Α ramco, one one of the world's integrated chemicals energy leading and companies, and BYD, a leading manufacturer of new energy vehicles and power batteries, have agreed to explore closer collaboration in new energy vehicle technologies.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
India's NG Consumption to Rise 60% by 2030: PNGRB
India's natural gas consumption is likely to rise by close to 60 per cent by 2030 on the back of rise in usage of the fuel as CNG in automobiles and for cooking and industrial purposes, according to a study by oil regulator PNGRB.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
BIDA Urges BERC to Revise Recently Announced Gas Price Hike
Investment Development Authority (BIDA) has urged the Bangladesh Energy Regulatory Commission (BERC) to revise the recently announced gas price hike, saying that otherwise, it would affect the economic momentum.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Green Energy Olympiad Launched Spotlighting Youth, Climate Leadership
The final round of the country's first largescale two-day event, 'Green Energy Olympiad 2025, was held at the Bangladesh Military Museum in the city on 19-20 April 2025.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Chevron Receives Dues from Petrobangla
Chevro Bangladesh has recently received its outstanding payments from the state-owned Petrobangla.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Dream71 to Build RE Web Platform for Lesotho
Dream71 Bangladesh Limited has been entrusted with building a digital platform to promote renewable energy in the African nation of Lesotho.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Three of a Family Burnt Due to Gas Explosion
Three members of a family were burnt in an explosion caused by a gas line leak at a house in Gazipur recently.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Energy Adviser Expects Power Situation to Remain Tolerable in Summer
Energy affairs adviser Muhammad Fouzul Kabir Khan has expected that the countrywide electricity supply situation to remain tolerable level during throughout summer with import of extra volume of Liquefied Natural Gas (LNG) and coal for power production.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Stable Energy Tariff Key to Investor Confidence: EuroCham
Chairperson of the European Union Chamber of Commerce in Bangladesh (EuroCham) Nuria Lopez has said maintaining a \"predictable and balanced\" energy tariff regime is essential for ensuring investor confidence and supporting industrial expansion.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Power Prices Not Going Up Anytime Soon
The subsidy allocation for the power sector is not going down anytime soon as the interim government does not have a plan to increase electricity prices on inflationary fears.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
bp Announces New Oil Discovery Off US Gulf Coast
British energy giant BP, which recently shelved carbon-reduction targets to focus on more profitable fossil fuel output, said recently it had made a new oil discovery off the US Gulf coast.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Europe's Hydrogen Initiatives and RE Auctions to Accelerate Transition: GlobalData
Three years into the Russia-Ukraine conflict, Europe has significantly diminished its reliance on Russia.
1 min |
EP_22_22 (Energy & Power Vol 22 Issue 22 May 1, 2025)
Energy & Power
Google's Global Goal to Run on 24/7 Carbon-Free Energy by 2030
Google has signed its first offshore I wind power purchase agreement (PPA) in Asia Pacific, committing to buy clean energy from the 495 MW Fengmiao I offshore wind project in Taiwan.
1 min |