Energy Bangla

Energy electricity and environment news portal

Dhaka Monday,  Jul 6, 2015
Some 40 per cent of rural people the country are forced to bribe the officials of Palli Bidyut Samities under Rural Electrification Board to obtain new power connections, according to a government survey revealed on Sunday. The survey also showed that some 15 per cent people had to pay extra money to the officials of the Dhaka Power Distribution Company to obtain new connections which is four per cent in... »

Power Sector

Summit to invest $1 bln to produce 1,310 MW electricity by 2020

power.summitbibiyana2.. Summit Group, the leading power generator in Bangladesh, will invest at least $1 billion to build five power plants capable of producing 1,310 megawatts (MW) of electricity by 2020, aiming to ease a prolonged crisis in the country’s energy supply, a senior executive said. Ayesha Aziz Khan, finance director, told... »

Gas Sector

Toufiq Ali joins as CEO of KAFCO

kafcoceo Dr. Toufiq Ali assumed charge as the Chief Executive Officer, Karnaphuli Fertilizer Company Ltd. (KAFCO), on 21st June 2015. He had joined the erstwhile Civil Service (CSP) in 1968 and later moved to the Foreign Service.  His last appointment while in the Government was Ambassador/Permanent Representative in Geneva.  While in... »

Petroleum

Expect A Wave Of Consolidation In The Oil Industry

oil.crude world rig_9 As stated previously, asset monetization by small E&P operators will start in earnest in the second half of this year out of cash flow necessity. Most, if not all, smaller market capitalization companies, public or private, are still free cash flow negative (operating cash flow less capital expenditure) and only... »

EB Reports

Opening new Bangladesh Deputy High Commission in Guwahati

india In pursuance of the Joint Declaration issued on the occasion of the visit of the Prime Minister of India Mr. Narendra Modi to Bangladesh from 6-7 June 2015, the Government of India has conveyed its concurrence to the request made by the Government of Bangladesh to open a Deputy High... »

Green Pages

Why Buffett Bet A Billion On Solar

solar During the late innings of the ICE-age (as in the Internal Combustion Engine age) it has become clear that feeding gasoline and diesel to the next billion new cars is not going to be easy, or cheap. In China alone, 500 million new vehicles can be expected to jam the... »

Coal Sector

Underground Coal Gasification contamination

Queensland Government widens legal action against Linc Energy

power-companies-using-high-ash-coal-may-face-legal-action The Queensland Government has widened its legal action against resources company Linc Energy over the alleged contamination of the environment by its underground gas plant on the Darling Downs in the state’s south-east. The Government has today filed a fifth charge of wilfully and unlawfully causing serious environmental harm against... »

Something to Say

How Much Energy Does The Super Bowl Use?

superbowl In the pantheon of American culture, no event is more iconic and distinctly American than the Super Bowl. Like all things American, the Super Bowl is huge, expensive, and a source of incredible passion for fans. Just running a 30-second commercial to the more than 100 million people that watch... »

Environment

UN climate talks stall despite G7 push on carbon

g7 Calls by the Group of Seven (G7) Monday to slash world carbon emissions did little to boost UN climate talks in Bonn, where frustration mounted over the snail-like progress. Groups of countries pleaded for greater efforts to streamline a draft text for a climate pact due to be adopted at... »