Business
Energy & Power
Fuel Prices Remain Same in April
The interim government is keeping the prices of all types of fuel the same as a month ago.
1 min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
Will The Proposed Renewable Energy Policy Be Sustainable?
In response to the urgent need for the swift development of renewable energy in Bangladesh, the government prepared a draft of the renewable energy policy in February and sent it to various stakeholders for their input.
3 min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
Titas Issues Safety Alert over Gas Stove Use after Eid Holidays
Following the Eid-ul-Fitr holidays, Transmission Distribution Titas Gas and PLC has issued a set of safety guidelines for using gas stoves at home.
1 min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
ExxonMobil to Lay Off 250 UK Workers
Exxon Mobil Corp. will shrink its UK headcount by about 250 positions as the Texas oil giant consolidates its operations in the country.
1 min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
Can COP30 Succeed Where COP29 Failed?
Last year's United Nations Climate Change Conference (COP29) in Baku ended with developed countries agreeing to mobilize $300 billion annually for climate finance in developing countries.
4 min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
Tapping US Energy Market Key to Easing Energy Supply Shortage: BIDA Chief
Executive Chairman of the Development Authority (BIDA) Chowdhury Ashik Mahmud Bin Harun recently said Bangladesh would be able to overcome the energy supply shortage if it can properly tap the American market in addition to Gulf nations which will also help Bangladesh address the trade imbalance with the United States.
1 min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
Impediments To Inflow Of FDI In Energy & Power Sector Of Bangladesh
In the current critical situation of Bangladesh's uncertain energy security, the sector desperately needs the free flow of foreign direct investment (FDI) across all segments of the energy and power supply chain.
6 min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
Summit Sparks Investor Interest
The 2025 Investment Summit in Dhaka drew over 400 investors from 42 countries, including major players from China, the US, and the UK. With BDT 3,100 crore in immediate pledges and promises of policy reform, the event signaled renewed global interest in Bangladesh's economy.
10+ min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
Top US Firms to Champion Growing Bangladesh-US Economic Partnership
Leading US investors in Bangladesh, represented by the U.S.-Bangladesh Business Council, met Chief Adviser Professor Muhammad Yunus on at the State Guest House Jamuna in Dhaka recently.
1 min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
Offshore Incident Results in Death of Drillship Crewmember
An offshore incident recently resulted in a rig crewmember passing away onboard the Noble Viking drillship.
1 min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
GAS PRICE HIKE: WRONG MESSAGE AT THE RIGHT TIME
The recent decision to increase the gas prices for new industrial units by 33% has been greeted with concern, grumblings, and disappointment. Bangladesh Energy and Regulatory Commission has downplayed objections from businesses and consumer rights groups, saying the raise has been much lower than the 150% asked by the gas distribution companies. Here is what has happened.
2 min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
RNPP Likely to Start Operation This Year: CA
Chief Adviser Dr. Muhammad Yunus said recently that the Rooppur Nuclear Power Plant (RNPP) is expected to begin generating power on a trial basis by the end of this year.
1 min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
Petronas Extends Offshore Malaysia, Vietnam Contracts
Petronas, through Malaysia Petroleum Management (MPM), extended offshore production contracts with Vietnam Oil and Gas Group (PetroVietnam) in the PM3 Petroleum Commercial Arrangement Area (CAA) straddling the maritime border of Malaysia and Vietnam.
1 min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
Investment Unlikely To Come Unless Politics Get Normal
Investment with war-like preparation is essential for the exploration, development, and infrastructure streamlining of the primary energy resources of Bangladesh.
7 min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
Late Tender Submission: Patuakhali RNPL Power Plant Rejects 2 Companies
The authorities of RPCLNorinco International Power Limited (RNPL) power plant in Patuakhali have decided to reject two companies from the evaluation process due to their late submission of coal supply tenders past the deadline.
