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Energy & Power

JERA Completes Share Purchase in Scarborough Gas Venture

Woodside Energy has transferred a 15.1% interest in the Scarborough joint venture (JV) offshore/onshore Western Australia to Japanese power utility JERA for $1.4 billion.

1 min  |

EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power

Energy & Power

Saudi Aramco Says Quarterly Profit Drops 15% on Low Oil Prices

Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third-quarter profit, citing low oil prices.

1 min  |

EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power

Energy & Power

Bangladesh Needs Smart Grid System to Keep Power Supply Stable: Energy Adviser

Energy Adviser Dr Muhammad Fouzul Kabir Khan has said the power transmission system has been facing new kinds of challenges as electricity consumption has radically changed over the years.

1 min  |

EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power

Energy & Power

Khulna Power Shuts Down Plants for Deal Uncertainty

Khulna Power Company Ltd (KPCL) has announced the shutdown of its 115MW KPC Unit II plant in Khulna and the 40MW Noapara plant in Jashore, citing uncertainty over power purchase agreements (PPAs) with the Bangladesh Power Development Board (BPDB).

1 min  |

EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power

Energy & Power

Mitsubishi Power Receives Order for Facility Retrofit at Darajat Geothermal Power Plant in Indonesia

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has received a turnkey contract from Star Energy Geothermal Darajat II, Limited (SEG), a geothermal power producer in Indonesia, for the retrofit of Unit 3 at its Darajat Geothermal Power Plant in Java.

1 min  |

EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power

Energy & Power

IN HISTORIC STEP, NEPAL'S HYDROPOWER FLOWS INTO BANGLADESH

The Himalayan nation of Nepal has the luxury of having a surplus in electricity thanks to the bounty of rivers flowing through the land-locked country.

3 min  |

EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power

Energy & Power

Climate Funding Getting Increasingly Difficult

The COP29 has been tagged as a financing COP. The NCQG may be US$1.0 trillion.

4 min  |

EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power

Energy & Power

Rizwana Launches National Action Plan to Tackle Air Pollution

The Department of Environment (DoE) recently launched the National Air Quality Management Action Plan to improve air quality and enforcement mechanisms.

1 min  |

EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power

Energy & Power

Looming Consequences Of Scrapping 31 Green Energy Lols

Recent newspaper reports on the suspension, cancellation, and potential renegotiation of Letters of Intent (LoIs) in the renewable energy sector have captured my attention.

5 min  |

EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power

Energy & Power

Sustainable Development Initiatives Of Bangladesh

We live in a blue world, surrounded by the blue Ocean, the living mysteries.

8 min  |

EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power

Energy & Power

Roadmap for Bangladesh From Energy Crisis to Energy Prosperity

In the 1970s, Bangladesh's power generation largely depended on indigenous natural gas.

9 min  |

EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power

Energy & Power

Big Polluters Step Aside

Mollah Amzad Hossain, Afroza Akther Pervin Aditya Hossain in Baku, Azerbaijan and Saleque Sufi in Queensland, Australia

7 min  |

EP_22_11 (Energy & Power Vol 22 Issue 11 November 16, 2024)
Energy & Power

Energy & Power

Govt to Buy Two Cargoes of LNG from Spot Market

The advisory committee on government purchase has approved the import of two cargoes of liquified natural gas (LNG) from the spot market.

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

Price of LPG 12kg Cylinder Rises by Tk 45

The price of liquefied petroleum gas has risen by nearly Tk 3 per kg in October in Bangladesh in line with rising prices on the international market.

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

KrisEnergy, Bangladesh Holds Session on Gas Gun

As part of the initiative of the Southeast Asian Petroleum Exploration Society (SEAPEX), KrisEnergy, Bangladesh has arranged two sessions and the third session was held recently.

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

Palki Motors Accepted into Accelerator Asia's Cohort 10 with $100,000 Impact Investment

Palki Motors Pte. Ltd., a purpose-driven electric vehicle manufacturer committed to transforming commercial mobility, announced its acceptance into South Asia’s largest pre-Series A accelerator, Accelerator Asia, as part of Cohort 10.

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

RNPP Biggest White Elephant of Former Govt: Prof Mainul

Economist Dr Mainul Islam said Rooppur Nuclear Power Plant (RNPP) is the biggest white elephant of the former government.

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

Explosion at Ctg Oil Tanker: Two Bodies Recovered

Two bodies were recovered from crude oil tanker \"Banglar Jyoti\" hours after a fire broke out following an explosion on the ship's bow recently.

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

Farzana Mamtaz New Power Secretary

The government has promoted additional secretary Farzana Mamtaz to the post of secretary.

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

Denmark Keen to Invest in Bangladesh's Offshore Wind Energy, Port

Denmark has expressed keen interest to invest into Bangladesh's port infrastructure and offshore wind energy as well as support to further development of the pharmaceutical sector.

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

Norway's Offshore Discoveries Deliver Swift Payback

E&P companies spent about NOK660 billion ($62.5 billion) exploring for oil and gas on the Norwegian Continental Shelf between 2004 and 2023, according to the Norwegian Offshore Directorate (NOD).

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

OPEC+ Countries Keep Plans to Boost Oil Production from Dec: Novak

OPEC+ countries are currently keeping plans to ramp up oil production from December 2024 but will monitor the market situation, Deputy Prime Minister Alexander Novak told reporters. \"No changes have been discussed thus far,\" Novak said.

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

World Gas Use to Hit Record in 2025 Amid Fight for LNG, IEA Says

Global demand for natural gas will hit an all-time high next year as competition for seaborne fuel intensifies between Asia and Europe, according to the International Energy Agency.

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

Santos Signs Major LNG Deal for Asia

Under the terms of the contract, Santos will supply 20 LNG cargoes to TotalEnergies, equating to approximately 0.5 million tonnes of LNG annually.

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

No Unreasonable Cost To Be Considered For Fixing Tariff

The BERC Act embodies everything to create a fair ambiance of competition for all parties and protect the rights of the consumers.

8 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

YUNUS-LED GOVT INTENSIFIES FOCUS ON REFORMING STATE INSTITUTIONS

Since taking over the interim government, Chief Adviser Prof Muhammad Yunus and his advisers have focused on two major tasks: tackling the post-Hasina law and order situation and the reforms in the key institutions.

2 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

EBL-German Embassy Partner to Promote Climate Action

Eastern Bank PLC and the Embassy of the Federal Republic of Germany have entered into a partnership to collaborate on the EBL Climate Change Action Award.

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

SDG 7 Action Forum "Energizes" Sustainable Development

The climate crisis, ongoing conflicts, and a constrained global economic outlook have compounded the “fragility of past hard-earned progress” on the SDGs.

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

China Needs 'Ambitious' Climate Goals to Meet Commitments: Report

China should set a \"strong but achievable\" target of slashing emissions at least 30 percent by 2035 when it submits updated climate commitments in coming months, a report urged recently.

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Energy & Power

Energy & Power

Govt Mulls Blue Network Using Dhaka's Canals: Rizwana

Water Resources Adviser Syeda Rizwana Hasan has said the government plans to create a blue network using Dhaka's canals.

1 min  |

EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)