CATEGORIES

Govt to Buy Two Cargoes of LNG from Spot Market
Energy & Power

Govt to Buy Two Cargoes of LNG from Spot Market

The advisory committee on government purchase has approved the import of two cargoes of liquified natural gas (LNG) from the spot market.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Price of LPG 12kg Cylinder Rises by Tk 45
Energy & Power

Price of LPG 12kg Cylinder Rises by Tk 45

The price of liquefied petroleum gas has risen by nearly Tk 3 per kg in October in Bangladesh in line with rising prices on the international market.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
KrisEnergy, Bangladesh Holds Session on Gas Gun
Energy & Power

KrisEnergy, Bangladesh Holds Session on Gas Gun

As part of the initiative of the Southeast Asian Petroleum Exploration Society (SEAPEX), KrisEnergy, Bangladesh has arranged two sessions and the third session was held recently.

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1 min  |
EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Palki Motors Accepted into Accelerator Asia's Cohort 10 with $100,000 Impact Investment
Energy & Power

Palki Motors Accepted into Accelerator Asia's Cohort 10 with $100,000 Impact Investment

Palki Motors Pte. Ltd., a purpose-driven electric vehicle manufacturer committed to transforming commercial mobility, announced its acceptance into South Asia’s largest pre-Series A accelerator, Accelerator Asia, as part of Cohort 10.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
RNPP Biggest White Elephant of Former Govt: Prof Mainul
Energy & Power

RNPP Biggest White Elephant of Former Govt: Prof Mainul

Economist Dr Mainul Islam said Rooppur Nuclear Power Plant (RNPP) is the biggest white elephant of the former government.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Explosion at Ctg Oil Tanker: Two Bodies Recovered
Energy & Power

Explosion at Ctg Oil Tanker: Two Bodies Recovered

Two bodies were recovered from crude oil tanker \"Banglar Jyoti\" hours after a fire broke out following an explosion on the ship's bow recently.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Farzana Mamtaz New Power Secretary
Energy & Power

Farzana Mamtaz New Power Secretary

The government has promoted additional secretary Farzana Mamtaz to the post of secretary.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Denmark Keen to Invest in Bangladesh's Offshore Wind Energy, Port
Energy & Power

Denmark Keen to Invest in Bangladesh's Offshore Wind Energy, Port

Denmark has expressed keen interest to invest into Bangladesh's port infrastructure and offshore wind energy as well as support to further development of the pharmaceutical sector.

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1 min  |
EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Norway's Offshore Discoveries Deliver Swift Payback
Energy & Power

Norway's Offshore Discoveries Deliver Swift Payback

E&P companies spent about NOK660 billion ($62.5 billion) exploring for oil and gas on the Norwegian Continental Shelf between 2004 and 2023, according to the Norwegian Offshore Directorate (NOD).

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
OPEC+ Countries Keep Plans to Boost Oil Production from Dec: Novak
Energy & Power

OPEC+ Countries Keep Plans to Boost Oil Production from Dec: Novak

OPEC+ countries are currently keeping plans to ramp up oil production from December 2024 but will monitor the market situation, Deputy Prime Minister Alexander Novak told reporters. \"No changes have been discussed thus far,\" Novak said.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
World Gas Use to Hit Record in 2025 Amid Fight for LNG, IEA Says
Energy & Power

World Gas Use to Hit Record in 2025 Amid Fight for LNG, IEA Says

Global demand for natural gas will hit an all-time high next year as competition for seaborne fuel intensifies between Asia and Europe, according to the International Energy Agency.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Santos Signs Major LNG Deal for Asia
Energy & Power

Santos Signs Major LNG Deal for Asia

Under the terms of the contract, Santos will supply 20 LNG cargoes to TotalEnergies, equating to approximately 0.5 million tonnes of LNG annually.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
No Unreasonable Cost To Be Considered For Fixing Tariff
Energy & Power

No Unreasonable Cost To Be Considered For Fixing Tariff

The BERC Act embodies everything to create a fair ambiance of competition for all parties and protect the rights of the consumers.

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8 mins  |
EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
YUNUS-LED GOVT INTENSIFIES FOCUS ON REFORMING STATE INSTITUTIONS
Energy & Power

YUNUS-LED GOVT INTENSIFIES FOCUS ON REFORMING STATE INSTITUTIONS

Since taking over the interim government, Chief Adviser Prof Muhammad Yunus and his advisers have focused on two major tasks: tackling the post-Hasina law and order situation and the reforms in the key institutions.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
EBL-German Embassy Partner to Promote Climate Action
Energy & Power

EBL-German Embassy Partner to Promote Climate Action

Eastern Bank PLC and the Embassy of the Federal Republic of Germany have entered into a partnership to collaborate on the EBL Climate Change Action Award.

