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June 26, 2025

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Energy

World Bank to end ban on nuclear energy projects
World Bank to end ban on nuclear energy projects

The bank has yet to decide whether it should fund natural gas production, and if so, under what circumstances

Budget eases duties on energy imports
Budget eases duties on energy imports

The government plans to extract 1,500 million cubic feet gas from local wells by 2028 to boost supply

Shell is studying merits of buying BP: Bloomberg
Shell is studying merits of buying BP: Bloomberg

The oil major has been more seriously discussing the feasibility and merits of a takeover of its rival with its advisers in recent weeks, the report says

Spain, Portugal seek answers after biggest ever blackout
Spain, Portugal seek answers after biggest ever blackout

The authorities offer little explanation for what has caused it or how they will prevent it from happening again

33% hike in gas price for industrial sector
33% hike in gas price for industrial sector

The price of captive power will also go up from Tk 31.50 currently to Tk 42

Ukraine 'multiplying' energy attacks: Russia
Ukraine 'multiplying' energy attacks: Russia

Russia's defence ministry says Ukraine has increased its attacks on Russian energy infrastructure hitting targets 14 times in the last 24 hours

EU delays 2040 climate target proposal
EU delays 2040 climate target proposal

Europe’s green agenda faces pressure as industries and governments push for relief

Trump seeks to reshape Asia's energy supplies with US gas
Trump seeks to reshape Asia's energy supplies with US gas

Trump and his energy tsar Doug Burgum framed the venture as a way for Japan to replace Middle East energy shipments and address its trade imbalance with the US, according to two officials briefed on the closed-door talks

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