Use of oil-based plants to keep power cost high
With the power demand rising amid heatwaves, the energy mix included more oil to boost electricity generation, leading the interim government away from its plan to reduce energy spending...
Power-Energy
LPG price to remain unchanged in April
The price of a 12kg LPG cylinder will remain unchanged at Tk 1,450 for the month of April....
Petroleum fuel prices to remain unchanged in April
Prices of the petroleum fuels will remain unchanged for the month of April...
Finland closes last coal-fired power plant
Finnish energy company Helen said on Tuesday that it had closed the country鈥檚 last active coal-fired power plant, ushering in 鈥榯he end of the era of coal鈥� for the Nordic country.
Grid collapse shows system weakness
A technical malfunction in a transformer triggered the March 11 national grid collapse that deprived parts of Dhaka of electricity supply for at least two hours...
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...
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...
