Summit and Petrobangla Disputes Over $22M Bill
Summit Group is in a payment dispute with Petrobangla over a $22 million bill for its floating LNG terminal, which…
Govt Approves Global Giants as Spot LNG Suppliers
Bangladesh has approved nearly two dozen firms, including Shell, BP, Aramco, and Glencore, as spot LNG suppliers to boost competition…
Over 3,000MW in Captive Power Strains PDB’s Financial Stability
Bangladesh’s heavy reliance on captive power, generating over 3,000MW through gas-fired plants, is weakening the financial health of the Power…
Chevron to Invest in New Gas Exploration in Bangladesh
Chevron plans to invest in new gas exploration in Bangladesh to enhance the country’s energy security. During a meeting with…
Govt Holds Off on Energy Price Hike Decision
At a roundtable organized by the American Chamber of Commerce in Bangladesh, Muhammad Fouzul Kabir Khan, adviser to the Ministry…
Rooppur Loan Payments Routed to Russia Through Sonali Bank
Bangladesh and Russia have agreed on a repayment mechanism for the Rooppur Nuclear Power Plant loan. A foreign currency account…