Business
Energy & Power
New ADB President Masato Kanda Assumes Office
Masato Kanda recently officially assumed office as the 11th President of the Asian Development Bank (ADB).
1 min |
EP_22_18 (Energy & Power Vol 22 Issue 17 March 1, 2025)
Energy & Power
Rizwana for Strict Enforcement of Laws in Ship Breaking Industry
Environment, Forest, and Climate Change Adviser Syeda Rizwana Hasan recently called for the strict enforcement of environmental laws and ensuring accountability in Bangladesh’s ship-breaking industry.
1 min |
EP_22_18 (Energy & Power Vol 22 Issue 17 March 1, 2025)
Energy & Power
Khaleda Zia, 7 Others Acquitted in Niko Graft Case
Acourt recently acquitted BNP Chairperson and former Prime Minister Begum Khaleda Zia and seven others in the Niko graft case, as the state failed to prove all the charges against them.
1 min |
EP_22_18 (Energy & Power Vol 22 Issue 17 March 1, 2025)
Energy & Power
ADNOC Gas, Indian Oil Sign 14Year LNG Deal Worth up to $9B
In a release sent to Rigzone by the ADNOC Gas team recently, ADNOC Gas announced a 14-year sales and purchase agreement (SPA) with Indian Oil Corporation Ltd for the export of up to 1.2 million tons per annum (mtpa) of liquefied natural gas (LNG) “to India’s largest integrated and diversified energy company.
1 min |
EP_22_18 (Energy & Power Vol 22 Issue 17 March 1, 2025)
Energy & Power
Doubling Gas Price will lead to Closure of Factories: BTMA President
Aproposed doubling of gas prices could trigger a wave of factory closures in Bangladesh's textile sector, Bangladesh Textile Mills Association (BTMA) President Showkat Aziz Russell has said.
1 min |
EP_22_18 (Energy & Power Vol 22 Issue 17 March 1, 2025)
Energy & Power
Hearing On Gas Price Hike Proposal Faces Strong Protest
As directed by the Energy and Mineral Resources Division (EMRD), Petrobangla sent a proposal to the Bangladesh Energy Regulatory Commission (BERC) on 27 December 2024 for refixing the gas tariff for industries and captive power plants – existing and future. The proposal requested a review and determination of the gas tariffs.
7 min |
EP_22_18 (Energy & Power Vol 22 Issue 17 March 1, 2025)
Energy & Power
Bangladesh to Receive 40MW Electricity from Nepal for 5 Months
Bangladesh is set to receive 40 megawatts of electricity from Nepal via India for five months, starting from June to November 2025, under a tripartite agreement signed between Bangladesh, Nepal, and India on October 3 last year.
1 min |
EP_22_18 (Energy & Power Vol 22 Issue 17 March 1, 2025)
Energy & Power
Chevron Bangladesh Donates Frozen Section Machine to National Institute of Burn and Plastic Surgery
Chevron Bangladesh has donated a Frozen Section Machine to the National Institute of Burn and Plastic Surgery (NIBPS), Dhaka.
1 min |
EP_22_18 (Energy & Power Vol 22 Issue 17 March 1, 2025)
Energy & Power
Achieving Just Energy Transition In Bangladesh
Bangladesh is at the junction of the most pressing global issue of climate change.
5 min |
EP_22_18 (Energy & Power Vol 22 Issue 17 March 1, 2025)
Energy & Power
Govt Approves Proposal for Signing MSPA for Procuring LNG
The government recently approved a proposal in principle for signing Master Sale and Purchase Agreement (MSPA) between Petrobangla and the short-listed firms to procure LNG from the spot market.
1 min |
EP_22_18 (Energy & Power Vol 22 Issue 17 March 1, 2025)
Energy & Power
Japan's JERA Sees Rising Competition for US LNG
Japan's top power generator JERA expects competition for US liquefied natural gas (LNG) to increase as demand from Asia and Europe rises, its Asia CEO said recently.
1 min |
EP_22_18 (Energy & Power Vol 22 Issue 17 March 1, 2025)
Energy & Power
Touhid Seeks Guaranteed Energy Supply from Oman
Foreign Adviser Md Touhid Hossain has urged Oman to ensure guaranteed energy supply to Bangladesh while seeking deeper cooperation in the energy sector with the middle eastern nation.
1 min |
EP_22_18 (Energy & Power Vol 22 Issue 17 March 1, 2025)
Energy & Power
TGS Adds to 4D Survey Backlog Offshore Norway
The Ramform Titan, Ramform Atlas, Ramform Tethys and Ramform Hyperion vessels are 70 m wide at the stern and equipped with 24 reels, each capable of holding more than 10 km of streamlined seismic recording equipment with in-built GeoStreamer technology, and positioning units.
