Prime Minister Sheikh Hasina has firmly stated that no company will get more than one block in the Bay of Bengal to explore oil and gas.
During Wednesday’s meeting at her office, Hasina also directed the floating of fresh tenders for this.
The ministers of finance, shipping, industries, water resources, environment, land, planning, civil aviation, and foreign affairs, and the navy chief, among others, were present at the meeting.
“The meeting discussed ways to harness the mineral resources in the Bay and using them for the peop [ ... ]
Time has come to replace inefficient captive power plants: Tawfiq
Prime Minister\'s Adviser Dr Tawfiq-e-Elahi Chow-dhury Saturday said the government is considering to enact a law to legally compel the consumers to save energy by ensuring its efficient use to cope with the yawning demand-supply gap.
He said under the plan, industrial and domestic users will be given a certain period of time to replace their old and inefficient energy equ [...]
Gas Sector Achievements of Petrobangla in Last 5 Years
Prof. Dr. Md. Hussain Monsur:
Bangladesh territory, being one of the largest deltas of the world, kicked off its indigenous oil and gas exploration efforts a century years back to cover its onshore and offshore areas. In 1908, the Indian Petroleum Prospecting Company first attempted exploration activities in Sitakund and conducted first exploration drilling there in 1910 with [...]
The Bigger Oil Story Behind the Headlines: Interview with Michael Levi
While we fixate on sexy headlines about Chinese military threats in the South China Sea, for instance, or Washington \'lifting the ban\' on crude oil exports, we miss the bigger stories—and we miss the reality. China\'s relentless resource quest has the greatest impact on trading prices, which may not make for headline news, but is a very important reality, while th [...]
Power, energy consumers to be brought under legal framework
Prime Minister’s Power and Energy Adviser Dr Tawfiq-e-Elahi Chowdhury yesterday said power and energy consumers would be brought under legal framework in order to save energy.
“Now, it’s the time to set timeframe for power and energy consumers to ensure efficient use of electricity and gas, If they fail, then legal measures would be taken,” Elahi said [...]
IDCOL to Finance Solar Mini-grid Project at Narayanpur Union
Infrastructure Development Company Limited (IDCOL) signed Financing Agreement with GRAM er Alo Limited (GEA) for setting up a 158.3 kW solar mini-grid Project at Narayanpur Union, Nageshwari, Kurigram. Under the Project, GEA will provide electricity to adjacent 609 households and 145 commercial entities. Total cost of the project is BDT 6.27 crore. IDCOL will provide 30% of the [...]
Open-pit mining at Barapukuria depends on water management
The proposed open-pit mining at Barapukuria coal mine in Dinajpur depends on lifting of 344 million cubic metres of water and its successful management.
This was disclosed at a workshop on water modeling at Barapukuria coal mine held in Dhaka on Thursday.
Petrobangla Chairman Prof Hossain Monsur, former Petrobangla chairman Mosharaf Hossain, Petro [...]
Beating Bangladeshi children doesn t make them better citizens
SIR FRANK PETERS:
There is an horrific misconception in some societies that beating children help them become better people. All logic and a massive hill of evidence to the contrary is totally ignored. Some people even have the audacity to equate corporal punishment with discipline, which is totally ludicrous.
Schools and madrasahs play an enormous role in the shaping of so [...]
Bangladesh has signed two separate loan agreements with the Asian Development Bank for tackling river bank erosion and improving farmland and irrigation systems for agriculture. The Manila-based lender says Bangladesh will use $46 million loan for a project on sustaining high growth and productivity in agriculture. The other agreement for $65 million loan will support state-of- [...]