Dhaka Tuesday, Jul 14, 2026
- Government Begins Talks with IMF for a New Loan Program
- Power Division Opens Control Room to Address Flood Situation
- It Will Take Time to Break Free from the Cycle of Corruption in the Power Sector: Information Minister
- Electricity Prices Increased for All Consumers
- Approval Given to Purchase Three LNG Cargoes
- Diesel, Kerosene Prices Cut By 50p For November
- AI Boom To Fuel Natural Gas Demand In Coming Years, Report Says
- Bangladesh signs €477m deals with EU and EIB for renewable energy and more
- The Current Oil Price Rally Is Reaching Its Limits
Gas Sector
18 December 2013 – Tullow Oil plc (Tullow) announces that the Paon-2A appraisal well in the CI-103 licence offshore Côte d’Ivoire has determined the down-dip extent of the Paon oil accumulation. The well encountered the water below the oil accumulation discovered at the Paon-1X well and pressure logging has located the likely oil water contact. To minimise the number of appraisal wells, Paon-2A was located 15km south west and approximately... »
Another drilling rig will be added to the fleet of the Bangladesh Petroleum Exploration and Production Company (Bapex) in February, 2014. To gear up the activities of drilling oil and gas, Awami League government has so far purchased three drilling and work-over rigs.This would be the sixth rig for the Bapex. In August, 2012, the Bapex signed a deal with Chinese Honghua Petroleum Equipment Company Ltd for procurement of the... »
The signing of contracts with US-based ConocoPhillips and India’s ONGC Videsh Ltd for awarding three shallow water gas blocks looks uncertain due to the country’s ongoing political standoff. ConocoPhillips obtained the block SS-7 while ONGC got the blocks SS-4 and SS-9 through participating in the international bidding invited early this year by state-owned corporation Petrobangla. Petrobangla Chairman Dr. Hussain Monsur said. `We’re ready to sign the final contracts with the... »
Engr. Khondkar Abdus Saleque: Following resumption of gas supply to CUFL after 10 months of suspension has further aggravated gas famine of Industrial City Chittagong. Gas supply to all power plants in the Chittagong region remains suspended. All consumers including domestic commercial, Industrial, CNG are suffering from serious gas draught. Gas supply crisis in Chittagong has adversely affected industrial production .Export Oriented Industries are major sufferers. Now the recent situation... »
State-owned Petrobangla is likely to award three shallow water blocks to US-based ConocoPhillips and India’s ONGC for oil and gas exploration by December. In the international bidding invited early this year, Conoophillips submitted a bid for Block SS-7 while ONGC submitted bids for Blocks SS-4 and SS-9. According to official sources, the bid proposals of the two IOCs have already received the approval of the government’s top level. ‘The Cabinet... »
The energy division on 18 November approved a proposal of a US firm for setting up an LNG terminal at Moheshkhali in the Bay of Bengal waiving a condition of paying the bid bond and allowing it to pay 41.5 per cent less performance guarantee, officials said.The decisions came from a meeting headed by the energy division secretary Md Mozammel Haque Khan. According to the bid document, the US firm... »
The country is likely to get 300 million cubic feet of new gas per day (mmcfd) from Chevron’s ongoing expansion project at Bibiyana field. Sources at the energy sector said the US-based international oil company’s $500-million expansion work is nearing its target and expected to be completed by the end of 2014, raising the prospect of getting new gas. According to the sources, over 60 percent of the... »
DHAKA, Oct 29, 2013: Putting emphasis on strengthening Bangladesh Petroleum Exploration and Production Company Ltd (Bapex), Prime Minister Sheikh Hasina today said the state-owned company should have a share in the agreement with foreign companies on exploring oil and gas. “I would like to tell the authorities concerned to strengthen the Bapex further and train up its manpower so that we could ourselves explore gas and oil,” she said. Besides,... »
State-owned Bangladesh Petroleum Exploration and Production Company (Bapex) on 20 November started drilling at highly prospective gas structure in Titas gas field, which is expected to add 30 million cubic feet of gas (mmcfd) per day to the national grid. Petrobangla Chairman Dr. Hossain Monsur inaugurated the well drilling work, which has been taken up at a cost of nearly TK 110 crore. Bangladesh Gas Fields Company Limited (BGFCL) Managing... »
Chevron Bangladesh Block Twelve Ltd. plans to perform it’s scheduled maintaennance and upkeep of the Bibiyana gas plant during the upcoming Eid and Durga Puja Holiday’s from 15th October to 19th October 2013. as a part of the maintenense, there will be a temporary halt in production from the Bibiyana gas plant. The operation has been timed to coincide with the Holiday closure as national consumption will be at lowest... »