How does the government plan to tackle the looming gas shortfall in the upcoming summer?
In the 15-plus years of the last government, the energy and power sectors of Bangladesh have been all but destroyed.
Bangladesh's Petrobangla has cancelled some spot liquefied natural gas imports after one of the country's two import terminals was damaged during a cyclone, leaving it unable to receive shipments, two industry sources said on Tuesday
The international tender for shallow and deep sea oil and gas exploration sparks some questions regarding its potential success in attracting offshore oil and gas exploration
Petrobangla yesterday floated the offshore bidding tender inviting international oil and gas companies (IOCs) to explore Bangladesh’s maritime area in the Bay of Bengal.
Government must reduce financial burden for citizens
Even with record high production, profit of MGMCL dropped as half of the rock remained unsold
Bangladesh's Summit Group set to supply 1.5 million tons of LNG per year to Petrobangla for 15 years, starting from Oct 2026
Petrobangla has prepared a draft of the Production Sharing Contract (PSC) for offshore gas exploration that improves the state-owned company’s bargaining position when it sits down for negotiation with global oil companies.
Bangladesh Energy Regulatory Commission (Berc) will announce the new gas tariff at the consumer level tomorrow (June 5, 2022).
Bangladesh is going to buy liquefied natural gas (LNG) from the international market at $4 lower price than the previous but at the same time it will procure fertiliser by paying additional $21 a tonne.
CNG filling stations across the country will remain closed from 5pm to 11pm every day during the month of Ramadan, instead of 6pm-11:00pm, according to a press release of Petrobangla.
Petrobangla Chairman Abul Mansur Md Faizullah yesterday said taking coal out of the Barapukuria coal mine yard would not have been possible if its staffers had not been involved in the act.
Prime Minister Sheikh Hasina has ordered forming a fresh committee to further investigate the disappearance of some 1.45 lakh tonnes of coal from Barapukuria coalmine and identify those responsible for it.
Good news: Annual Import of US$3 billion Liquefied Natural Gas (LNG) is to ease the decades-long gas crisis of the country. Import will start in April, 2018 and by October more than one third of the country's gas needs would be imported in the form of Liquefied Natural Gas (LNG).
The High Court yesterday declared illegal and void the two deals Niko Resources Bangladesh Limited signed with Bapex and Petrobangla, as those were procured through corruption. The court also directed the authorities to “revert back” to the state the assets Niko possessed through the Joint Venture Agreement (JVA) and the Gas Purchase and Sales Agreement (GPSA) signed in 2003 and 2006.
The High court declares two deals of Niko signed with Bapex and Petrobangla illegal. Niko signed the deals -- joint venture agreement and gas purchase and sales agreement (GPSA) -- with Bapex and Petrobangla in 2003 and 2006 respectively.
