Earlier FSRU Deal with Excelerate Near Payra Scrapped

Summary Excelerate Energy's proposal to construct its third floating storage and regasification unit (FSRU) near the Payra seaport in the Bay of Bengal has been unsuccessful due to the cancellation of an initial agreement. Petrobangla has sent a letter terminating the non-binding agreement, and the interim...

A Green Shift: Rooftop Solar Solution are Loved by Industries

Summary: In light of current trends, industries are shifting focus to alternative energy sources like solar power. This is happening even though national grid capacity exceeds demand by 25,000MW compared to the current 15,000MW. Content: Several big companies have already switched to solar power partially or are considering...

Quick power supply act gets a five-year extension

Summary:  The Jatiyo Sangshad extended the tenure of quick power supply Act which allows a sweeping authority to bypass the existing legislation for quick implementation of projects in all types of energy and power sectors. Content: Previously, The Quick Enhancement of Electricity and Energy Supply Act 2010 was...

Gazprom gets NoA to drill three Bhola wells

Summary: Russian energy giant Gazprom has obtained a contract by Bapex to drill three more wells at Bhola Island with a total cost of $77.18 million which is BDT 6.48bn Content: Russian energy giant Gazprom has obtained an NOA to carry out the drilling of three...

Hydrogen Energy Sources of the Future-WLG

[Source: WLG] The energy demand of our globalized world is constantly expanding, not least due to increasing mobility, data processing and industrial production. Climate change poses a major challenge. Most of the fuels used for the mobility of the world population, in an industrial context...
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