Petrobangla

Petrobangla to raise gas supply further from today

Gas supply to industries increased in the first four months of the current year, and the supply of this key energy source to factories will increase further from today, said state-run Petrobangla.

The current gas crisis needs governmental focus

How does the government plan to tackle the looming gas shortfall in the upcoming summer?

Reforms, policies that can mend the power and energy sectors

In the 15-plus years of the last government, the energy and power sectors of Bangladesh have been all but destroyed.

Petrobangla cancels LNG spot cargo deliveries

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

What to make of Petrobangla’s new oil and gas exploration tender?

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

Tender floated for offshore oil, 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.

When will fuel prices be adjusted?

Government must reduce financial burden for citizens

Maddhapara Granite posts drop in profit for declining sales

Even with record high production, profit of MGMCL dropped as half of the rock remained unsold

Bangladesh's Summit to supply 1.5 million tonnes LNG to Petrobangla from Oct 2026

Bangladesh's Summit Group set to supply 1.5 million tons of LNG per year to Petrobangla for 15 years, starting from Oct 2026

January 26, 2024
January 26, 2024

When will fuel prices be adjusted?

Government must reduce financial burden for citizens

January 21, 2024
January 21, 2024

Maddhapara Granite posts drop in profit for declining sales

Even with record high production, profit of MGMCL dropped as half of the rock remained unsold

January 17, 2024
January 17, 2024

Bangladesh's Summit to supply 1.5 million tonnes LNG to Petrobangla from Oct 2026

Bangladesh's Summit Group set to supply 1.5 million tons of LNG per year to Petrobangla for 15 years, starting from Oct 2026

May 9, 2023
May 9, 2023

Offshore Gas Exploration: Petrobangla drafts new negotiation guidelines

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.

January 19, 2023
January 19, 2023

Gas price hike spells trouble for industries

The latest hike of gas prices undoubtedly spells trouble for industries as they will try to shift the burden onto consumers by raising product prices, which will boomerang onto them by eating away at their competitiveness in international markets. 

December 19, 2022
December 19, 2022

Curbing BERC’s authority sets us up for more trouble

The amendment to BERC Act alters its position as the sole authority for fixing energy prices.

September 19, 2022
September 19, 2022

Another day, another damning audit report

Will Petrobangla remain unaccountable?

September 18, 2022
September 18, 2022

State coffers robbed of Tk 4,697cr by Petrobangla, BPC

The government has been deprived of about Tk 4,697 crore for 19 counts of irregularities by Petrobangla and Bangladesh Petroleum Corporation, found an audit.

August 27, 2022
August 27, 2022

Only the guilty need indemnity laws

The national energy crisis is a direct result of the corruption and nepotism encouraged by the indemnity law.

August 24, 2022
August 24, 2022

Who will rein in Bangladesh Petroleum Corporation?

It must be made accountable for its irregularities