1 min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
CNOOC Confirms Large Oil Discovery at Huizhou 19-6 Offshore China
CNOOC has discovered the largest integrated clastic oil field in the eastern South China Sea, with inplace reserves of more than 100 MMtons of oil equivalent.
1 min |
EP_22_21 (Energy & Power Vol 21 Issue 21 April 16, 2025)
Energy & Power
Aramco Launches Saudi Arabia's First CO2 Direct Air Capture Test Unit
Aramco, one of the world's Aw leading integrated energy and chemicals companies, has launched the Kingdom's first CO2 Direct Air Capture (DAC) test unit, capable of removing 12 tonnes of carbon dioxide per year from the atmosphere.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Cairn Oil & Gas Targets Block Offshore India
Cairn Oil & Gas, part of Vedanta Ltd., is Gas Part targeting MMboe about 20 estimated ultimate recovery (EUR) from block CB-OSDSFAMBE/2021 off the west coast of India.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
HC Orders Suspension of Tender for Third FSRU
The High Court recently directed the authorities not to proceed with the tender process for establishing a third LNG terminal (FSRU) at Maheshkhali in the Bay of Bengal until its further order.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Trump Invokes Wartime Powers to Increase Production of Critical Minerals
President Donald Trump signed an executive order recently aimed at immediately increasing American production of critical minerals like uranium, copper, potash and gold by invoking the Defense Production Act to expand leasing and development on federal lands.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Bangladesh's PV Tenders Fail to Attract Investors
Bangladesh's tenders for 41 solar power plants totaling 2.63 GW have failed to draw any bids, as investors are holding back from projects launched between December and January.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
PDB Says It Owes $141m Less Than What Adani Claims
The Bangladesh Power Development Board (PDB) has disputed Adani Power Jharkhand Limited's claim of outstanding electricity bills, arguing that the company's coal pricing method led to an overcharge of $141 million.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Rizwana Calls for Corporate Accountability, Environmental Justice
Environment, Forest, and Climate Change Adviser Syeda Rizwana recently Hasan stressed reimagination of corporate roles in environmental protection.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Rooppur Plant Payment Hurdle Sticks with It
Bangladesh has has once encountered difficulties in repaying interest and other charges on the Russian loan for the Rooppur Nuclear Power Plant project due to US sanctions on Russian entities.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Opt for RE to Make City Livable: Experts
Speakers at a recent dialogue in Dhaka said renewable energy instead of fossil fuels can ensure a livable city in developing countries like Bangladesh.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
'Dark Oxygen': A Deep-Sea Discovery That has Split Scientists
Could lumpy metallic rocks in the deepest, darkest reaches of the ocean be making oxygen in the absence of sunlight? Some scientists think so, but others have challenged the claim that so-called \"dark oxygen\" is being produced in the lightless abyss of the seabed.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Make Progress on Deforestation Pledge, Nations Urged Before COP30
Civil society groups and academics urged governments recently to take actual steps toward fulfilling a stalled pledge to end deforestation before this year's UN climate summit in the Brazilian Amazon.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Apple Launches $99m Clean Energy Fund in China
Apple announced the establishment of a clean energy fund in China worth 720 million yuan (US$99.3 million) during CEO Tim Cook's visit to Beijing on Mar. 24.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
Rizwana Invited to Join Climate Dialogue in Nepal
Nepalese Ambassador to Bangladesh Ghanshyam Bhandari called on adviser of the Ministry of Environment, Forest and Climate Change and the Ministry of Water Resources, Syeda Rizwana Hasan at her office on March 20.
1 min |
EP_22_20 (Energy & Power Vol 22 Issue 20 April 1, 2025)
Energy & Power
BREB Cancels PPA with Doreen Power
The Bangladesh Rural Electrification Board (BREB) has cancelled the power purchase agreement (PPA) for the 22 MW plant of Doreen Power Generations and Systems Ltd located in Narsingdi.
1 min |