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Power-Energy


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Richest countries put more mony in fossil fuel: report

The richest nations, including the G-7 countries, are increasingly investing in fossil fuel projects in developing countries like Bangladesh, obstructing global carbon emission reduction targets, said a report released by US-based Global Energy Monitor on Tuesday.

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Industries reeling from persistent gas crisis

Industry insiders have said that due to years of interruption in gas supply, export-oriented industries and other manufacturing units were facing an acute crisis...

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Shell annual profit drops

British energy giant Shell on Thursday announced a 17-per cent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs...

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LPG price hiked after VAT structure change

The price of liquefied petroleum gas has been slightly raised following a change in the structure of the value-added tax by the National Board of Revenue, according to the Bangladesh Energy Regulatory Commission...

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BPC to buy diesel from India

The Bangladesh Petroleum Corporation has decided to import 1,30,000 tonnes of diesel from India’s Numaligarh Refinery Limited at an estimated cost of Tk 1,137 crore...

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US, UK unveil sanctions on Russia’s energy sector

The United States and Britain on Friday announced sanctions against Russia’s energy sector, including oil giant Gazprom Neft, just days before outgoing President Joe Biden leaves office.

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Saudi Aramco willing to invest: envoy

Ambassador of the Royal Embassy of Saudi Arabia to Bangladesh Essa Youssef Essa Al Duhailan on Sunday said that Saudi oil company Aramco was willing to establish a refinery at Sitakunda in Chattogram to...

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Summer power supply looks bleak

The country’s power supply outlook for the next summer remains bleak with energy experts suggesting that optimum use of coal power capacity should be the core of the power generation plan to tackle the situation.

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Baraka Patenga declares 2pc cash dividend

The 14th annual general meeting of Baraka Patenga Power Limited, the second power plant of Baraka Group, was held online in combination with physical presence at Hotel Royal Mark in Sylhet recently.

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Purchase of LNG, fertiliser approved

The advisory committee on government purchase at a meeting on Thursday approved five proposals, four to buy 1.3 crore tonnes of fertiliser and another to buy 1 cargo of liquefied natural gas.