Energy Bangla

Energy electricity and environment news portal

Dhaka Saturday,  Mar 23, 2019

Something to Say

A massive movement against using fossil fuels is taking place all around the world. Germany has created example to others by taking attempts to shift traditional sources of energy to 100 percent renewable energy. Basically, energy transition is appreciated for reducing world carbon emissions and facing the challenges of global warming sustainable. Very recently, Bangladesh has attained the status of low-middle income country by World Bank. Over the last few... »
In 2013 the Brick Manufacturing and Brick Kilns Establishment (Control) Act has been passed to establish control over brick manufacturing and brick kiln establishment for the interest of conservation and development of environment and biodiversity. This Act came into force from 1st July 2014, and permits two years’ time limit to convert the brick kilns into modern technology and relocate thereof. After three years of enactment of this Act, now... »
Fuel price is decreased finally but the mass people won’t be able to get the benefits of this nominal price cut. Majority of the people of this country are low income and are the implicit beneficiaries of fuel price. Besides, Bangladesh doesn’t have the right managerial infrastructure to extend the advantages of price cut to the doorsteps of those people. The prices of diesel and kerosene have been brought down... »
On Monday, Saudi Arabia released a blueprint for the future, a plan for the Kingdom that could alter the course of its history. The “Vision for the Kingdom of Saudi Arabia” could radically transform Saudi Aramco, the Saudi economy, and the country’s social structure. The plan has been pioneered by the 30-year-old Deputy Crown Prince Mohammed bin Salman, the second in line to the King, who has emerged as one... »
Fossil fuels include hydro-carbon, coal, fuel oil or natural gas which are formed from the remains of dead plants and animals etc. Coal is the dominant fossil fuel occupying 40% and oil is the second dominant 37% of all fossil fuels. From 1990 to 2008, the use of fossil fuel has increased substantially. As a result the emission of carbon has risen from 6.4 Pentagrams of Carbon (PgC) per year... »
Bangladesh has been overwhelmingly dependent on her own natural gas for a long time. Imported fuel has been a minor part of its energy basket. But the recent depleting trend of the gas reserve is likely to put an end to the better years. Energy observers are pointing out that the country is gradually leaning toward imported supply of energy sources and it will not be too long before the... »
Business is business, so why not buy oil from ISIS. The Russians claim the Turks are doing it, and in all likelihood even Assad is buying it. No one can fight a war without oil, according to Robert Bensh, partner and managing director of Pelicourt LLC oil and gas company. But while the politically unhinged are coming out the woodwork, the more important aspects of this story remain elusive to... »
With Prices Below $50, what is a stripper to do? With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. As producers confront this unpleasant reality, some will finally start to significantly curtail or even shut down operations. And that is going to severely hurt... »

Keystone Quarterly Review

Crude Oil Imports Reduced

Crude oil imports reduced from May to June followed by an increase in July. Compared to the same quarter last year, crude oil imports rose by 83% in May followed by a 73% decline in June and an increase of 5% in July. Petroleum products experienced a declining trend in imports throughout the quarter, similar to the same period last year. P Gas production is showing a declining trend from... »
Oil and gas companies have had a tough time over the past year trying to weather the storm of falling oil prices. But the political and financial winds are moving in the wrong direction for the industry, raising more “above ground” problems at a time that they can ill-afford it. Drilling oil and gas wells requires a lot of money. For companies that have seen their revenues vanish because of... »