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1 min  |
EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
SDG 7 Action Forum "Energizes" Sustainable Development
Energy & Power

SDG 7 Action Forum "Energizes" Sustainable Development

The climate crisis, ongoing conflicts, and a constrained global economic outlook have compounded the “fragility of past hard-earned progress” on the SDGs.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
China Needs 'Ambitious' Climate Goals to Meet Commitments: Report
Energy & Power

China Needs 'Ambitious' Climate Goals to Meet Commitments: Report

China should set a \"strong but achievable\" target of slashing emissions at least 30 percent by 2035 when it submits updated climate commitments in coming months, a report urged recently.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Govt Mulls Blue Network Using Dhaka's Canals: Rizwana
Energy & Power

Govt Mulls Blue Network Using Dhaka's Canals: Rizwana

Water Resources Adviser Syeda Rizwana Hasan has said the government plans to create a blue network using Dhaka's canals.

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1 min  |
EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
UN Warns World's Water Cycle Becoming More Unpredictable
Energy & Power

UN Warns World's Water Cycle Becoming More Unpredictable

Increasingly intense floods and droughts are a \"distress signal\" of what is to come as climate change makes the planet's water cycle ever more unpredictable, the United Nations said recently.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
G20: Key Role of Energy Planning to Drive Just Transition Investment in Global South
Energy & Power

G20: Key Role of Energy Planning to Drive Just Transition Investment in Global South

Current global investment not only suffers from significant disparities between advanced economies and emerging markets and developing economies (EMDEs), but also with group of EMDEs, new IRENA reports commissioned by Brazil’s G20 presidency find.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Rizwana Directs DCs, Police to Check Polythene Use
Energy & Power

Rizwana Directs DCs, Police to Check Polythene Use

Syeda Rizwana Hasan, Adviser to the Ministry of Environment, Forest and Climate Change recently asked local administrations and police to take effective steps to prevent the use of banned polythene.

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1 min  |
EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Climate Change: 17% of Bangladesh's Territory to Submerge by 2050
Energy & Power

Climate Change: 17% of Bangladesh's Territory to Submerge by 2050

Bangladesh has ranked 9th worldwide among countries at the highest risk of climate-induced disasters and 17 percent of Bangladesh’s territory will be submerged by rising sea levels by 2050.

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1 min  |
EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Govt, Media Must Work Together to Combat Air, Water and Noise Pollution: Rizwana
Energy & Power

Govt, Media Must Work Together to Combat Air, Water and Noise Pollution: Rizwana

Environment, Forest and Climate Change Advisor Syeda Rizwana Hasan emphasized the need for the government, media, and the public to work collectively to combat air, water, and noise pollution, as well as to address the adverse effects of climate change.

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1 min  |
EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Yunus for Operationalizing 'Loss and Damage Fund' to Address Climate Change
Energy & Power

Yunus for Operationalizing 'Loss and Damage Fund' to Address Climate Change

Chief Adviser Professor Muhammad Yunus has urged the world community to make the 'Loss and Damage Fund' operational with additional financing aiming to deal with the adverse impacts of global climate change.

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1 min  |
EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Deal on Climate Aid Hangs in Balance at UN COP29 Summit
Energy & Power

Deal on Climate Aid Hangs in Balance at UN COP29 Summit

Nations remain in deadlock over a crucial pact on climate aid, with divisions over who pays, and how much, threatening chances of a deal being landed at next month's COP29 summit.

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1 min  |
EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Incoming Presidency Formulates COP 29 An Agenda, Reveals Initiatives
Energy & Power

Incoming Presidency Formulates COP 29 An Agenda, Reveals Initiatives

Through its initiatives, the Presidency endeavors to “address all climate pillars, involve global, regional, national and subnational groups, take a holistic view of sustainable development, and include all demographics within an inclusive process that delivers inclusive outcomes.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Azerbaijan Fails to Mention Fossil Fuels at UNGA Speech
Energy & Power

Azerbaijan Fails to Mention Fossil Fuels at UNGA Speech

COP29 Host Azerbaijan's Minister of Foreign Affairs, Jeyhun Bayramov, spoke recently at the 79th United Nations General Assembly and outlined a few critical COP29 outcomes. 350.org recognizes and welcomes the mention of the need for a renewable energy uptake and the delivery of a fair and ambitious New Collective Quantified Goal (NCQG) at COP29, but expresses concern over Azerbaijan's continued pattern of not mentioning 'transitioning away from fossil fuels'.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
Dhaka Hopes COP29 will Deliver Concrete rowess on Materializing Financing Commitments
Energy & Power

Dhaka Hopes COP29 will Deliver Concrete rowess on Materializing Financing Commitments

Foreign Secretary Md Jashim Uddin has expressed hope that COP29 will deliver concrete progress on materializing international climate financing commitments.

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EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
PowerChina Switches on 100 MW Solar Tower in South Africa
Energy & Power

PowerChina Switches on 100 MW Solar Tower in South Africa

PowerChina said South Africa's 100 MW Redstone CSP plant has achieved grid connection.

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1 min  |
EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)
US DOE to Invest $112.5m to Promote Wave Energy
Energy & Power

US DOE to Invest $112.5m to Promote Wave Energy

The US Department of Energy (DOE) says that it will fund up to $112.5 million to promote and commercialize wave-created power in what it describes as “its largest-ever investment in marine energy.”

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1 min  |
EP_22_09 (Energy & Power Vol 22 Issue 9 October 16, 2024)

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