Before the sanctions on Russia, Sakhalin used to produce around 2 million tonnes (mt) of crude oil annually, of which OVL's share was around 40,000 net barrels of oil and oil equivalent of gas. Before the sanctions on Russia, Sakhalin used to produce around 2 million tonnes (mt) of crude…
Fossil fuel giants suppressed human rights and justice principles in the 27th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP27) that took place in Egypt in November last year, said civil society organizations. "Instead of reaching a commitment for deeper emission cut in line…
Thai Bridgestone Co., Ltd., (TBSC) announced that it has installed solar rooftop panels to directly power the tire production process in its Nong Khae plant, in Saraburi province. The largest solar rooftop panel among the Bridgestone Group with a total capacity of 9.95 MWp, is expected to generate a 97,500…
Prime Minister Sheikh Hasina recently asked the businesspeople and industrialists to pay at least the production cost of electricity and gas if they want to avail uninterrupted services. "If you want uninterrupted electricity and gas, then you have to pay the production cost or procurement cost at least. How long…
Islami Bank Bangladesh Limited and Jalalabad Gas Transmission and Distribution System Limited (JGTDSL) signed a Memorandum of Understanding (MoU) under which consumers of JGTDSL will be able to pay gas bill at any branch and sub-branch of the bank or by using the bank's app Cellfin or iBanking. Muhammad Nurul…
Bangladesh Power Development Board has opened a 24-hour call center for its consumers. From January 1, PDB clients can get all kinds of information by calling hotline 16200. Customers can also lodge complaints through mobile apps which will automatically reach the four distribution areas of PDB, said a press release.
In 2022, AFD and the Economic Relations Division of the government of Bangladesh signed a host country agreement (HCA) for the establishment of AFD activities in Bangladesh, a successful outcome of years of negotiations between the French and Bangladesh governments. This was a crucial step which came after 10 years…
The sudden increase in power tariffs has created serious criticism among the people due to the procedure the government followed to do so, if not the extent of the hike. The prices of electricity have been increased through an executive order on 12 January, triggering the controversy that the bureaucracy…
Uniper SE brought Germany's first full load of LNG to the new Uniper-operated, 7-8 billion cu m/year (bmcy) LNG terminal in Wilhelmshaven. The Maria Energy LNG vessel, owned by Tsakos Energy Navigation, was loaded at Venture Global LLC's 10million tonne/year Calcasieu Pass liquefaction plant in Cameron Parish, Louisiana, on Dec.…
The 'Bangladesh Energy Regulatory Commission (amendment) Ordinance, 2022' was passed in Parliament recently which paved the way for the government to adjust the prices of gas and electricity without public hearing. Law Minister Anisul Huq placed the ordinance in the House. President Abdul Hamid promulgated the ordinance on December 1…