CATEGORIES

UK Electricity Cleanest on Record in 2024: Study
Britain produced its cleanest Belectricity record at anest with output of fossil fuels at an all-time low and renewables reaching a record high, a study showed.

Excelerate Completes 3,000th LNG Ship-To-Ship Transfer Operation
Excelerate Energy, Inc. (NYSE: EE) has announced that on December 28, 2024, the company safely completed its 3,000th LNG ship-to-ship (STS) operation since the start of STS operations in 2007.

Govt Okays Purchase of Refined Fuel Oil for 6 Months
The government has decided to procure 14.25 lakh tonnes of refined fuel oil to meet national demand for the first half of this year.

Thailand's PTT Struggles to Go Green as EV Project Flops
State-run energy giant PTT's decarbonization efforts have hit a roadblock, as work on a joint EV factory with Taiwan's Hon Hai Precision Industry that was to be the lynchpin of its strategy has been halted by sluggish demand for new vehicles.

Chevron Targets $6-8b Growth in Free Cash Flows Next Year: CEO
Michael Wirth, CEO of Chevron, said recently that the company is in a position to increase its cash flow from free to $8 billion and to reduce expenses \"by a couple of billion dollars\".

Climate-Smart Agriculture, Water Management to Enhance Crop Output Stressed
Experts at a recent workshop in Rangpur stressed on ensuring climate smart agriculture and water management to make irrigation water available to enhance crop output for ensuring food security amid climate change.

Rosatom Welcomes 2025 on an Optimistic Note in Bangladesh
The outgoing year 2024 was a very successful year for Rosatom State Corporation in Bangladesh.

BPC to Save Tk760cr in Fuel Oil Import Premiums
The Bangladesh Petroleum Corporation (BPC) will in save approximately Tk760 crore premiums for fuel oil imports during the first six months of 2025.

Rational Gas Pricing A Challenge Of Rejuvenated BERC
Saleque Sufi

ACC Sues Ex-Minister Nasrul, 2 Family Members
The Anti-Corruption Commission (ACC) recently filed three cases against former state minister for power, energy and mineral resources Nasrul Hamid, his wife Seema Hamid and son Zareef Hamid on charge of acquiring wealth beyond known sources of income.

Petrobangla Gets New Chairman
Additional secretary Md Rezanur Rahman has joined as Chairman of Bangladesh Oil, Gas & Mineral Corporation (Petrobangla) on deputation on January 2.

Turkey Eyes Role in Reviving Syrian Oil, Gas Production
Turkey said it wants to help increase oil and natural gas production in Syria, the latest step in Ankara's overtures for deeper involvement in the reconstruction of the war-torn country.

Mobil Jamuna to Expand with Oil Tanker, Land Purchase
The company's board of directors has approved the purchase of a secondhand Aframax oil tanker, MT Nissos Delos, for million.

Bangladesh Keeps LPG Costs Steady Despite Fall in Global Prices
Despite a slight drop in global prices, the Bangladesh government has opted to keep domestic prices for liquefied petroleum gas, or LPG, unchanged in January, citing the ongoing depreciation of the local currency.

Austria's OMV Agrees to Supply Romanian Gas to Germany
Three people with knowledge of the deal said that Austria's OMV will supply Germany's Uniper gas from its Black Sea Project from 2027.

Managing Energy Supplies Smartly In 2025
Ensuring a smooth fuel supply is the main challenge of the interim government in 2025.

CONCERN PERSISTS OVER SHORTAGE OF NATURAL GAS
Not unsurprisingly the country has once again been in the grip of a gas crisis.

OPEC Cuts To COP29 Global Energy Market In 2024
The global energy landscape has witnessed TH a series of developments in 2024: a surge in renewable energy adoption, transformative geopolitical strategies, and the continued efforts of leading oilproducing nations to stabilize prices through voluntary cuts.

Summer Load To Be Tough To Deal With
Bangladesh's electricity demand is set to rise significantly in summer to 17,500–18,000 MW, straining supply despite an installed capacity of 27,820 MW. The key challenge is ensuring an adequate fuel supply—gas, coal, and furnace oil—amid financial constraints.

Smartly Addressing Energy Sector Priorities
The energy sector needs to be smarter and more efficient in confronting and managing the emerging crisis that may affect energy security from March 2025 onwards.

Rooftop Solar Can Help BREB Reduce Losses, Say Experts
Bangladesh Rural Electrification Board (REB) can minimize its losses by adopting a household rooftop solar model in areas where there are fewer industrial electricity connections, experts said.

Scientists Struggle to Explain Record Surge in Global Heat
The world has been getting hotter for decades but a sudden and extraordinary surge in heat has sent the climate deeper into uncharted territory -- and scientists are still trying to figure out why.

WB Approves $1.16b for Climate-Resilient Development
The World Bank's Board of Executive Directors has approved three operations totaling US$1.16 billion to help Bangladesh improve health services, boost water and sanitation services and achieve greener and climate-resilient development.

Joint Operations will be Strengthened against Hill Cutting: Environment Advisor
Syeda Rizwana Hasan, Advisor to the Ministry of Environment, Forest, and Climate Change, recently stated that district administrations, city corporations, and the Department of Environment will strengthen joint mobile courts to combat hill cutting, air pollution, and the use of banned polythene.

Bangladesh's First Climate-Smart Steel Plant to be Built with IFC Fund
International Finance Corporation (IFC), a member of the World Bank Group, has partnered with Meghna Re-Rolling & Steel Mills Limited, a sister concern of Meghna Group of Industries to establish Bangladesh’s first climate smart steel plant.

Capacity Building Essential to Tackle Climate Change: Rizwana
Syeda Rizwana Hasan, Advisor to the Ministry of Environment, Forest, and Climate Change and the Ministry of Water Resources, emphasized the need to enhance the nation's capacity to address climate change, allocate a larger budget, and ensure its proper utilization.

UN Regional Commissions Call for Just, Sustainable Energy Transition
The Regional Commissions will advance actions to, inter alia: empower youth participation in regional dialogues; and support UN-Energy in mobilizing international efforts, building partnerships, and scaling up finance to achieve SDG 7 and address interlinkages with other SDGs.

Canada Unveils 2035 Climate Goal Critics Say is Weak
Canada released recently what it called an achievable 2035 greenhouse gas reduction target that environmental groups panned as not ambitious enough.

PRAN-RFL Reveals Sustainability Report with 100% Plastic Recycling Goal by 2030
PRAN-RFL Group has released its sustainability report for 2023 on 22 December, reflecting its commitment to improving current well-being and ensuring a sustainable future for all.

Forests, Wetlands to be Included in New NDC: Rizwana
Environment, Forest, and Climate Change Adviser Syeda Rizwana Hasan recently said that land, forests, and wetlands would be included in Bangladesh's new Nationally Determined Contributions (NDC) to strengthen the country’s climate mitigation efforts.