Energy Bangla

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Dhaka Wednesday,  Jan 28, 2015
Staff committee of the Bangladesh Energy Regulatory Commission on Sunday said that Rural Electrification Board would have to raise retail power price by 0.27 per cent while Dhaka Electric Supply Company need not increase the price for now. The committee made the suggestions after it found that the PDB needed to raise the average bulk price of electricity by 5.15 per cent and the PGCB should increase transmission charge only... »

Power Sector

Govt to procure power from Indian open market

blackout-station The government will procure 30-50 MW power from the open market of India. The Cabinet Committee of Government Purchase (CCGP) at today’s meeting gave nod to the power procurement proposal held at cabinet division with Finance Minister A M A Muhith in the chair. Mustafizur Rahman, Joint Secretary of Cabinet... »

Gas Sector

LNG terminal deal okayed

lng The government will construct floating liquefied natural gas (LNG) terminal with a daily capacity of 500 MMCF at Maheshkhali to meet the country’s energy demand. The Cabinet Committee on Economic Affairs (CCEA) today approved the “Term Sheet Agreement” signed with Singapore-based Astra Oil and Excelerate Energy Consortium in this regard.... »

Petroleum

Interview With Arthur Berman

The Real Cause Of Low Oil Prices

saudi-oil With all the conspiracy theories surrounding OPEC’s November decision not cut production, is it really not just a case of simple economics? The U.S. shale boom has seen huge hype but the numbers speak for themselves and such overflowing optimism may have been unwarranted. When discussing harsh truths in energy,... »

EB Reports

IDCOL received ‘ICMAB Best Corporate Award 2014’

The Corporate Award and Branding Committee of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) has selected IDCOL for the Second Position in the category of ‘Best Corporate in the Non-Bank Financial Institution Sector’ as part of ‘ICMAB Best Corporate Award 2014’. Mr. Adul Maal Abdul Muhith, M.P,... »

Green Pages

ADB extend loans to help India’s solar power developer

abc20 The Asian Development Bank (ADB) is extending loans of up to $100 million to help India’s pioneering private sector solar power developer, the ACME group, finance badly needed new solar plants. “Solar and other renewable power sources are essential for India’s energy diversification and security, and for underpinning the country’s... »

Coal Sector

GCM’s Statement on Gary Lye’s Phulbari Visit

GAry GCM organises regular community meetings as part of our commitment to ensure local communities remain fully informed on all aspects of the planned coal mine and power plant developments. As part of this routine activity a series of programs were organised for Tuesday 25/11 and Wednesday 26/11 to cater for... »

Something to Say

Back To Basics: Why Conventional Drilling Makes Sense in 2015

estern refinary This New Year, an old trend may become a new trend as conventional drilling in North America is once again in the spotlight at a time when oil prices continue their slump and the unconventional becomes increasingly uneconomical. Advanced horizontal drilling and hydraulic fracking for extraction is much more expensive... »

Environment

Govt reopens Shela river route

BANGLADESH_OIL_SPI_2243121f Defying the recommendations of the UN experts and environmentalists, the government yesterday decided to allow vessels to ply through the Shela river in the Sundarbans from wednesday, apparently in the face of pressure from river transport workers. The decision came from an inter-ministerial meeting at the shipping ministry tuesday with... »