Business
Energy & Power
Petrobangla Forms Committee to Probe IOCs' Lack of Interest in Exploring Offshore Blocks in Bay
Petrobangla has formed a high-powered committee to pinpoint the actual reasons behind the international oil companies (IOCs) snubbing the much anticipated offshore bidding round for which it floated a tender last March, initially with a 6-month deadline, that eventually got extended to 9 months.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Record Year for Coal Use in 2024, World's Hottest Year
World coal use is set to reach an all-time high in 2024, the International Energy Agency said recently, in a year all but certain to be the hottest in recorded history.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Chevron-funded Uddokta Project Celebrates Successful Conclusion in Dhaka
On behalf of the Chevron-funded Uddokta Project, iDE Bangladesh hosted the closing ceremony of the Uddokta Project at a hotel in Dhaka.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Final Preparation Begins at Unit-1 of RNPP for Physical Start-Up
The construction and installation work at unit 1 of Rooppur Nuclear Power Plant has been completed. The NPP personnel have started a large-scale test program for physical startups.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
China Reaffirms Continued Support for Bangladesh's Development
Chinese Ambassador to Bangladesh Yao Wen recently said China is committed to continuing its utmost support for Bangladesh’s development and deepening cooperation in infrastructure projects including railways.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Politicians, Bureaucrats, Businesses Colluded in Energy Sector Corruption: Prof M Tamim
Corruption in the energy and power sectors was a result of collusion among politicians, bureaucrats, and business entities, energy expert Professor M Tamim said on 14 December.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Russia Says Oil Spill may have Polluted 200,000 Tonnes of Soil
An oil slick from two damaged tankers off the coast of southern Russia this month may have polluted up to 200,000 tonnes of soil, Russia's minister of natural resources said recently.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Gas Supply Falls to Near Zero at Places
The supply of piped gas to households has reduced to almost zero in many areas of the capital Dhaka and adjacent localities while many industries in the areas have also made similar complaints.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Dhaka-Ctg Fuel Oil Pipeline Set for Commissioning in January
The first ever DhakaChattogram fuel oil transportation pipeline is set to be commissioned towards the end of January 2025 aimed at beginning commercial operation from April, saving an amount of Tk 236 crore in transport cost annually.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Govt Revising Energy Master Plan
The government is revising the Integrated Energy and Power Master Plan (IEPMP) and reevaluating the renewable energy policy, Muhammad Fouzul Kabir Khan, adviser to the ministry of power, energy and Mineral Resources, said recently.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Climate Trust's MD Rafiqul Islam Passes Away
Managing Director of the Bangladesh Climate Change Trust (BCCT) Md Rafiqul Islam passed away on Dec 25.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
$158.89m AIIB Loan Availed for Power Infrastructure Project
The interim government has signed an agreement with Asian Infrastructure Investment Bank (AIIB) to avail a $158.89 million loan to implement a power transmission infrastructure project through Power Grid Bangladesh PLC.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Stolen Iron Equipment of Rampal Power Plant Recovered in Bagerhat
Joint forces have recovered over 16 tonnes of stolen iron equipment of Rampal coal-based thermal power plant from Fakirhat upazila in Bagerhat.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Jalalabad Gas, LafargeHolcim Extend GSA
Jalalabad Gas Transmission and Distribution System (JGTDS) and LafargeHolcim Bangladesh (LHB) have agreed, in principle, to extend gas sale agreement (GSA), effective from January 17, 2026.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Titas Snaps 400 Illegal Gas Connections
Titas Transmission Gas and Distribution Limited has disconnected 400 illegal gas connections including one commercial establishment and removed a 1.5 kilometer illegal pipeline in Savar area on the outskirts of the capital.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
NBR Scraps Tax Waiver for S Alam Power Plant
The National Board of Revenue (NBR) has cancelled tax exemption facility for a power company owned by S Alam Group and also for foreign ocean-going ships.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Energypac Posts Tk 35 crore Q1 Loss
Energypac Power Generation PLC has plunged into losses in the July September quarter due to a rise in finance charges, although the company has registered strong revenue growth.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
No More Electricity Price Hike Despite IMF Directions: Energy Adviser
The government will not increase the price of electricity despite instructions from the International Monetary Fund (IMF), said Power, Energy and Mineral Resources Adviser Fauzul Kabir Khan.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Qatar Energy Wins Gail LNG Supply Deal for 5 Years
QatarEnergy has won a bid to supply 12 cargoes a year to Indian state run gas distributor Gail under a five year LNG supply contract beginning in 2025, according to market sources.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
China's CNOOC Sold US Assets to Britain's INEOS
CNOOC Ltd, a Chinese company, has sold its U.S. subsidiaries, along with its upstream oil assets and gas assets, in the Gulf of Mexico to British chemicals group INEOS.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Two Russian Oil Tankers Wrecked in Black Sea Due to Storm
Two Russian oil tankers with 29 crew members on board have been heavily damaged in the Black Sea, triggering an oil spill, authorities in Russia have said.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Chevron Australia, Woodside Agree to Western Australia Asset Swap
Chevron Australia Pty Ltd., an indirect subsidiary of Chevron Corp., and Woodside Energy have agreed to a swap of assets they individually operate in Western Australia.
1 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
FROM A YEAR OF TURMOIL TO A YEAR OF HOPE
We are going through extraordinary times.
2 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
BPDB Will Turn Around Subject To Getting Freedom
If given the freedom to work independently as an autonomous organization under well-defined rules and procedures, the power companies will develop into self-sustained, financially affluent organizations within a few years.
6 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
From Footprints To Solutions: Tackling Carbon's Mark
In an era of accelerating climate change, the concept of a carbon footprint has become a critical measure of our environmental impact.
2 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
RE, Cost-Cutting Strategies Key To Sustainable Power Sector
Experts have urged the authorities concerned to take measures to increase renewable energy capacity and adopt cost-reduction strategies for streamlining the country’s distressed power sector.
3 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
JERA Nears Completion Of 718MW Power Plant Project At Meghnaghat
Japan's JERA has invested US$1.0 billion in its 718 MW power plant at Meghnaghat, Narayanganj, Bangladesh.
2 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
Contingency Planning To Confront Deep Energy Crisis
The prevailing energy crisis likely will deepen further in 2025 and 2026.
5 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
2025 Looks Like A Hard Time
Bangladesh faces a critical power and energy crisis as 2025 begins, with over $5.0 billion in payment liabilities inherited by the interim government from the previous administration. Though initiatives have reduced the debt to $4.0 billion, the deficit remains significant. Energy suppliers have shown declining interest in LNG and cross-border electricity exports, while IPPs warn of supply constraints without cleared dues. These challenges signal tough times this year for the energy sector and the broader economy.
8 min |
EP_22_14 (Energy & Power Vol 22 Issue 14 January 1, 2025)
Energy & Power
CLIMATE SUMMIT IN BAKU BRINGS LITTLE CHEER FOR BANGLADESH
Bangladesh, a delta nation of 170 million people, is vulnerable to climate change and related disasters. Frequent floods, cyclones, and occasional droughts claiming lives and livelihoods every year speak of the depth of the climate vulnerability.
3 min |