1 min |
EP_22_18 (Energy & Power Vol 22 Issue 17 March 1, 2025)
Energy & Power
Power Cuts to be Enforced If ACs Set Below 25C: Adviser
Energy and Minerals Adviser Muhammad Fouzul Kabir Khan has said authorities will cut power supplies if residences, mosques and offices set air conditioners' (AC) temperature below 25-degree Celsius during the upcoming Ramadan month and summer season.
1 min |
EP_22_18 (Energy & Power Vol 22 Issue 17 March 1, 2025)
Energy & Power
Court Freezes Bank Accounts of Nasrul, His Wife
Acourt recently passed an order to freeze 20 bank accounts of former State Minister for Power, Energy and Mineral Resources Nasrul Hamid and his wife Seema Hamid.
1 min |
EP_22_18 (Energy & Power Vol 22 Issue 17 March 1, 2025)
Energy & Power
China's New Energy Storage Capacity Surges
In 2024 alone, China added 42.37 Gw/101.13 GWh of new GW/101.13 GWh of new storage capacity (excluding pumped hydro), with an average discharge duration of 2.3 hours-up from 2.1 hours in 2023.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Renewable Ambitions Still Mired in Uncertainty
AIthough the Awami League government made ambitious commitments to renewable energy before being ousted by a mass uprising in August last year, meeting those lofty goals remains a distant dream for the country.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Bangladesh Launches 500 MW Solar Tender
The Bangladeshi authorities are seeking proposals to build 10 PV plants with each a capacity of 50 MW across several regions.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
US Withdrawal from Paris Climate Agreement Again
President Donald Trump signed an executive order recently directing the United States to the withdraw from landmark Paris climate agreement, dealing a blow to worldwide efforts to combat global warming and once again distancing the U.S. from its closest allies.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Top Canada Banks Quit Global Climate Coalition
Four of Canada's biggest lenders said recently they were withdrawing from a global banking sector climate coalition, joining six major US banks.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Ensure Quality Gas Supply At Current Price To Save Industry
Businesses accepted the gas price hikes during the former government's regime due to the assurance of quality gas supply on an uninterruptible basis.
7 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Denmark, AUW to Promote Women's Climate Leadership
Danish Ambassador to Bangladesh Christian Brix Moller has said Asian University for Women (AUW), as a university women's promoting leadership and offering higher education to the most vulnerable women from diverse backgrounds, uniquely positioned to implement the promises of climate leadership project.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
ALL EYES ARE ON STUDENTS' BID TO LAUNCH A POLITICAL PARTY
Launching a student-led political party in Bangladesh is a matter of months if not weeks.
2 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Vianode Signs Supply Agreement for EV Battery-Grade Anode Graphite with GM
Vianode, an advanced battery materials company, has been selected as a strategic supplier of high-performance anode graphite solutions to General Motors (NYSE:GM).
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Govt to Revisit IPP Tariffs Amid Pricing Concerns
\"The interim government is set to independent form a committee to review the tariffs of power producers (IPPs), Power, Energy, and Mineral Resources Adviser Muhammad Fouzul Kabir Khan said recently.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Japan Unveils Draft for Updated Energy Plan
Japan has released the draft for its updated strategic energy plan, with nuclear still remaining to play a big part in the country's power generation.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Billionaire Bloomberg to Fund UN Climate Body after US Withdrawal
Billionaire Michael Bloomberg announced recently that his foundation will step in to fund the UN climate change body after President Donald Trump declared the United States would withdraw from the Paris Agreement for the second time.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Vietnam, Russia Sign Nuclear Energy Development Pact
Russia and Vietnam recently signed a memorandum understanding developing of on nuclear energy cooperation during a two-day visit by the Russian prime minister to the Southeast Asian nation.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Policy Inconsistency Drives Foreign Firms Away from Bangladesh's Solar Projects
\"The new solar power projects floated by the interim government are riskier for investors as the tender conditions allow for payment delays or defaults alongside power purchase contract cancellation without enough compensation, experts and investors said recently.
1 min |
EP_22_16 (Energy & Power Vol 21 Issue 16 Feb 1, 2025)
Energy & Power
Wood Mackenzie Predicts Solar Growth to Stagnate in 2025
Wood Mackenzie's latest report forecasts that 493 GW (DC) of solar will be added throughout the world this year, compared to 495 GW in 2024.
1 min |