Price of private operators’ liquefied petroleum gas (LPG) has declined by Tk 50 -- to Tk 1,178 from Tk 1,228 -- per 12kg container with effect from 6pm today (January 3) at the retail level, including the value added tax (VAT).

Finance Minister AHM Mustafa Kamal today said that the government will build more power plants based on alternative fuel, to make up for the cancellation of coal-based power plants.

The Summit Power has closed its gas-fired Madhabdi Power Plant Unit-2 as the plant’s power purchase agreement with the government has expired.

India will provide 20 percent more electricity to Bangladesh under a renewed bilateral contract -- for five more years, officials said today.

Six power distribution companies have so far filed a total of 21,838 cases against customers for non-payment of outstanding electricity bills while the total arrears against these cases is Tk 594.16 crore.

The High Court today issued a rule asking the government to explain in a week why it should not be directed to re-fix the tariff of petroleum products including kerosene and diesel as per relevant provisions of Bangladesh Energy Regulatory Commission (BERC) Act, 2013.

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that his ministry will provide financial support to promote research and creative work in the energy and power sector.

Prime Minister Sheikh Hasina has directed authorities concerned to bring the people of chars and remote areas, who are still outside the purview of the power network, under the power facility quickly.

Government will take strict legal action against anyone trying to create an artificial fuel crisis or selling fuel at higher prices, said a statement issued by the Ministry of Power, Energy and Mineral Resources today.

Senior Secretary of Energy and Mineral Resources Division, Md Anisur Rahman, has said that the decision to raise fuel price was “political, not bureaucratic”.

Bangladesh’s first hydrogen fuel production plant, a project initiated by the Bangladesh Council of Scientific and Industrial Research (BCSIR), is all set to begin operations by June next year.

Following a recent hike in bus and launch fares, now air travellers may have to face a similar plight as Bangladesh Petroleum Corporation (BPC) once again increased jet fuel prices.

Power and gas are likely to become pricier next after diesel, kerosene and liquefied petroleum gas as the government looks to calibrate the prices in the local market following a global price spiral since July.

State Minister for Power, Energy and Mineral Resources Nasrul Hamid today said the government would adjust fuel prices as soon as prices falls in the global market.

Bangladesh Petroleum Corporation (BPC) has incurred a loss of Tk 1,147.60 crore by selling diesel at a lower price in the last five and a half months after the fuel price had increased in the international market, claimed the Ministry of Power, Energy and Mineral Resources (MPEMR).

Bangladesh Energy Regulatory Commission has increased the price of Liquefied Petroleum Gas (LPG) once again -- by Tk 54 for every 12kg cylinder.

Saudi Arabia wants to be the biggest supplier of hydrogen, the country's Energy Minister Prince Abdulaziz bin Salman al-Saud said on Sunday.

Bangladesh is finally moving towards formulating an integrated energy and power sector master plan with a focus on the “3E+S” concept, after responding to the suggestions of energy experts, Japan International Cooperation Agency (JICA) said in an official statement.

The crown prince of Saudi Arabia said on Saturday that the world's top oil exporter aims to reach zero-net emissions by 2060 and more than doubled its annual target to reduce carbon emissions to almost 280 million tonnes.

Bangladesh Energy Regulatory Commission (BERC) has increased the prices of liquefied petroleum gas (LPG) of private companies by 22 per cent to Tk 1,259 for every 12kg LPG cylinder.