Energy Bangla

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Dhaka Sunday,  Feb 1, 2015

JWG second meeting held in Delhi

Power & Transit Cooperation Between BBIN

EB Report

The second meetings of the JWGs on Sub-Regional Cooperation between Bangladesh, Bhutan, India and Nepal (BBIN) on Water Resources Management and Power/Hydropower and on Connectivity and Transit were held in New Delhi on 30-31 January 2015 in a friendly and cordial atmosphere. The delegations welcomed the opportunity to exchange views on various possibilities for cooperation at a sub-regional level for mutual benefit. The JWG on Water Resources Management and Power/Hydropower... »

Power Sector

Public hearing on power price hike

Madanganj 102 MW Q Ren Officials of three power utilities at public hearings in last two days failed to answer many questions concerning so called ‘gray areas’ in their financial activities and technical management. Stakeholders alleged that mismanagement and corruption caused the rise in expenses of the power utilities which the government wanted to pass... »

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... »