23 Aug, 2014

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Oil prices head lower on oversupply worries


Oil prices head lower on oversupply worries
NEW YORK, Aug 23, 2014 (BSS/AFP) - Oil prices retreated yesterday as investors focused on the prospect of having too much oil supply amid weakening de  [ ... ]

Sandwip to be brought under natl power grid


Sandwip to be brought under natl power grid
A 80-km long submarine power cable will be installed under Bay of Bengal to bring Sandwip under national power grid. To bring Sandwip under the nation  [ ... ]

Big Oil Discovery at Western Australia


Big Oil Discovery at Western Australia
US oil and player Apache has made what is being feted by some as potentially Australia’s largest oil discovery in the last 30 years, fuelling ho  [ ... ]

Implementation of Phulbari deal demanded


Implementation of Phulbari deal demanded
Politicians, academics and rights defenders on Friday demanded immediate implementation of Phulbari agreement signed in 2006 stating that open-pit met  [ ... ]

Indian Minister to Visit Bangladesh


Indian Minister to Visit Bangladesh
General (Retd.) V. K. Singh, Union Minister of State for Development of North Eastern Region (Independent Charge), External Affairs and Overseas India  [ ... ]

Ukraine s Next Crisis? Economic Disaster


Ukraine s Next Crisis? Economic Disaster
By Robert Bensh: Ukraine's next crisis will be a devastatingly economic one, as violent conflict destroys critical infrastructure in the east and bri  [ ... ]

No extra blocks to exploration companies in the Bay: Hasina


No extra blocks to exploration companies in the Bay: Hasina
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 Wedn  [ ... ]
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Drilling at Mubarakpur gas-field begins

Drilling at Mubarakpur gas-field begins

Bangladesh Petroleum Exploration and Production Company (Bapex) Friday started drilling at Mubarakpur gas-field in Sathia upazila of the district.
Petrobangla chairman Prof Hossain Monsur inaugurated the drilling work around 11am at the gas-field, the first of its kind in the country’s northern region, according to a news agency.
Bapex explorers noted that the ‘Mubarakpur Oil-Gas Exploration Well Project’ is a new geological structure for them to deal with.
Talking to reporters after the inauguration, the Petrobangla chair  [ ... ]

 
Power Sector
Time has come to replace inefficient captive power plants: Tawfiq
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  [...]
ADB Supports Public-Private Hydropower Project in Lao PDR
Modi offers Nepal $1b loan for build power plants and roads
BD, Nepal agree to set up jointy power sector
Indian pvt companies want to invest in BD power sector: Pankaj
SARI: Assess Regional Cross-Border Electricity Trade
more 
 
Gas Sector
Illegal gas connection won t be legalized
Illegal gas connection won t be legalized

Petrobangla Chairman Dr Hossain Mansur categorically said the illegal gas connections would not be legalized if there have pressure to do that. He made the declaration while addressing a training workshop titled “Fire Extinguish and First Aid”  organized by GTDCL and Fire Service and Civil Defense in city’s Titas Gas building on Monday. Dr Mansur sa  [...]
Gas Sector Achievements of Petrobangla in Last 5 Years
National Energy Security Day today
PM urges Gazprom to conduct more seismic surveys in Bangladesh for gas
Niko Can not sell or transfer any property from Bangladesh
Fourteen killed in India gas pipeline blast and fire
more 
 
Petroleum Sector
The Bigger Oil Story Behind the Headlines: Interview with Michael Levi
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  [...]
5 Industries Worried About Peak Oil
As Russia s Isolation Grows, Oil Companies Caught in Middle
Tullow wins appeal on Uganda oil claims
Tullow Oil share price: Explorer to challenge Ugandan tax ruling
Follow the Technology to the Next Oil Boom
more 
 
EB Reports
Long march to Sundarbans on Sept 5
Long march to Sundarbans on Sept 5

The National Committee to Protect Oil, Gas, Mineral Resources, Power and Ports on Monday announced its ‘March to Sundarbans’ programme for September 5-7, demanding withdrawal of Rampal power plant  project in Bagerhat. Committee member secretary Prof Anu Muhammad declared the programme schedule at a press conference at Udichi’s Topkhana Road headquarters.  [...]
Power, energy consumers to be brought under legal framework
Mexico signs energy reform into law ending 76yr monopoly
Govt should make a policy to use marine resources
Abu Bakar Siddique News Energy secretary
World Cup : Shakira set the stage on fire during closing ceremony
more 
 
Green Pages
IDCOL to Finance Solar Mini-grid Project at Narayanpur Union
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  [...]
ADB Loan to Help Unlock Indonesia s Clean Energy Potential
ADB Aids Sri Lanka s Push to Cut Fuel Oil Use, Boost Renewables
Rooftop solar power provision to be revised
WB to provide $78.4m for solar home
South-South Renewables Trade Grows Faster than Global Trade
more 
 
Coal Sector
Blast in China coal mine kills 2, traps 25 miners
Blast in China coal mine kills 2, traps 25 miners

A gas explosion at a coal mine in eastern China has killed at least two miners, and rescuers searched Wednesday for 25 more workers missing in the blast, state media reported. Twelve other miners were rescued from the privately owned mine in Huainan city in Anhui province after Tuesday\'s blast, one of whom suffered burns, the official Xinhua News Agency said. Rescuers  [...]
Ecnec approved Matarbari coal-fired power project
Open-pit mining at Barapukuria depends on water management
Phulbari People Organized rally demanding coalmine
Procession in Phulbari Demand for Coalmine
Chinese plans pose huge risk to coal investors
more 
 
Something to Say
Who Needs Russia? Ukraine Will Destroy Itself With New Gas Tax
Who Needs Russia? Ukraine Will Destroy Itself With New Gas Tax

By. James Stafford: Ukraine doesn\'t need Russia to take it down-Kiev is doing fine destroying itself, most recently with a new tax code that doubles taxes for private gas producers and promises to irreparably cripple new investment in the energy sector at a time when reform and outside investment were the country\'s only hope. Ukrainian President Petro Poroshenko on Au  [...]
Beating Bangladeshi children doesn t make them better citizens
Could Gang Violence End Mexico s Shale Dream?
World Cup hosts Brazil bans corporal punishment
How Much Energy Will the 2014 World Cup Consume?
Peak Pollution: China Aims For The Top So It Can Go Down
more 
 
Environment
Dhaka second worst city
Dhaka second worst city

Dhaka has been ranked as the second least liveable city among the world\'s 140 cities in this year\'s Global Liveability Index released by the Economist Intelligence Unit. Only Damascus in war-torn Syria lags behind Dhaka, which was placed in second position last year too and at the bottom the year before. The list is prepared based on the scores across a range of criter  [...]
Climate change to eat up 9% of GDP growth : ADB
$111m ADB loan for Bangladesh
Launch sinks in Padma with over 200 passengers
Take effective steps to make Buriganga pollution-free: PM
New Book Urges Land Solutions to Solve Climate Change Displacement
more 
 
 
 
 

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