Govt to Procure 50,000 Tonnes Gasoline

The government on 23 September approved a proposal in principle for procuring some 50,000 tonnes of gasoline to meet the growing demand for energy.

the approvals came from the 38th meeting of the Advisers Council Committee on Government Purchase held at the Cabinet Division conference room at the secretariat with Finance Adviser Dr Salehuddin Ahmed in the chair. Following a proposal from the Energy and Mineral Resources Division, the meeting approved a proposal in principle for importing 50,000 tonnes of Gasoline 95 Unleaded (Octane) during July to December 2025 from PT Bumi Siak Pusako Zapin (BSP), Indonesia at a cost of Tk413.44 crore.

 Fire at Satkhira Grid Station Cuts Power for 3 hrs

A fire has broken out at the main power grid station in Satkhira Sadar Upazila recently, plunging the entire district into a three-hour blackout.

the incident occurred when a transformer at the 132/33 kV power grid station in Binapota area exploded, according to Russell Islam, the official in charge of the Satkhira grid line. The Fire Service said the flames suddenly erupted following the explosion of a transformer. Two firefighting units rushed to the scene and managed to bring the fire under control after about an hour. No casualties were reported. Nurul Islam, a warehouse inspector with the Satkhira Fire Service, said preliminary assessments suggested the fire may have been triggered by overheating of the transformer or an electrical short circuit.

 IEA Says More Oil, Gas Investment to be Required

New oil and gas projects may be necessary to maintain current production levels, the IEA said recently, as it is in a public feud with the Trump administration over its forecasts for lower demand.

the International Energy Agency said in a report that its analysis of 15,000 oil and gas fields showed that output was declining more rapidly than in the past, which has ‘implications for markets and energy security’.

the Paris-based agency produces annual reports about energy trends and has forecasted that oil demand will peak by the end of the decade, which would have considerable implications for investment in further oil production. The forecast, along with its implications for pledges by some governments to reach carbon neutrality, has drawn ire from the oil and gas industry.

the agency has also faced criticism over the past months from the administration of US President Donald Trump, with Energy Secretary Chris Wright threatening in July to pull out of the IEA if it did not reform how it operates.

 PETRONAS Carigali Adding Geoteric AI Sofware to EandP Operatons

Geoteric will supply its AI software to help PETRONAS Carigali firm up new exploration prospects, with the duo also planning to collaborate on new AI-based technology developments. Geoteric, a developer of AIdriven software, has signed an agreement to strengthen its partnership with PETRONAS Carigali.

it would involve use of AI to identify new hydrocarbon prospects more quickly increase the company’s drilling success rate and speed up its exploration activities in general. Geoteric claims that its service for integration into existing geoscience workflow, has helped deliver reductions in cycle times of up to 90%, helping geoscientists take faster, better informed decisions, and ultimately providing quicker payback on seismic data investments.

 Omera to Generate Solar Power in Unused Land Near Padma Bridge

Omera Renewable will generate 6MW of solar power within the next six months by using the unused spaces of the Padma Bridge service areas. An agreement on this was signed between Bangladesh Bridge Authority and Omera Renewable Energy Ltd recently.

according to a media statement, Bridge Authority Chief Engineer Quazi Ferdous and Omera Renewable Energy CEO Masudur Rahman signed the contract.

the statement said the contract was signed under the directives of Fouzul Kabir Khan, advisor to the Road Transport and Bridges Ministry.

at his instruction, an IDCOL team carried out a feasibility study on the potential for rooftop solar power generation at the Padma Bridge service areas.

the study report found that Service Area-1 has the capacity to generate 1,966KW, Service Area-2 2,948KW, and Service Area-3 around 1,119KW, making a total of 6,033KW.

the contract with Omera Renewable is worth Tk 230 million.

the project is scheduled to be completed within six months, by Mar 14, 2026.

 New Analysis Shows Renewables at the Heart of National Climate Targets

As governments prepare to meet at the UN SecretaryGeneral’s Special HighLevel Event on Climate Action, new analysis conducted by 350.org and Zero Carbon Analytics shows that renewable energy is fast becoming the backbone of national climate strategies.

a new analysis of the first 36 NDC 3.0 submissions (countries’ updated Nationally Determined Contributions under the Paris Agreement) finds that about 70% either set new renewable energy targets or already have ambitious expansion plans and a high percentage of clean energy domestically. These pledges extend to 2035 and are the first since the Paris Agreement’s Global Stocktake, which called for stronger sectoral action.

the report comes after hundreds of thousands of people filled streets around the world to draw the line on climate inaction. The findings also show broad alignment with the COP28 commitment to triple global renewable energy capacity by 2030, signaling real momentum ahead of COP30 negotiations.

