Business
Energy & Power
BIMSTEC Energy Centre in Bengaluru to Promote Energy Security in Region
The Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation (BIMSTEC) has said BIMSTEC Energy Centre (BEC) in Bengaluru will promote energy security through grid interconnections, renewable energy development and realization of energy efficiency.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
Fuel Pricing Reform may Help Lower Inflation, Power Gen Cost: CPD Study
A reform in the pricing formula could reduce diesel and petrol prices by Tk10.50 and Tk11.32 per liter, leading to lower inflation and power generation costs, according to a CPD study.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
Tender for Gas Pipeline from Bhola to Dhaka to be Issued in Dec: Energy Adviser
The government has planned to issue a tender in December to bring the recently discovered gas resource in Bhola to Dhaka, Power, Energy, and Mineral Resources Adviser Muhammad Fouzul Kabir Khan said on 23 November.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
OPEC Secretary General Tells COP29 'Oil is a Gift from God'
OPEC Secretary General Haitham Al Ghais told the recent COP29 climate summit in Baku that crude oil and natural gas were a gift from God, and that global warming talks should focus on cutting emissions not picking energy sources.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
No New Unabated Coal-Power Plants
Twenty-five countries at the COP29 climate summit recently pledged not to build any new unabated coal-power plants, in a push to accelerate the phase-out of the highly polluting fossil fuel.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
Govt to Import LNG from Brunei
Bangladesh will import LNG (liquefied natural gas) from Brunei on a long term basis under a Gto-G contract.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
Yunus Calls for Creating South Asian Power Grid
Sharing an idea of greater electricity connectivity in the region, chief adviser Professor Muhammad Yunus recently called for creating a South Asian grid to share the hydroelectricity generated by Nepal and Bhutan.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
Bangladesh Gender Action Plan 2024 & Climate Change Adaptation
The first Climate Change and Gender Action Plan (CCGAP) in 2013 set out a strategic framework to integrate gender considerations into the country's climate actions providing guidelines for some key sectors, including agriculture, water resources, energy, health, and livelihoods.
8 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
ESCAP Expert Opinion - Gender Equality Enables Just Energy Transition
Gender equality lies at the heart of a just energy transition. Yet, women continue to be largely marginalized despite their critical roles as consumers, workers, and leaders – within the efforts and institutions driving the shift toward clean energy.
3 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
Energy Sector Reform In 100 Days Of Interim Govt
The interim government formed after the political changeover triggered by the antidiscrimination movement has passed 100 days in office.
6 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
Reneging on Rhetoric
A global climate deal reached on 24 November in Baku left poorer nations deeply frustrated. Wealthy countries pledged $300 billion annually, far below the $1.3 trillion expected by developing nations to address climate crises. Heated negotiations, walkouts by vulnerable nations like LDCs and AOSIS, and accusations of bad faith marred the talks. Although rules for carbon credit markets were finalized, the financial commitment was condemned as inadequate, with many calling it a \"shameful\" failure to meet urgent climate needs.
8 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
Khulna Power's Q1 Profit Declines 72%
Khulna Power Company Ltd (KPCL) reported a substantial profit decline in the first quarter of the current financial year, primarily due to power plant shutdowns linked to unresolved agreements with the Bangladesh Power Development Board (BPDB).
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
Titas Gas Clients Can Pay Bill Online Thru upay
Upay, a leading digital financial services provider in Bangladesh, has partnered with Titas Gas Transmission and Distribution PLC to facilitate online gas bill payments for customers nationwide.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
United Power Posts 127% Profit Growth in Q1
United Power Generation & Distribution Company Ltd (UPGDCL) posted a massive rise in profit in the first quarter, driven by higher tariffs and stable forex rates.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
Excelerate Delivers Two LNG Cargoes in Nov
Excelerate Energy has delivered two cargoes of liquefied natural gas (LNG) to Petrobangla through the company's two floating storage and regasification units (FSRUs) located offshore Moheshkhali Island in November.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
7 Injured in Mirpur 'Gas Explosion'
Seven people from two families suffered burns in a fire believed to have originated from a gas explosion at a tin-shed house in Mirpur recently.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
Quick Rental Power Deals to be Probed: Adviser
Despite a court verdict on quick rental agreements in the power sector, exiting these deals will be challenging, said Energy Adviser Muhammad Fauzul Kabir Khan recently.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
BERC Gets 4 New Members
The government has appointed four new members to the Bangladesh Energy Regulatory Commission (BERC) for a three-year term.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
Adani's Australian Coal Unit Faces Human Rights Complaint
India's Adani Group, whose billionaire chairman has been indicted for fraud by US prosecutors, is facing accusations of racism at its Australian coal unit after an Aboriginal group filed a complaint with the country's Human Rights Commission.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
Oil India to Begin Exploration with Newly Arrived Rig
Oil India Ltd. has started long-term exploration offshore India with the arrival of the Blackford Dolphin deepwater semisubmersible rig.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
MOL Group to Explore in Kazakhstan
MOL Group signed a cooperation agreement with Kazakhstani national oil company KazMunayGas (KMG) to jointly explore oil, gas, and petrochemical opportunities.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
Kenya Cancels Airport, Energy Deals with Adani Group
Kenya’s president said recently he has cancelled multimillion-dollar airport expansion and energy deals with Indian tycoon Gautam Adani after U.S. bribery and fraud indictments against one of Asia's richest men.
1 min |
EP_22_12 (Energy & Power Vol 22 Issue 12 December 1, 2024)
Energy & Power
Nations Gather for Crunch Climate Talks in Shadow of US Vote
World leaders kick off UN climate talks next week, days after a knife-edge US election that could send shockwaves through global efforts to limit dangerous warming.
1 min |
EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power
Climate Conference Must Address Challenges of Developing Countries Like Bangladesh: SPIL
The U.N. Climate Change Conference next week needs to urgently address major gaps in funding and technology and adopt fresh approaches to meet the challenges of developing countries with vulnerable communities such as Bangladesh, Summit Power International Limited (\"SPIL\"), the country's largest private sector power generation company, said recently.
1 min |
EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power
Climate Change Posing Serious Threats to Livelihoods: Farida Akhter
Fisheries and Livestock Adviser Farida Akhter recently said climate change is already impacting the country’s fisheries and aquaculture sectors, posing serious threat to livelihoods.
1 min |
EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power
The Other GHGs Warming The Planet
While carbon dioxide, or CO2, is the best known greenhouse gas, several others, including methane and nitrous oxide, are also driving global warming and altering the Earth's climate.
1 min |
EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power
Climate Change Could Cut GDP in Asia, Pacific by 17pc by 2070
Anew research has found that the impacts of climate change could reduce gross domestic product (GDP) in developing Asia and the Pacific by 17 per cent by 2070 under a high-end greenhouse gas emissions scenario, rising to 41 per cent by 2100.
1 min |
EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power
Fossil Fuel Main Driver of Climate Change: Rizwana
Environment Adviser Syeda Rizwana Hasan recently said fossil fuel use is one of the main drivers of climate change.
1 min |
EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power
COP29: CSOs for Ambitious Climate Action
The Climate Justice Alliance-Bangladesh, a coalition of 40 civil society organizations led by the Centre for Participatory Research and Development (CPRD), has urged COP29 to prioritize ambitious climate action, with a focus on the needs of Least Developed Countries.
1 min |
EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power
Concerted Efforts Essential for Welfare of Climate Internal Migrants
Speakers at a participatory meeting unanimously viewed that concerted efforts of all the government and non-government organizations concerned can be the crucial means of welfare of people of climate internal migration.
1 min |