Brent oil price drops under $80 on US-Iran deal
Oil prices fell to a three-month low Tuesday on optimism over the expected reopening of the Strait of Hormuz after a peace deal between the United States and Iran...
Power-Energy
- Advertisement -
Oil slides on Middle East deal hopes
Stock markets rallied and oil tumbled Friday on hopes that a deal to end the Middle East war could be imminent.
Add’l energy subsidy to hit Tk 42,600cr: minister
Finance minister Amir Khosru Mahmud Chowdhury on Tuesday informed Jatiya Sangsad that, due to recent conflicts in Iran and wider Middle Eastern tensions along with volatility on the global energy market, the additional subsidy requirement for oil, gas, electricity and fertiliser in the financial year 2025-26 could reach about Tk 42,600 crore up to June...
Fresh LP Gas Celebrates World LPG Day 2026
Fresh LP Gas celebrated World LPG Day 2026, reaffirming its commitment to providing safe, trusted, and clean energy solutions to households across Bangladesh, said a press release on Sunday.
Fiscal discrimination barrier to green energy transition: CPD
The Centre for Policy Dialogue on Sunday urged the government to end what it termed ‘fiscal discrimination’ in favour of fossil fuels and adopt a comprehensive green fiscal policy to facilitate Bangladesh’s transition to renewable energy and address the ongoing energy crisis...
OPEC+ raises production quotas for July
OPEC+ ministers decided Sunday to increase oil quotas by a total 1,88,000 barrels per day for July, in a move analysts said would be unlikely to have an impact on prices sent higher by the Mideast war...
Sustainable jet fuel too costly and scarce, airline group warns
Aviation fuel from non-petroleum sources remains difficult to find and still far too expensive to bring about the de-carbonisation of air travel, the world’s major airlines said Saturday at a conference in Brazil...
Tk 25,000cr fund sought for renewable energy
Civil society organisations and energy experts on Saturday urged the government to introduce a symbolic 1 per cent tax on renewable energy equipment in the upcoming national budget and establish a Tk 25,000 crore revolving green finance facility to accelerate the country’s transition to clean energy and strengthen energy security...
Deep-sea Miner TMC sues international regulator
The Metals Company (TMC), a Canadian firm focused on deep-sea mining on the high seas, has taken its dispute with the global regulatory body overseeing the nascent and controversial industry to an international tribunal...
India sees Venezuelan oil ‘opportunity’
India’s prime minister Narendra Modi hosted Venezuela’s interim president Delcy Rodriguez on Thursday for talks to bolster trade between the oil exporter and his energy-hungry nation...