Energy Bangla

Chairman of parliamentary watchdog on power and energy ministry Md Tajul Islam on Sunday said that he was shocked as the authorities concerned had failed to stop illegal connections of power and natural gas. ‘The situation remained unchanged despite the parliamentary watchdog addressed the matter on several occasions,’ he said at a seminar on National Energy Security Day- 2015 hosted by Petrobangla, the state-run Oil, Gas and Mineral Resources. ‘Anarchy... »

Bangladesh has become a lower-middle income country with the Gross National Income per capita (GNI), joining those with annual incomes of $1,046 to $4,125. The World Bank in a posting on its website says it revises the income classification of the world’s economies every year on July 1 through calculation using the World Bank Atlas method. The new World Bank figures show that Malawi has the world’s lowest reported GNI... »

In pursuance of the Joint Declaration issued on the occasion of the visit of the Prime Minister of India Mr. Narendra Modi to Bangladesh from 6-7 June 2015, the Government of India has conveyed its concurrence to the request made by the Government of Bangladesh to open a Deputy High Commission in Guwahati, India. The Bangladesh Deputy High Commission will have consular jurisdiction over the states of Assam, Meghalaya, Mizoram,... »

Chevron Bangladesh recently awarded scholarships at separate events in Habiganj, Sylhet and Moulavibazar as a part of its ongoing yearly scholarship distribution program for financially disadvantaged, meritorious students. In all, 1,668 students from 41 educational institutions near Chevron’s Bibiyana, Jalalabad and Moulavi Bazar natural gas fields were awarded stipends this year. After Ramadan, scholarships will also be distributed amongst 49 students who received excellent grades in the recently published results... »

Oil from the tank-wagons that sank in a canal at Boalkhali in Chittagong has spread to the Karnaphuli River, threatening more environmental damage. Two wagons of a train, full of oil, fell off a bridge that caved in at Boalkhali on Friday. They could not be pulled out until Saturday noon. Railways officials have said it would take the entire day to pull out the cars. The furnace oil in... »

State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Wednesday announced that shops and markets will get uninterrupted electricity from the national grid up to 10:00pm every day till the 15th of Ramadan as there is no electricity shortage in the country. Following a meeting with the owners of shops and markets at Biduyt Bhaban in the city, the State Minister said, “As the power generation scenario is... »

Bangladesh, Bhutan, India and Nepal today signed a framework agreement allowing movement of personal, passenger and cargo vehicles through roadways among the four countries. The Motor Vehicles Agreement (MVA) was signed in Thimphu, Bhutan at a meeting of Transport Ministers of the four SAARC countries aimed at boosting road connectivity in the region, said a joint statement issued after the meeting. Obaidul Quader, Minister of Road Transport and Bridges, signed... »

Chevron Bangladesh kicked off its blood donation drives for 2015 on June 8th to mark World Blood Donor Day. This year, 419 staff came forward to donate blood from Chevron’s Dhaka office and gas field locations of Bibiyana, Jalalabad, Moulavi Bazar and the Muchai Compressor Station. The daylong drive in Dhaka was inaugurated by Chevron Bangladesh President, Kevin Lyon. In his remarks he said, “This year’s theme, “Thank You for... »

The rate of inflation in May came down to 6.19 per cent after witnessing the rising trend in three consecutive months in the fiscal 2014-15 year. Point-to-point inflation in April was 6.32 per cent while it was 6.27 per cent in March. “Prices of all sorts of goods and items as well as fuel in international market pushed the country’s inflation towards backtrack in May,” Planning Minister A H M... »

Bangladesh economy has secured 44th position globally jumping 14 steps ahead as per the current prices of Gross Domestic Product (GDP) buoyed by the healthy and persistent growth in the last few years. In 2015, the size of country’s GDP expanded to US$ 205.3 billion, which was US$ 149,990 million in 2013 with the 58th position. Besides, based on the purchasing power parity 2015, Bangladesh also upgraded its position by... »