Chevron Sells Bangladesh Gas Fields To China’s Himalaya Energy
U.S. oil and gas company Chevron Corp said on Monday it has agreed to sell its three gas producing fields in Bangladesh to Chinese firm Himalaya Energy, as part of a plan to raise billions of dollars by shedding non-core properties this year. “The agreement is for the sale of...
Indian Companies To Invest $9B In Bangladesh Energy Projects
Three preliminary agreements related to cooperation in the field of liquefied natural gas (LNG) were also signed between Indian and Bangladeshi companies.
Bangladesh Moves Forward On Sovereign Infrastructure Fund
The government of Prime Minister Sheikh Hasina has endorsed a blueprint for the South Asian nation's first sovereign wealth fund to be seeded with $2 billion, and officials hope the fund will launch as early as July. Bangladesh has more than $32 billion in foreign reserves and has been considering a sovereign fund since 2015.
Bangladesh Considers Buying Chevron's Local Natural Gas Assets
Bangladesh is considering buying Chevron Corp's interest in three natural gas fields in the country, worth an estimated $2 billion, two senior government officials said, as Dhaka looks to secure the supply of a critical source of energy.
On-demand Grocery Startup Gets Funding To Start Its Own Farms
The startup announced recently it’s closed an undisclosed round of funding, which it says is in the “seven-digit money terms.” Investors in the round are RSA Capital, Business Research International Corporation, and Razor Capital.
Chevron Said To Seek $2B In Sale Of Bangladesh Gas Fields
Chevron Corp., the U.S. oil producer divesting assets to counter an energy-price slump, is seeking about $2 billion from a sale of natural gas assets in Bangladesh. The post Chevron said to seek $2b in sale of Bangladesh gas fields appeared first on DealStreetAsia.
Reliance Power Bags Biggest Project In Bangladesh For $1.3B
Anil Ambani-led Reliance Power has bagged a 750 MW natural gas-based project in Bangladesh, with a potential investment of around $1.3 billion, touted as the largest for the South Asian country.
China Growth Capital Leads $34M Series A+ Round In Diyi Chedai
China Growth Capital has led a RMB217 million (US$34 million) series A+ round in Diyi Chedai, a Shanghai-based auto lending O2O (online-to-offline) start-up, according to Chinese media reports.
Bangladesh-China JV To Construct $1.56B Power Plant In Southern Bangladesh
<span style="line-height: 20.8px;">Bangladesh-China Power Company Limited (BCPCL) will invest $1.56 billion in a coal-fired plant near a proposed sea port south of Dhaka to produce 1,320 megawatts (MW) of electricity by 2019, the head of the joint venture (JV) said on Wednesday.</span>
Bangladeshi Taxi App Startup Raises Seed Funding From Turkish Investors
<p style="line-height: 20.8px;"><a href="http://www.bdcabs.com/bn/booknow/" target="_blank">BDcabs</a>, an on-demand “dispatch system” which helps connect passengers seeking rides in Bangladesh, announced today that it has secured an undisclosed amount of seed capital from Turkish startup accelerator <a href="http://www.etohum.com/" target="_blank">Etohum</a>. The investment values the company at US$6.5 million.</p>