Energy Bangla

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Dhaka Tuesday,  Dec 23, 2014
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Global oil prices are tanking, but OPEC is holding firm on not slashing production to buoy prices Saudi Arabia will not cut oil production to boost depressed prices, a reversal in the kingdom’s usual policy of moderating supply to control prices and sending a strong message about the Organization of the Petroleum Exporting Countries’ (OPEC) strategy for dealing with a slumped oil market. Saudi Minister of Petroleum and Mineral Resources... »

Power Sector

Hamid seeks more Indian support in power sector

hamid President Abdul Hamid, now in New Delhi on a six-day visit to India, today sought more cooperation from the neighbouring country in the power sector to meet the growing electricity demand at home. The President sought the support when Indian External Affairs Minister Sushma Swaraj made a call on him... »

Gas Sector

Gas tanker explodes on Delhi, 10 burnt alive

ind Ten persons were burnt alive and 12 others injured when a gas tanker caught fire and exploded on the highway near Beelpur village, 35 kms from Jaipur on Saturday night.Seven vehicles going through the highway at the time also caught fire. The accident caused a huge traffic jam on the... »

Petroleum

Oil Price Tumbles After OPEC Releases 2015 Forecast

fuel-22-337x205 The demand for oil in 2015 will drop to its lowest level since 2002 because of an oversupply of crude and stagnant economies in China and Europe, according to OPEC’s latest forecast. And that’s just one of several sour estimates. OPEC’s monthly report said demand for the cartel’s oil will... »

EB Reports

Supreme Court judge receives prestigious award

Supreme Court Justice Imman Ali.IJJO Statuette copy Supreme Court Justice Muhammad Imman Ali, a living legend of Bangladesh, has been given one of Europe’s most prestigious awards for his invaluable contribution towards the protection of children in Bangladesh. The International Juvenile Justice Observatory (IJJO), presented the Juvenile Justice Without Borders International Award in Brussels, Belgium, to him... »

Green Pages

Right to Know: Solar Panel in Bangladesh

solar1-337x205 The Government of Bangladesh has recognized or is recognizing that electricity access qualifies as a human right. For example, (1) the Government of Bangladesh has signed technical assistant grant agreements with Asian Development Bank to provide renewable energy in rural areas with no access to grid electricity, and (2) the... »

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

Could falling oil prices spark a financial crisis?

ano-muhith The oil and gas boom in the United States was made possible by the extensive credit afforded to drillers. Not only has financing come from company shareholders and traditional banks, but hundreds of billions of dollars have also come from junk-bond investors looking for high returns. Junk-bond debt in energy... »

Environment

UN sends team to clean up Sunderbans oil spill

un The United Nations said on Thursday it has sent a team of international experts to Bangladesh to help clean up the world’s largest mangrove forest, more than a week after it was hit by a huge oil spill. Thousands of litres of oil have spilt into the protected Sundarbans mangrove... »