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Govt in talks with Aramco to sign MoU

Dhaka, Aug. 28 -- The interim government is currently in talks with Saudi oil giant Aramco to ink a memorandum of understanding (MoU) to ensure cooperation in the energy sector. State-run Petrobangla... Read More


Renewable energy policy: Hopes and happenings

Dhaka, Aug. 10 -- Seventeen years after its first renewable energy framework done, Bangladesh has launched the Renewable Energy Policy 2025, aiming to generate 20 per cent of total electricity from re... Read More


Operational cost of single-point mooring to far exceed estimate

Dhaka, Aug. 9 -- The overall cost of operation of the country's maiden Tk 80 billion single-point mooring (SPM) to carry petroleum products from the sea to land is set to be much higher than the estim... Read More


Int'l court asks BAPEX to pay $42m to foreign oil company

Dhaka, Aug. 6 -- Bangladesh stands to lose around US$42 million to a breakaway foreign oil-and-gas company following an international-court verdict on a dispute over payment for gas-well drilling. Th... Read More


Govt provides sovereign guarantee to WB for LNG import financing

Dhaka, Aug. 3 -- The government has extended a sovereign and indemnity guarantee to the World Bank (WB) to support Petrobangla's costly liquefied natural gas (LNG) imports, ensuring payment if the sta... Read More


Govt moves to amend PPAs, slash tariffs of 9 plants

Dhaka, July 25 -- The interim government has initiated steps to amend power-purchase agreements (PPAs) and lower tariff rates for nine power plants that have been selling electricity to the Bangladesh... Read More