Energy Bangla

Energy electricity and environment news portal

Dhaka Tuesday,  May 31, 2016
Bangladesh Petroleum Exploration and Production Company (Bapex) has filed a case with an international arbitration court against Niko Resources Bangladesh Ltd. Bapex claimed a compensation of around Tk 9,189 crore and annulment of the previous cases against itself. Bapex filed this case at the International Centre for Settlement of Investment Disputes (ICSID). According to the related sources, Niko has pleaded guilty in the Canadian court to bribing a Bangladeshi minister for getting the lease of... »

Power Sector

40 Percent Of The Allotted Money Is Unutilized In Power Sector

bangladesh-budget Despite having one of the highest allotment as a single unit in the last National Budget, the Power Division couldn’t manage to use or spend it accordingly. After assessing the Annual Development Program (ADP) the EnergyBangla team has found this gap between allotment and consumption. It was also found that,... »

Gas Sector

Exploration of Three Offshore Gas Blocks

Petrobangla In Talks With Three Int’l Companies

OFFSHORE Petrobangla commenced negotiations yesterday with three international oil companies (IOCs) for three offshore gas blocks, targeting a conclusion by the end of the month. The three deep sea blocks — DS12, 16 and 21 — are located at depths ranging from 20 to 200 metres, with area 3200 to 3600... »

Petroleum

Oil Prices Erase Early Fall To End Little-Changed

oilfield Oil prices pulled back from early losses Thursday to end barely changed, as the market focuses on continued supply disruptions in Nigeria and Canada and potential outages in turbulent Venezuela. Prices closed below Wednesday’s 2016 highs, with US benchmark WTI crude for June delivery off 11 cents at $48.67 a... »

EB Reports

Needed United Approach For Expansion RE Energy

nosrul with un secratary general State Minister for Power, Energy and Minerals Nasrul Hamid today underscored the need for continue united efforts for expansion of renewable energy. “Technology related to the renewable energy will be available and within reach if investment is made properly,” said the state minster. Nasrul Hamid said this while addressing at... »

Green Pages

Making Bangladesh Ready For Renewables

solar1-337x205 All his life, farmer Nasiruddin saw his poverty ridden village in complete darkness after dusk, with electricity being a distant dream. That changed last year when he installed a solar lantern system. “Life used to stop here after sundown,” he says, “Kerosene lamps were expensive. My children studied in candle... »

Coal Sector

Largest Limestone Discovered In Naogaon

Limestone-minister-360x202 Bangladesh on Thursday claimed to have found the biggest ever limestone deposit in its northern district of Naogaon, capable of meeting the entire demand of the country’s cement industry. State Minister for Minerals Nasrul Hamid told reporters that the deposit was found across an area of 50 sq km up... »

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Energy Bangla Review

Energy: All Index Lower Except Expenditures 

Energy index ondicator Bangladesh The Cost of everything has declined except for due payments and operational expenditures. This is the current scenario of the country’s energy sector. Production of gas, its supply and sell along with monthly profit have raised. Having enhanced in such a way, however, the sector is facing difficulties taking control... »

Environment

UNEA Report

As Air Pollution Levels Rise by 8%

air polution As global air quality declines, threatening to add to the seven million people air pollution kills each year, increased action in some air quality areas points to political will to tackle this “global public health emergency”, according to reports released today at the second United Nations Environment Assembly (UNEA-2). According... »