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Shining BD Friday | 9 May 2025
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Home Oil
Egypt's Ministry of Petroleum & Mineral Resources Karim Badawi speaks during a panel discussion as top energy executives and ministers meet in Houston for the annual Gastech conference in Houston, Texas, U.S., September 17, 2024. REUTERS/Callaghan O'Hare/File Photo

Egypt cuts 2040 renewable energy target to 40%, keeps focus on natural gas

Egypt has revised its renewable energy target for 2040 down to 40% from a previous goal of 58%, Petroleum Minister Karim Badawi said on Sunday, underscoring that natural gas will remain a key part of the country's energy mix for years.

 

Oil prices drop on easing fears over Middle East, most markets rise

World oil reserves currently below five-year levels: Novak

Oil climbs after Iran's president dies, Saudi flags issue with king's health

Oil climbs after Iran's president dies, Saudi flags issue with king's health

Oil, gold prices rise as Israel launches attack on Iran

Oil, gold prices rise as Israel launches attack on Iran

Mike Wirth, the CEO of Chevron Corporation, speaks with Daniel Yergin, the vice chairman of S&P Global, as top energy executives and officials from around the world gather during the CERAWeek 2023 by S&P Global, energy conference in Houston, Texas, U.S., March 6, 2023. REUTERS/Callaghan O'Hare/File Photo

Oil mergers, clean fuels vie for attention at Houston energy conference

Oil prices slips amid concerns over Middle East, China demand

 A view of the turbines at an offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo

Norway offers $193 million funding to Arctic floating wind farm project

ITFC for strengthening strategic partnership with Bangladesh

All News of Oil  

On Saturday, a drone strike occurred close to the Gujarat coast in the Indian Ocean, striking a chemical ship. (Image Source: Getty Images)

Tanker Struck Off India Coast by Iranian Drone, Reveals US

India should be thanked for Russian oil purchases – New Delhi

Oil prices rally, stocks drop on fears of broader Middle East war

The recent violence in the Middle East has caused oil prices to spike.

Prime Minister Rishi Sunak supports British new oil and gas exploration

An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS

U.S. efforts to replenish reserves and supply worries boost oil prices.

Saudi Aramco takes $3.6 billion stake in China oil refinery

90 lakh litre diesel imported first day through India-Bangladesh Friendship Pipeline

Shara Ticku and her team have developed a palm oil substitute made from oil produced by yeast

Lab-grown alternatives aim to cut palm oil dependence

Russia to ban oil exports to countries with price cap from February

BPC faces loss despite fall in int’l fuel price, it loses Tk 4-4.5 on per litre diesel

Putting the Russian oil price ceiling to the test

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    Asensio stars as Villa beat Brugge to book PSG showdown

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  • Travellers make their way to the departures terminal at the start of the Victoria Day holiday long weekend at Toronto Pearson International Airport in Mississauga, Ontario, Canada, May 20, 2022. REUTERS/Cole Burston/File Photo

    Canadians, stung by Trump's tariffs and rhetoric, balk at US travel

  • Intel appoints chip industry veteran Lip-Bu Tan as CEO

  •  Iran's Supreme Leader Ayatollah Ali Khamenei speaks during a meeting in Tehran, Iran, March 8, 2025. Office of the Iranian Supreme Leader/WANA (West Asia News Agency)/Handout via REUTERS/File Photo

    Iran's Khamenei spurns US talks offer as UAE envoy delivers Trump letter

  • Russia's President Vladimir Putin visits a command centre of the Russian armed forces in the course of Russia-Ukraine conflict in the Kursk region, Russia, March 12, 2025, in this still image taken from video. Russian Pool/Reuters TV via REUTERS

    Russia lays out demands for talks with US on Ukraine, sources say

  • A Rohingya girl feeds a child from a jar with the USAID logo on it, at a refugee camp in Cox's Bazar, Bangladesh, February 11, 2025. Photo: REUTERS/Ro Yassin Abdumonab/File Photo

    Rohingya hopes reignite as Guterres returns after 6 years to brand new challenges

  • President Donald Trump and Elon Musk speak next to a Tesla Model S on the South Lawn of the White House on March 11, 2025, in Washington, DC. Andrew Harnik/Getty Images

    Pitchman president drives Americans to their corners

  • SpaceX's Starlink satellite internet provides service for government and private customers around the world. Dado Ruvic/Illustration/Reuters

    Elon Musk makes India inroads with two major deals

  • A virus called Sin Nombre is the most common hantavirus in the Southwestern US. BSIP/Universal Images Group Editorial/Getty Images

    What to know about hantavirus pulmonary syndrome

  • Mahmudullah retires from int’l cricket

  • Real Madrid's Federico Valverde celebrates scoring a penalty during the penalty shootout. Photo: Reuters

    'Thank God Real Madrid won'

  • Passengers who were rescued from a train after it was attacked by separatist militants, walk with their belongings at the Railway Station in Quetta, Balochistan, Pakistan, March 12, 2025. REUTERS/Stringer

    Pakistan train siege ends, 346 hostages freed; 33 militants, 21 passengers dead

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