Business
Energy & Power
Fiscal Incentives For Renewable Energy To Benefit Govt
We often discuss renewable energy, but policy-making and government support remain stagnant.
4 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Industrial Projects within 10km of Sundarbans Banned
The government has imposed a ban on the construction of new industrial establishments or projects within a 10 km radius of the Sundarbans, the world’s largest mangrove forest in the Southwestern part of Bangladesh.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Govt Seeks to Import One More LNG Cargo in July
The government is expecting to import one more cargo of spot liquefied natural gas (LNG) in early July to meet the country's natural gas demand during the upcoming monsoon.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Industries Yet To Get Additional Supply Of Gas As Promised
Even if emergency measures similar to those taken during wartime are required, the government must ensure an uninterrupted gas supply to the industrial sector.
5 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Gas Supply Chain Suffers From LNG Withdrawal
Irrespective of whatever contingency actions for smart transition are taken to increase the contribution of clean energy, Bangladesh will remain heavily dependent on fossil fuels - gas, LNG, and coal - at least until 2040.
3 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Bangladesh Launches Initiative to Mobilize Finance for Nature
Bangladesh has officially launched the \"Umbrella Program to Support Development of Biodiversity Finance Plans\", marking a significant step toward sustainable financing for biodiversity conservation.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Scrap Rampal Plant, Ensure Transparency in Power Deals: Anu Muhammad
Noted economist Prof Anu Muhammad on 24 May described the Rampal power plant as a \"symbol of Indian dominance\" and called on the government to scrap the project, even at the cost of short-term financial losses.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Key Rules Agreed for Credible Climate Project Crediting under UN Carbon Market
AUN Body responsible for setting up a carbon market under the Paris Agreement adopted important new standards to guide how emission-reducing projects measure their impact.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Jet Fuel Price Reduced
The price of aircraft fuel (jet fuel) has I fuel been reduced.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Bangladesh Set for Regular Payments to LNG, Oil Suppliers: Adviser
Bangladesh is now optimistic enough about paying the suppliers of liquefied natural gas (LNG) and petroleum products and international oil companies (IOCs) on a regular basis in the future.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
RE Pitch will Not Yield Fruit Until Institutional Change
Dr Khondaker Golam Moazzem, research director at the Centre for Policy Dialogue, has said that Bangladesh's renewable energy pitch will not yield fruits until there is an institutional change.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
'Factories Are Being Killed'
Bangladesh's textile industry, the backbone of the country's $45 billion garment export sector, is reeling from an acute energy crisis.
3 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Tariff-Related Disruptions to Outweigh other Oil and Gas Themes: GlobalData
US tariffs and energy security are expected to remain the focal points for oil and gas trade in 2025.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Saudi Aramco Net Profits Drop 4.6% in Q1
Οil giant Saudi Aramco recently reported a drop of 4.6% in its first-quarter net profits as lower sales and higher operating costs hit the lynchpin of the kingdom's ambitious economic reform plans.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
3 New RMG Factories Get LEED Certification
Three new RMG factories in the country got LEED certification, which is testament to the country's unwavering commitment to environmental sustainability in the ready-made garment (RMG) sector.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Yunus Calls for Economic Integration, Hydro Power Collaboration with Nepal
Chief Adviser Professor Muhammad Yunus has called for an integrated economic strategy among Bangladesh, Nepal, Bhutan, and the Seven North Eastern States of India, emphasizing the potential of cross-border collaboration in hydropower, healthcare, and road connectivity.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
United Power Resumes Operation of DEPZ Plant
United Power Generation & Distribution Company Ltd (UPGDCL) has resumed operations at its 82-megawatt power plant in Dhaka Export Processing Zone after the restoration of gas supply.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Brazil Seeks Early Deals On JTWP And GST At Bonn Climate Talks
The Brazilian diplomats presiding over the COP30 climate summit in November have said they want an “early harvest” at June’s mid-year climate negotiations in Bonn, aiming to secure agreements on two key issues that were left unresolved at COP29 last year.
6 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
UNDP in Asia and the Pacific Launches "Una❞
The United Nations Development Program (UNDP) in Asia the Pacific announced the launch of and Una, the world's first AI character, as its Environment Champion.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Govt's 5,238MW Grid-Tied Solar Push Faces Tepid Response from Investors
The government's ambitious push to install 5,238 megawatts of grid-tied solar power at 55 sites across Bangladesh has hit a stumbling block.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
A Legally Sound Oil and Gas Phase-out
At the 28th United Nations Climate Change Conference (COP 28), governments agreed to transition away from fossil fuels in a just, orderly, and equitable manner.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Gas Distributor Gets Lavish on Borrowed Money, Receives PC Rebuff
A gas-pipeline project is spurned by government planners for a lavish estimation of expenditures, including a fat consultancy cost, to be funded with local and foreign loans, insiders said.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Mother, Son Electrocuted while Saving Cattle in Lalmonirhat
A woman and her son died from electrocution while saving a cow in Kaliganj Upazila of Lalmonirhat recently. The cow also died on the spot.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Rosatom Builds Most Powerful Nuclear Reactor for Icebreakers
Manufacturing of the first RITM-400 reactor, the most powerful in the world, has been completed by Rosatom.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
LNG Squeeze Leaves Ctg 80 MMCFD Short, Hitting Industries Hard
Chattogram is grappling with a gas shortage of around 80 million cubic feet per day (MMCFD), disrupting both industrial output and household consumption – a situation energy sector officials link to inadequate liquified natural gas (LNG) imports.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
IFAD Approves $70m for New ClimateResilient Agri Project in Bangladesh
The International Fund for Agricultural Development (IFAD) has approved a new US$70 million project to support rural communities in flood-prone and drought-prone regions adapt to environmental shocks and improve their livelihoods.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
5 of a Family Burnt in Aftabnagar Fire Caused by 'Gas Leak'
Five members of a family, including three children, suffered burns in a fire reportedly caused by a leak in a gas pipeline at a house in the capital's Aftabnagar area.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
China Installs Record 36 GW of Rooftop Solar in Q1
China added a record 60 GW of new solar capacity in the first quarter of 2025, with rooftop installations accounting for 36 GW – the highest quarterly total for distributed PV in the country’s history, according to Rystad Energy.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Increase of Climate Refugees Complicates Urban Management: KCC Administrator
Khulna Ka Corporation (KCC) City Administrator and Divisional Commissioner Md Firoz Sarkar recently said Khulna is one of the most affected cities by the impacts of climate change.
1 min |
EP_22_24 (Energy & Power Vol 22 Issue 24 June 1, 2024)
Energy & Power
Four TGS Acquisition Vessels Active in Northern Europe This Season
TGS is deploying three seismic acquisition vessels and one offshore wind vessel this year offshore northern Europe, doubling its capacity in the region compared with 2024.
1 min |