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Tags : energy


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TotalEnergies halts new investment in India’s Adani

French energy giant TotalEnergies said Monday it was halting new investment linked to Indian conglomerate Adani, after the indictment of its billionaire founder on US bribery charges, an announcement which saw Adani Green shares lose 7.9 per cent on the Indian stock market...

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UK annual inflation jumps on higher energy bills

Britain’s annual inflation rate jumped more than expected in October to back above the Bank of England’s target as households and businesses faced higher energy bills, official data showed Wednesday...

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Western powers move to censure Iran at UN nuclear meet

European powers and the United States have submitted a resolution censuring Iran for its poor cooperation with the UN nuclear watchdog, diplomats told AFP on Wednesday, as Tehran warned of a ‘proportionate’ response if it passes...

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HC strikes down indemnity in fast-track energy procurement

The High Court on Thursday invalidated two core provisions of the Speedy Power and Energy Supply (Special) Act 2010, dismantling the special procurement and indemnity clauses that allowed the government to bypass standard protocols in energy projects...

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Power cuts, austerity reveal energy crisis

Intermittent power outages despite substantial drop in the electricity demand together with the new austerity instruction issued on Monday underscore the country’s declining energy capacity...

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Indian solar panel maker dazzles in market debut

India’s top solar module producer Waaree Energies shone on its market debut Monday after raising $514 million, as traders bet on increased global demand for clean energy components...

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Immediate cut in energy prices demanded

The National Committee to Protect Oil, Gas, Mineral Resources, Power and Ports on Saturday demanded immediate cuts in energy prices and holding ousted prime minister Sheikh Hasina and...

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Bangladesh needs greater focus on renewable energy

Energy experts at a meeting in the capital Dhaka on Sunday urged the interim government for taking pragmatic actions for renewable energy projects amid growing demands for power and energy as...

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Suspension of foreign-funded projects slammed

Investors at a discussion expressed concern at the suspension of foreign-funded projects in the renewable energy sector and requested simplified project approval and tax incentives to...

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Bangladesh can generate 5 per cent electricity by 2030: report

Bangladesh can generate maximum 5 per cent of its electricity from renewable energy by 2030 given the pace the country is adopting the technology, said a report released by the Paris-based International Energy Agency on Wednesday...

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LPG price increased

Bangladesh Energy Regulatory Commission has increased the prices of Liquefied Petroleum Gas by Tk 2.88 per kilogram and auto gas by Tk 1.58 per litre for the month of October...

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Number of green apparel factories now stands at 229

The total number of LEED-certified green factories in Bangladesh has now reached 229, following the recent certification of three more apparel and textile factories by the US Green Building Council under the Leadership in Energy and Environmental Design programme...

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Germany to support Bangladesh reforms

Germany will support the reform initiatives of the Interim Government and has promised 600 million euro for renewable energy in Bangladesh, German ambassador in Dhaka Achim Tröster said today...

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Govt should mend loopholes in energy import for rental power

RENTAL power plants, set up as an emergency measure under an indemnity law to resolve power shortage soon after the Awami League had assumed office in 2009 that ended in a permanent arrangement to drain the state exchequer by channelling public money into private pockets through capacity charge payment, have not only been a great burden to the economy...

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Global oil demand growth slows as China slumps: IEA

Global oil demand grew at its slowest pace since 2020 in the first half of 2024 due to China’s economic slump, the International Energy Agency said Thursday, prompting the IEA to lower its full-year forecast...

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Asian govts urged to accelerate energy transition

The two-day energy finance conference of the US-based Institute for Energy Economics and Financial Analysis began in Kuala Lumpur on Tuesday with a call on the governments of Asian countries to accelerate energy transition to get rid of costly and unreliable fossil fuels...

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LPG price increased by Tk 3.65 per kg

Price of liquefied petroleum gas has been further increased to Tk 118.44 per kg from the previous price of Tk 114.79 for the month of September...

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Govt must do away with burden of power overcapacity

THE rental and quick rental power plants that have reared the ugly head since 2009 riding an indemnity law that the now deposed Awami League enacted to plunder the power and energy sector have now run to a constraining pass, warranting an immediate government action. While the law — the Quick Enhancement of Electricity and Energy Supply Act 2010...

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Western hypocrisy in the global minerals scramble

WESTERN governments have finally realised that the energy transition is happening — and that the resources needed are mostly in Chinese hands. Transition minerals, by some dubbed the ‘new oil,’ are the key ingredients for renewables technologies like EV batteries, solar panels, and wind turbines that make the transition happen...

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Full implementation of Phulbari agreement a must

ON AUGUST 26, the National Committee to Protect Oil, Gas, Mineral Resources, Power, and Port commemorated the lives lost in the movement against an open-pit coal mine in Phulbari, Dinajpur, and expressed their sheer frustration at successive governments’ indifference towards the full implementation of the Phulbari Agreement...