 ABB Invests Over $500m in US Facilities to Support Growing Demand in Energy, Data Sectors

Swiss-based global energy technology firm ABB Inc.

is upping its greatly expanded investment in U.S. manufacturing by another $110 million this year to strengthen research and development around advanced electrification for the commercial and industrial sectors.

the latest manufacturing investment follows ABB’s $170 million commitment to its U.S. facilities two years ago. Those include projects around motor drives in Wisconsin and manufacturing, robotics, and other services in New Mexico, Georgia, Tennessee, Michigan, Pennsylvania, and South Carolina.

this month’s investment expansion could create nearly 200 new jobs in products serving growth industries such as data centers and the power grid.

the International Energy Agency and other forecasters, such as Goldman Sachs, are predicting significant demand growth driven by artificial intelligence and cloudbased computing, as well as industrial and transportation electrification.

the $110 million new investment will help create a new production line in Mississippi for ABB’s Emax3 circuit breakers.

the capital will also be spent to double the footprint of ABB’s power quality and protection equipment manufacturing in Richmond, Virginia, which is opening later this year.

 Power Crisis Grips Sylhet Causing Severe Su?ering

The residents of Sylhet city are facing a severe electricity crisis as frequent load -shedding has caused immense suffering recently amid sweltering heat. Large parts of the city plunged into darkness, leaving residents struggling to cope with.

the Bangladesh Power Development Board (BPDB) in Sylhet said the country is experiencing power cuts due to several major plants going off suddenly because of mechanical failures. BPDB officials, however, expressed the hope that the situation may improve within two to three days.

officials in Sylhet said multiple outages are being carried out both during the day and night owing to a shortage in the national grid.

the crisis could ease if supply from the grid increases.

 Woodside Signs LNG Supply Deal with Malaysia

Woodside Energy and Petronas have formalized a 15-year LNG supply agreement, which may include volumes from the recently sanctioned Louisiana LNG project. Woodside Energy Trading Singapore Pte Ltd (Woodside) and Petronas LNG Ltd. (PLL), a subsidiary of Petroliam Nasional Berhad (Petronas), have finalized a fully termed sale and purchase agreement (SPA) for the supply of 1 million tonnes/year (tpy) of LNG to Malaysia from 2028 for a period of 15 years.

this finalized sale converts the non-binding heads of agreement (HOA) signed in June 2025 into a binding commitment, which will see Woodside supply LNG from its global portfolio, which may include volumes from the three-train, 16.5 million tpy Louisiana LNG project in the US, sanctioned earlier this year, the company said in a release Sept. 10.

the Louisiana LNG development has expansion capacity for two additional LNG trains and is fully permitted for a total capacity of 27.6 million tpy.

 Excelerate Launches Tree Plantation Drive in Moheshkhali

Excelerate Energy Bangladesh Limited (EEBL) has expanded its corporate social r e s p o n s i b i l i t y (CSR) efforts with the launch of its Tree Plantation Program 2025, held at the Excelerate HOPE Hospital in Moheshkhali. The initiative is part of EEBL’s broader commitment to sustainability, community engagement, and environmental protection in Bangladesh.

the program, inaugurated on September 3, 2025, was attended by senior officials, including Ambassador (ret.) Peter Haas, Strategic Advisor of Excelerate Energy; Mr. Habib Bhuiyan, Country Manager of EEBL; Mr.

atiq Islam, Finance Director; Capt. Harunur Rashid, Terminal Manager, and representatives from Shakti Foundation and Hope Foundation. During the event, several indigenous and eco-friendly species such as Kishnochura, Bokul, Hasnahena, Neem, Palm, Debdaru, Mango, and Jackfruit were planted within the hospital premises to enhance greenery and community well-being. Speaking at the program, Ambassador (ret.) Peter Haas emphasized the company’s long-term vision: ‘The planting of indigenous and ecofriendly species is symbolic. It demonstrates Excelerate Energy’s commitment to put down local roots and to operate in an environmentally responsible manner.’