Power & Energy

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    DCCI for FTAs, PTAs to deal with graduation challenges

    Staff Correspondent | Updated at 11:37pm on March 01, 2021

    The Dhaka Chamber of Commerce and Industry on Monday suggested that the government should sign free trade agreements and preferential trade agreements with potential countries...

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    Padma Oil Company holds 51st AGM

    | Updated at 11:13pm on March 01, 2021

    The 51st annual general meeting of Padma Oil Company Limited was held on a digital platform on Saturday, said a press release. Company’s chairman and...

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    Summit Power tops ICMAB Best Corporate Award

    Staff Correspondent | Updated at 03:37pm on February 26, 2021

    Summit Power Limited secured the first position of the ‘ICMAB Best Corporate Award 2019’ in the power generation category. This is the eighth time the...

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    S&P lowers ratings for US oil giants

    Agence France-Presse . New York | Updated at 10:13pm on February 13, 2021

    S&P lowered the credit rating for US oil giants ExxonMobil, Chevron and ConocoPhillips on Friday, citing higher risk to the industry due to oil price...

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    Bangladesh power import to go up to 9,000 MW by 2041

    United News of Bangladesh . Dhaka | Updated at 07:00pm on February 11, 2021

    Bangladesh’s electricity import will go up to 9,000 MW by 2041 as it will meet 15 percent of its demand by cross border power trading...

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    Gas prices spike but US inflation otherwise tame in Jan

    Agence France-Presse . Washington | Updated at 11:31pm on February 10, 2021

    Gasoline prices rose again in January, but they remain well below last year’s level and overall inflation in the United States continues to be tame,...

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    Oil hits year-high of $60

    Agence France-Presse . London | Updated at 01:45am on February 09, 2021

    The benchmark oil contract Brent North Sea rose above $60 per barrel Monday to hit the highest level since the coronavirus pandemic began to spread...

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    Chevron Bangladesh provides scholarships to 849 students

    Staff Correspondent | Updated at 04:36pm on January 25, 2021

    Chevron Bangladesh, the Bangladesh chapter of Chevron Corporation, one of the world’s leading energy companies, had awarded scholarships to 849 students of 23 educational institutions...

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    IEA trims 2021 oil demand forecast amid COVID-19

    Agence France-Presse . Paris | Updated at 11:02pm on January 19, 2021

    The International Energy Agency trimmed its 2021 global oil demand forecast Tuesday as fresh coronavirus lockdowns cloud the outlook but said mass vaccination programmes should...

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    Major firms urge Japan to bolster 2030 renewables goal

    Agence France-Presse . Tokyo | Updated at 10:36am on January 18, 2021

    Major firms including Sony, Panasonic and Nissan on Monday urged the Japanese government to make its 2030 renewable energy target twice as ambitious. Prime minister...