The government of Sheikh Hasina led Grand Alliance on the evening of 12th achievement for touching the milestone in power generation capacity of 10,000-megawatt with a grand and cheerful jubilation. The celebration was launched in the evening with a spectacular fireworks and laser show at the picturesque Hatirjheel Lake in the capital. The lake, meticulously designed with bridges, overpasses and walkways, took a different look amid presence of thousands of people during the dazzling fireworks.
Opening the celebration [ ... ]
EIB to provide loan for Bangladesh s power sector project
The European Investment Bank (EIB) is providing €82m loan to Bangladesh in support of a project that aims to boost the country\'s power generation, transmission and distribution capacity.The loan will finance two specific projects under the program that include conversion of the Baghabari and Shagibacar gas-fired plants to combined-cycle power plants, leading to efficien [...]
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 [...]
BEIJING: China is set to overtake the United States to become the world’s largest net oil importer from October, according to US figures.
Next year, China’s net oil imports will exceed those of the United States on an annual basis and the gap between them will continue to widen, the US Energy Information Administration (EIA) said. China is already the biggest [...]
The Unnayan Onneshan, an independent multidisciplinary think-tank, in its latest issue of Bangladesh Economic Update states that the industrial sector is witnessing decelerating rate of growth, indicating its contracted share in gross domestic product (GDP) and reduction in expansion of GDP in the current year.
The growth in manufacturing was 9.34 percent in FY 2012-13 which [...]
Government Unfolds Country Action Plan for Clean Cookstoves
Age old cooking practices in the country cause severe health hazards for women and their families who breathe in the dangerous smoke, as well as have devastating impacts on the environment. To bring about a much needed change in this existing scenario and to build on the foundation of several successful programs currently underway, Government of Bangladesh is set to kick off it [...]
The process of water management system to extract coal from all coal mines of northern parts of the country including Boropukuria, Fulbaria coal mines is being reviewed. Institute of Water Modeling (IWM) will review this system. This organization will prepare a report on way forward and the impact on water and environment.
A high official of IWM said, recently we have inform [...]
Canadian Energy Stocks Set for a Rebound? Interview with ColinSoare
As Canadian energy stocks are finally seeing a bit of a push, and demand for Canadian commodities looks set to rise, juniors are confident that economics will ensure that Canadian oil—the cheapest in the world—will find its way to more markets, with or without Washington\'s approval of Keystone XL. In the meantime, some sweet spots in the Western Canada Sedimentar [...]
UN Climate Conference in Warsaw keeps governments on a track towards
(Warsaw, 23 November 2013) The UN Climate Change Conference in Warsaw ended on Saturday, keeping governments on a track towards a universal climate agreement in 2015 and including significant new decisions that will cut emissions from deforestation and on loss and damage.
“Warsaw has set a pathway for governments to work on a draft text of a new universal climate agreeme [...]