Power & Energy

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    Bangladesh, Germany for enhanced energy coop

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 11:07pm on March 02, 2020

    The Bangladesh-German Consultations 2020 in Dhaka on Monday emphasised the need to further strengthen bilateral relations between the two countries and also to boost cooperation...

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    Gulf bourses dive as coronavirus hits oil price

    Agence France-Presse . Dubai | Updated at 12:05am on March 02, 2020

    Stock markets in the oil-rich Gulf states plunged on Sunday over fears about the impact of the coronavirus, a market trend that also battered global...

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    Canada top court rules mining co can be sued for overseas abuses

    Agence France-Presse . Ottawa | Updated at 10:36pm on February 29, 2020

    Canada’s Supreme Court on Friday ruled that Vancouver-based mining company Nevsun Resources can be sued in this country for alleged human rights abuses overseas that...

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    Mexican state oil firm Pemex losses $18.3b in 2019

    Agence France-Presse . Mexico City | Updated at 10:58pm on February 28, 2020

    Mexico’s state oil company Pemex on Thursday reported losses of 346 billion pesos ($18.3 billion) for 2019, a 92 per cent increase on last year’s...

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    Bangladesh hikes retail power prices again

    Staff Correspondent | Updated at 05:31pm on February 27, 2020

    The Bangladesh Energy Regulatory Commission on Thursday increased the average retail price of electricity by 5.3 per cent with effect from Sunday. With the latest...

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    PM seeks more Japanese investment in power sector

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 12:27am on February 25, 2020

    Prime minister Sheikh Hasina on Monday sought more Japanese investment in Bangladesh’s power and energy sector to meet the growing demand of electricity. ‘The demand...

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    Saudi Aramco shares shed post-IPO gains as oil dives

    Agence France-Presse . Saudi Arabia | Updated at 10:34pm on February 19, 2020

    Saudi Aramco shares have lost most of the gains they made since listing in December in a landmark first offering, as oil prices drop amid...

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    UAE issues licence for first Arab nuclear power plant

    Agence France-Presse . Abu Dhabi | Updated at 12:31am on February 18, 2020

    The United Arab Emirates said Monday it has issued a licence for a reactor at its Barakah nuclear power plant, the first in the Arab...

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    Coronavirus causing first drop in global oil use in decade: IEA

    Agence France-Presse . Paris | Updated at 11:57pm on February 13, 2020

    Global oil demand will suffer its first quarterly drop in a decade as the COVID-19 virus lashes the economy in China and its impact ripples...

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    Carbon emissions from energy ‘flat’ in 2019: IEA

    Agence France-Presse . Paris | Updated at 10:15pm on February 11, 2020

    Global energy-related CO2 emissions ‘flattened’ in 2019 following two years of increases owing to greater use of renewables and an accelerating shift from coal to...