Energy Bangla

Energy electricity and environment news portal

Dhaka Sunday,  Feb 18, 2018

Gas Sector

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... »
petrobangla-feb Petrobangla would going to sign a contract on 17th February with Indian state-run Oil and Natural Gas Corporation (ONGC) for oil and gas exploration in two shallow sea blocks, the officials said. The government is scheduled for Monday to sign contracts with the Indian state-run company for oil and gas exploration in shallow sea blocks 4 and 9 under the Model Production Sharing Contract 2012. In late November 2013, the... »
thumbsss.php Tullow Chief Executive, Aidan Heavey, said: “Tullow performed well in 2013. The business generated almost $2 billion of operating cash flow and has established a flexible and strong balance sheet. The Group delivered another year of exploration and appraisal success and production growth and made significant progress with its key developments in Ghana, Kenya and Uganda which will deliver major increases in cash flow over the next 3-5 years. An... »
thumbwoman Interview by James Stafford: The potential for a golden age of gas comes along with a big “if” regarding environmental and social impact. The International Energy Agency (IEA)—the “global energy authority”–believes that this age of gas can be golden, and that unconventional gas can be produced in an environmentally acceptable way. In an exclusive interview with energybangla.com, IEA Executive Director Maria van der Hoeven, discusses: The potential for a golden... »
govt-targets-to-possible The government is going to complete the process of awarding the LNG terminal, by June next at Moheshkhali Island in Cox’s Bazar to overcome acute gas shortage from next year. Petrobangla Chairman Hossain Monsur said, We have targeted to award the terminal by June this year and hopeful of setting up the terminal within 18 months after award. He said, the prime minster ordered me to complete the project immediately.... »
petrobangla-feb Petrobangla will sign deal with two international oil companies (IOCs) next month to explore three shallow sea blocks in the Bay of Bengal. Of the companies, US-based ConocoPhillips had already got two blocks in 2011 while India`s state-owned ONGC Videsh Ltd is going to operate in Bangladesh for the first time. Petrobangla Chairman Hossain Monsur told, We have completed all preparations to sign deal with ConocoPhillips and ONGC for this... »
aaa Petrobangla received a single joint-venture between US company ConocoPhillips and Norwegian company Statoil for oil and gas exploration in deep sea, block DS-12, DS-16 and DS-21 in the Bay of Bengal. The single response came following an international tender floated by Petrobangla on October 26, 2013 after the government amended the model Production Sharing Contract 2012 offering international oil companies more commercial benefits and stake in the produces. Petrobangla opened... »
aasharedhaka Singapore-bases oil company Krisenergy is likely to take office in Dhaka. KrisEnergy will be able to start Bangladesh operations with its proposed new name `KrisEnergy Bangladesh Ltd’. Petrobangla officials said, ` We gave the nod of stake transactions after checking the documents of stake sales as those seemed acceptable,” He said, KrisEnergy Bangladesh Ltd’ on completion of some formalities including paying of necessary taxes in Bangladesh, as operator and 30... »