US oil giant Chevron has withdrawn its business from Bangladesh and sold Its all its assets to a Chinese firm named Himalaya Energy.Himalaya Energy is owned by China ZhenHua Oil Co and CNIC Corporation Ltd. The financial deal has not
The US has finally requested the Energy Ministry to allow Chevron, the oil giant of the US, to quit Bangladesh's three major gas fields Bibiyana, Moulavibazar, and Jalalabal smoothly.It also wants details about overall development of Chevron's wind-up process. The
Geological Survey of Bangladesh (GSB) has identified a new coalfield in Naogaon district under the deposit of the newly discovered limestone field at Tilokpur in the district.Based on the drilling results at Naogaon, we found a 4-5 feet layer of
Bangladesh, India, Myanmar, Sri Lanka, Thailand, Bhutan and Nepal are set to sign a multilateral document soon to frame the much-talked-about Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (Bimstec) to facilitate the optimisation of using energy resources
Bangladesh signed seven agreements and four memorandums of understanding (MoUs) in power, energy sector and safe use of nuclear power with India.According to the ministries of power, energy and mineral resources and science and technology, the ministries concerned have signed
International Islamic Trade and Finance Corporation (IITFC) wants to invest in country's energy sector, especially in LNG and LPG.IITFC, an extended wing of the IITFC, has been providing support to Bangladesh since 1979 for purchasing petroleum fuels. Recently it took
Buyers' purchase limit, vendors to double India and Bangladesh have agreed to set up two more 'border haats' (bazars) along Tripura border and four more haats along Meghalaya border soon.Both the countries have agreed to double the amount of money
Coal Power Generation Company Bangladesh Ltd (CPGCBL) received two bid prices ranging from US$ 4.5 billion to $ 4 billion for implementing 1,200 MW Matarbari Coal-Fired Power Project at Moheskhali under Cox's Bazar district.Evaluation of those tenders is not over
Japan International Cooperation agency (JICA) is set to include security cost in its expenditure list of the development projects in Bangladesh, which will further increase the allocation of Bangladesh government.Earlier, the Japanese representatives were pleased to see the deployment of