Energy News

The price cap on energy bills for most British households is to fall again, regulator Ofgem announced on Friday, offering mild relief amid the ongoing cost-of-living crisis.

Wholesale gas prices in Europe have fallen after a planned strike at Australia's largest liquefied natural gas plant looked to have been averted.

Foreign Minister AK Abdul Momen has expressed keen interest in buying LNG from Algeria to meet Bangladesh's growing demand due to the country's economic expansion.

Green jobs can help reduce negative environmental impact and ensure environmentally, economically, and socially sustainable enterprises

Increase in sales commission
Tank-lorry economic life to 50yrs
Issuing gazette notification

Oil prices dropped on Wednesday, as traders were cautious ahead of potentially gloomy manufacturing data and an annual meeting at Jackson Hole, where heavy-hitter central bankers including from the United States will talk interest rates.

As the global thrust on agricultural productivity is gaining high prominence, efforts to render cultivation hassle-free and affordable are also made by most governments to get their priority right. Replacing costly fuel oil with solar technology for irrigation is one such method that has proved to be a great success. For the less wealthy, developing countries like Bangladesh solar-propelled irrigation can be a real game changer, according to experts.

Ditching diesel-guzzling power plants begins

A ground-breaking energy collaboration is poised to reshape the power dynamics of South Asia. Nepal, Bangladesh, and India have inked a historic tripartite agreement which was fortified during Nepalese Prime Minister Puspa Kamal Dahal's recent visit to India in June 2023. This pact unlocks the potential for hydroelectricity from Nepal to flow to Bangladesh via India's robust transmission infrastructure. Amidst Bangladesh's recurring blackouts due to currency limitations impeding fuel imports, this alliance provides a lifeline.

The PHRS is a passive safety system that ensures the long-term removal of heat from the reactor core into the atmosphere in the absence of all sources of power supply

Oil prices rose on Monday as global supply is tightening with lower exports from Saudi Arabia and Russia, offsetting nagging concerns about global demand growth amid high interest rates.

An understanding has been reached in principle for the supply of electricity to Bangladesh from via an Indian transmission line and a formal agreement between the three nations will be signed soon on this, according to officials at the Nepal Electricity Authority (NEA).

Bangladesh will also settle the ongoing negotiations with ExxonMobil

Publicly owned power plants, constituting over 40 percent of electricity generation in Bangladesh, are facing increased losses as they have become subject to double taxation, said officials.

Oil nudges up as China cuts policy rates to support economy