OPEC+ to hike petrol output to 548,000bpd in August
Saudi Arabia, Russia and six other key members of the OPEC+ alliance on Saturday said they would further increase oil output in August to 548,000 barrels per day.
Power-Energy
Ecuador suspends oil exports after pipeline shutdown
Ecuador聽has suspended its oil exports after shutting down its two main pipelines due to damage from torrential rains in the Amazon region, the chief of state oil company Petroecuador said Thursday.
12kg LPG price cut by Tk 39 for July
The price of a 12kg liquefied petroleum gas cylinder has been reduced by Tk 39, bringing the new retail price down to Tk 1,364 for the month of July, the Bangladesh Energy Regulatory Commission announced on Wednesday...
Bangladesh clears all dues to India's Adani Power
Bangladesh has cleared all outstanding dues to India鈥檚 Adani Power, making a one-time payment of $437 million in June for electricity imports.
Md Reaz Uddin new MD, CEO of Summit Meghnaghat, Meghnaghat II Power Companies
Summit Group has appointed Md Reaz Uddin as managing director and chief executive officer (CEO) of Summit Meghnaghat I Power Company Limited (337 MW Combined Cycle Power Plant) and Summit Meghnaghat II Power Company Limited (583 MW Combined Cycle Power Plant), says a press release.
ADB to fund solar power plant at NSEZ
Bangladesh Economic Zones Authority on Sunday inked Transaction Advisory Services Agreement with the Asian Development Bank for setting up Ground Mounted Solar PV (100-200MW) at National Special Economic Zone Project on a Public Private Partnership basis...
Govt to keep fuel prices unchanged in July
Bangladesh interim government has decided to keep fuel prices unchanged at the consumer level in July, based on the revised pricing formula and guidelines.
Energy crisis, green transition ignored
The national budget for the 2025鈥�26 financial year has failed to address Bangladesh鈥檚 public demand for reliable access to power and energy and necessary energy transition, said experts at a discussion organised by the Centre for Policy Dialogue on Thursday...
Govt to import refined oils for July-Dec for Tk 10,006 crore
The advisory council commitee on government purchase in a meeting on Wednesday approved procurement of refined petroleum fuel oil from six countries at a cost of Tk聽10,006.63 crore...
Oil rebounds as markets track Iran-Israel ceasefire
Oil prices recovered as stock markets diverged Wednesday while traders assessed whether the Israel-Iran ceasefire would endure...
No plan to raise fuel prices for now: adviser
Despite a slight rise in global oil prices amid the Middle East tensions, the government has no plan to raise fuel prices in the domestic market for now, said energy affairs adviser Muhammad Fouzul Kabir Khan...
Jalalabad Gas, LafargeHolcim sign 10-yr gas supply deal
Jalalabad Gas Transmission and Distribution System Limited on Tuesday signed an agreement with LafargeHolcim Bangladesh for supplying gas at Tk 40 per cubic feet fixed by Bangladesh Energy Regulatory Commission...
Oil prices wobble
Oil prices wobbled and stock markets wavered Monday as traders awaited Tehran鈥檚 response to US strikes on Iranian nuclear facilities over the weekend...
Oil price rises, global stocks mixed
Oil prices rose and stock markets diverged Wednesday as investors tracked the Israel-Iran conflict and a looming US interest rate decision...
Nepal begins commercial power export to Bangladesh
Nepal said Monday it has begun regular commercial electricity exports to Bangladesh, marking its entry into the international power market beyond neighbouring India...