Trade war threatens oil demand growth: IEA
Global oil demand growth is set to accelerate this year but the escalating trade war launched by US President Donald Trump threatens to disrupt the market, the International Energy Agency said Thursday...
Power-Energy
Bangladesh decides to import two cargos of LNG
The advisory committee of the government purchase in a meeting on Wednesday approved two proposals for importing two cargos of liquefied natural gas...
Rooppur plant test run to commence soon, ROSATOM DG tells CA
The test run of Rooppur Nuclear Power Plant will begin soon, director general of State Corporation for Nuclear Energy Rosatom of the Russian Federation, Alexey Likhachev, said on Wednesday...
Gas price hike will deter investment: businesses
The country鈥檚 business leaders strongly criticised the government鈥檚 proposal to raise gas prices by 150 per cent for new industries and industrial expansion, calling it a discriminatory move that could deter future investors and make Bangladesh less attractive for business...
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.
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...
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...
Sri Lanka revokes power purchase deal with Adani
Sri Lanka has revoked a power purchase agreement with Indian conglomerate Adani Group following allegations of corruption, energy ministry sources in Colombo said on Friday.
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...
BPC to buy diesel from India
The Bangladesh Petroleum Corporation has decided to import 1,30,000 tonnes of diesel from India鈥檚 Numaligarh Refinery Limited at an estimated cost of Tk 1,137 crore...
US, UK unveil sanctions on Russia鈥檚 energy sector
The United States and Britain on Friday announced sanctions against Russia鈥檚 energy sector, including oil giant Gazprom Neft, just days before outgoing President Joe Biden leaves office.
INDUSTRIAL, CAPTIVE GAS SUPPLY: Gas price hike of up to 152pc proposed
The Bangladesh Energy Regulatory Commission is evaluating a Petrobangla鈥檚 proposal to increase by up to 152 per cent the price of gas supplied to industries and captive power plants...
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...
Diesel, kerosene prices reduced by Tk 1 per litre
The prices of diesel and kerosene have been reduced by Tk 1 per litre with effect from Wednesday...