Oil under $65 a boon for consumers
US president Donald Trump’s tariffs, his call to ‘drill baby drill’ and especially a decision by OPEC+ to hike crude output quotas have oil prices trading at lows not seen since the Covid pandemic...
Power-Energy
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Govt to procure 1 cargo LNG, 70,000 tonnes of fertiliser
The government on Tuesday approved separate proposals for procuring some 1 cargo LNG, 70,000 tonnes of fertiliser and 45 lakh liters of refined rice bran oil to meet the growing demand of the country...
TotalEnergies to face court in June in ‘greenwashing’ case
TotalEnergies will face a Paris civil court in June over allegations it made false advertisements about its climate pledges—an unprecedented case in France against a major fossil fuel company, activists said Friday...
TotalEnergies to face trial in ‘greenwashing’ case
TotalEnergies will face a Paris civil court in June over allegations it made false advertisements about its climate pledges — an unprecedented case in France against a major fossil fuel company, activists said Friday.
Oil prices jump
Crude prices rallied Wednesday following a report that US intelligence suggested Israel was planning a strike on Iranian nuclear facilities, which would send geopolitical tensions into overdrive and fuel regional conflict fears...
Oil prices go down
Oil prices tumbled Thursday as president Donald Trump said the United States was close to making a deal on Iran’s nuclear programme, which could pave the way for increased crude supplies...
United Power resumes electricity operation at DEPZ plant
United Power Generation and Distribution Company Ltd has resumed operations at its power plant in Dhaka Export Processing Zone after the restoration of gas supply...
Saudi Aramco net profits drop by 4.6pc in Q1
Oil giant Saudi Aramco on Sunday reported a drop of 4.6 per cent in its first-quarter net profits as lower sales and higher operating costs hit the lynchpin of the kingdom’s ambitious economic reform plans...
12-kg LPG price cut down by Tk 19
The price of a 12kg LPG cylinder has declined by Tk 19 to Tk 1431 from the existing price of Tk 1,450 for the month of May...
BP profit plunges by 70pc
Britain’s BP said on Tuesday net profit plunged in the first quarter as the struggling energy giant undergoes a major overhaul back to its fossil fuel business...
Govt to set up land-based LNG terminal soon: Shafiq
The interim government has decided to set up a land-based LNG terminal to ensure smooth gas supply to the country’s factories.
