Bangladesh Petroleum Corporation

With automatic pricing formula, BPC can't cry wolf about losses

With the new pricing formula in place, there is no way that BPC can lose money.

Standard Asiatic Oil corruption: Eight employees siphon out Tk 21.64cr

Eight officials of Standard Asiatic Oil (SAOCL), a subsidiary of the Bangladesh Petroleum Corporation, have embezzled Tk 21.64 crore by showing advance cost and fake bill vouchers, found investigations by the Directorate of Power and Energy Audit and BPC.

A BPC concern robs state coffers of Tk 472.7cr

The government has been deprived of Tk 472.7 crore for 21 counts of irregularities by Standard Asiatic Oil Company, a subsidiary of the Bangladesh Petroleum Corporation, found an audit.

First jet fuel plant goes into operation

Partex Petro Ltd, an oil refinery, has started production and marketing of aviation fuel, becoming the first company in Bangladesh to manufacture the finished product for the growing air transport market. 

BPC irregularities: JS committee stunned

There has been no external audit of the accounts of Bangladesh Petroleum Corporation over the last 10 years, the Parliamentary Standing Committee on Public Undertakings has found.

BPC plans to import discounted Russian diesel, jet fuel

Bangladesh Petroleum Corporation (BPC) is considering buying discounted diesel and jet fuel from Russia as it seeks relief from the elevated prices in the global market.

PM asks energy ministry, BPC to explain reasons behind fuel price hike

Prime Minister Sheikh Hasina has given directives to the respective ministry to clarify once again the reason behind the fuel price hike.

Diesel Tk 114 per litre, Octane Tk 135 from today

The government has increased prices of fuel, effective as of today (August 6, 2022).

“No shortage in fuel stock, don’t pay heed to rumours”

State Minister for Power, Energy and Mineral Resources, Nasrul Hamid has called upon the public to not pay heed to any rumours regarding shortage in fuel stock in the country.

July 15, 2024
July 15, 2024

With automatic pricing formula, BPC can't cry wolf about losses

With the new pricing formula in place, there is no way that BPC can lose money.

December 20, 2022
December 20, 2022

Standard Asiatic Oil corruption: Eight employees siphon out Tk 21.64cr

Eight officials of Standard Asiatic Oil (SAOCL), a subsidiary of the Bangladesh Petroleum Corporation, have embezzled Tk 21.64 crore by showing advance cost and fake bill vouchers, found investigations by the Directorate of Power and Energy Audit and BPC.

November 4, 2022
November 4, 2022

A BPC concern robs state coffers of Tk 472.7cr

The government has been deprived of Tk 472.7 crore for 21 counts of irregularities by Standard Asiatic Oil Company, a subsidiary of the Bangladesh Petroleum Corporation, found an audit.

October 25, 2022
October 25, 2022

First jet fuel plant goes into operation

Partex Petro Ltd, an oil refinery, has started production and marketing of aviation fuel, becoming the first company in Bangladesh to manufacture the finished product for the growing air transport market. 

August 24, 2022
August 24, 2022

BPC irregularities: JS committee stunned

There has been no external audit of the accounts of Bangladesh Petroleum Corporation over the last 10 years, the Parliamentary Standing Committee on Public Undertakings has found.

August 23, 2022
August 23, 2022

BPC plans to import discounted Russian diesel, jet fuel

Bangladesh Petroleum Corporation (BPC) is considering buying discounted diesel and jet fuel from Russia as it seeks relief from the elevated prices in the global market.

August 11, 2022
August 11, 2022

PM asks energy ministry, BPC to explain reasons behind fuel price hike

Prime Minister Sheikh Hasina has given directives to the respective ministry to clarify once again the reason behind the fuel price hike.

August 5, 2022
August 5, 2022

Diesel Tk 114 per litre, Octane Tk 135 from today

The government has increased prices of fuel, effective as of today (August 6, 2022).

July 27, 2022
July 27, 2022

“No shortage in fuel stock, don’t pay heed to rumours”

State Minister for Power, Energy and Mineral Resources, Nasrul Hamid has called upon the public to not pay heed to any rumours regarding shortage in fuel stock in the country.

July 18, 2022
July 18, 2022

Fuel stocks dwindling

Uncertainty looms over the country’s fuel stock as the Bangladesh Petroleum Corporation is finding it difficult to import fuel amid a dollar shortage at local banks.