Energy Bangla

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Dhaka Tuesday,  Oct 4, 2022

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Due to rising import costs, the country’s dollar reserves are dwindling. As a consequence, Bangladesh Bank has issued restrictions on importing non-essential goods to safeguard reserves. Meanwhile, the export revenue from the garment industry and expatriate workers’ remittances have not seen an expected growth. Despite the restrictions, the import cost is increasing due to the high demand and price of essential goods. The biggest challenge now is maintaining the supply... »
Energy policy has always been an issue for all nations in the world since, as a result of industrialization, electricity use has been rising quickly and has become increasingly important in people’s lives and to national economies. On 5% of the planet’s landmass, nearly a fourth of the world’s population resides in South Asia. Between 1990 and 2015, South Asia’s electricity production increased rapidly, from 340 terawatt hours (TWh) in... »
Up to eight more nuclear reactors could be approved on existing sites as part of the UK’s new energy strategy. The plan, which aims to boost UK energy independence and tackle rising prices, also includes plans to increase wind, hydrogen and solar production. But experts have called for a bigger focus on energy efficiency and improving home insulation. Consumers are facing soaring energy bills after the Russian invasion of Ukraine... »
Indian billionaire Gautam Adani, who has made his fortune in coal, ports, and green energy, became Asia’s richest person on Monday, moving ahead of another Indian mogul, Mukesh Ambani, in the Bloomberg Billionaires Index. Adani’s total net worth as of early February 8 stood at $88.5 billion, ahead of Ambani’s $87.9-billion net worth, the index showed. Apart from being the richest person in Asia, Adani is now the tenth richest... »
Majhar Mannan: On the occasion of Mujib’s birth centenary and the golden jubilee of Bangladesh’s independence, the Bengali nation is going to receive a great achievement. With the establishment of the last slab, the Padma Bridge has got a complete shape and the dream of the people of Bangladesh is about to be fulfilled and Bangladesh is going to touch a huge milestone in the field of communication. The last... »
Khondaker Golam Moazzem: Despite repeated urgings, the government hasn’t been able to provide a clear direction in achieving its clean energy goals. Source: Star file photoRecently, reports of two contradictory developments in the power and energy sector have befuddled readers in Bangladesh. The first report was published on June 28, stating that the state minister for power, energy and mineral resources in a press conference announced that the government decided... »
In order to survive in this age of globalization, we must focus on information technology. It is almost impossible to keep pace with the current world without the development of information technology. Bangladesh is a developing country and the concept of digital Bangladesh is a dream for us. Digital Bangladesh Day will be celebrated on 12th December and extensive preparations are being made for this. The Bangladesh Awami League announced... »
The pandemic will change the world forever. Like the fall of the Berlin Wall or the collapse of Lehman Brothers, the coronavirus pandemic is a world-shattering event whose far-ranging consequences we can only begin to imagine today. The World Health Organization (WHO) has declared a global pandemic which is known as COVID-19 that has spread to at least 170 countries and territories, killing more than 34,000 people and infecting more... »
The world’s oil and gas explorers powered ahead and discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates from Rystad Energy. Last year recorded 26 discoveries of more than 100 million boe, with offshore regions dominating the list of new oil and gas deposits. Guyana’s success story from 2018 continued in 2019, with ExxonMobil adding four new discoveries within its offshore... »
The Energy Information Administration (EIA) estimates that the world consumed 96.92 million barrels per day in 2016, with the top 10 consumers accounting for 60 percent of the total consumption. That’s nearly 100 million barrels per day. At today’s average oil price of $60 per barrel for Brent crude, that’s $5.8 billion consumed. Every. Day. The top three oil consumers—the United States (20%), China (13%), and India (5%) account for... »