Energy Bangla

Energy electricity and environment news portal

Dhaka Wednesday,  Aug 23, 2017

Gas Sector

260-rise-in-energy-prices-study Nairobi, 7 June 2014 – Rapidly rising prices—metal up by 176 per cent, rubber by 350 per cent, and energy by 260 per cent since 2000—signal a potentially crippling trend of increasing costs as current consumption patterns rapidly deplete the world’s non-renewable resources, according to a new report released today. Decoupling 2: Technologies, Opportunities and Policy Options, produced by the United Nations Environment Programme-hosted International Resource Panel (IRP), says the... »
thumb33p Bangladesh will going to sign an initial agreement in end-May with the US consortium comprising Astra Oil and Excelerate Energy for building the country’s first LNG import terminal at Moheshkhali Island. Top officials from Petrobangla and Bangladesh’s Energy and Mineral Resources Division under the Ministry of Power, Energy and Mineral Resources, and representatives from the US consortium met in Dhaka 8th may to resolve almost all issues regarding the contract.... »
foreign-investors-demand-hike-gas-price-for-offshore The Foreign Investors on oil gas sector in Bangladesh demanded a hike in the tariff for offshore oil and gas exploration under the model production sharing contract (PSC) and also sought to allow exploration activities in the onshore blocks of the Bay. A nine-member delegation of the Foreign Investors’ Chamber of Commerce & Industry (FICCI) led by its Vice-President Geoffrey Strong made the demand during a meeting with the State... »
people-of-connection Local people of the Bibiyana gas field area in Nabiganj-Bahubal constituency of Habiganj district have demanded door-to-door gas connections for every household, saying that it is their inherent right the inhabitants of the area.   The demand was made by the speakers at a recent seminar, titled ‘Chevron Bangladesh: A Partner in Development’, held at Aushkandi community center in Nabiganj.   Local Member of Parliament of Nabiganj-Bahubal constituency Md. Abdul... »
the-most-profitable-gas-in-the-world By Robert Bensh: There is only one certainty in Ukraine: The energy sector must and will be transformed, and how long this takes will depend on who ends up in the driver’s seat and how serious they are about becoming a part of Europe and reducing dependence on Russia. But by then, investors will have missed the boat. The driving factor for any energy investor in Ukraine is the pricing... »
fertilisertwenty20 The government on 13th March decided to stop gas supply to all fertiliser factories in the country, except for Jamuna Fertiliser Factory, during the ongoing Boro cultivation and the 2014 World Twenty20. The decision was taken keeping in mind the increased demand for gas in power generation, particularly for the increased use in irrigation and for the preparation of the T-20 World Cup. “We have no other options but to... »
petrobangla-block Dhaka, Mar 12: State-owned Petrobangla signed a production sharing contract (PSC) on Wednesday with Santos-Kris Energy, an Australia-Singapore joint venture, for the block No-SS-11 in the Bay of Bengal. Officials at the Energy Division, Petrobangla, Santos, Kris Energy and Bapex signed the contract on behalf of their respective sides at a function at Petrobangla. Finance Minister AMA Muhith was present as the chief guest. Santos-Kris Energy JV won the block... »
chevron-awards Chevron Bangladesh has won “Asia Responsible Entrepreneurship Award (AREA) 2014-South Asia” for its corporate responsibility initiatives, conferred by Enterprise Asia. The award was officially announced yesterday evening at a ceremony held at the JW Marriott in New Delhi. A total of 35 applications were received under the Social Empowerment category from the South Asia sub-region (comprising of Bangladesh, India, Pakistan and Sri Lanka). Chevron is the only organization from Bangladesh... »
boundless-chief By. James Stafford: The Energy Information Agency (EIA) has predicted that natural gas production in the US will continue to grow at an impressive pace. Right now output is close to 70 billion cubic feet a day and is expected to reach over 100 billion cubic feet per day by 2040. The trend is likely to continue without hitting a geologic “peak”, and along with this trend will come new... »
thumb32 ONGC Videsh Ltd and Petrobangla signed two Production Sharing Contracts for exploration and production of oil and gas in two shallow water blocks SS-04 and SS-09 on 17th February 2014 at a ceremony held at Petrobangla.This was following the offshore bidding round-2012 announced by the Government of Bangladesh in 2012 in which OVL won the contracts for the two blocks. OVL is a subsidiary of ONGC ltd, the largest state... »