Oil

The Russian vessel Tantal, an oil/chemical tanker, is seen at sea outside the far eastern city of Vladivostok, Russia on 9 October, 2017

China’s oil imports from Russia jump 55pc year on year

China’s imports of oil from Russia in May rose 55 per cent year on year, customs data showed on Monday, with the West sanctioning fuel imports from Moscow over its invasion of Ukraine

State Minister for Power, Energy and Mineral Resources Nasrul Hamid

Petroleum price may go up next month: Nasrul Hamid

Earlier, finance minister AHM Mustafa Kamal said a decision on raising the petroleum prices will come soon

Ferry

BIWTC announces 20pc rise in ferry, ship fare

Bangladesh Inland Water Transport Corporation has increased the fare for its passenger ships and ferry services by 20 per cent

In this file photo taken on 23 November, 2021 a customer fills up at a BP gas station in Arlington, Virginia

Oil giant BP buys into $36b Australian renewables project

Fossil fuel giant BP revealed Wednesday it was taking a 40.5 per cent stake in an Australian energy project being billed as one of the world’s largest renewable power stations

Sri Lanka's prime minister Ranil Wickremesinghe (R)

Sri Lanka is open to buying Russian oil: Prime Minister

Wickremesinghe, who is also Sri Lanka’s finance minister, also indicated he would be willing to accept more financial help from China, despite the island nation’s mounting debts

Smoke billows from a burning storage building after having been shelled in the village of Temyrivka on 4 May, 2022

Russia earns $98b from fuel exports in 100 days of Ukraine war

Russia earned 93 billion euros ($98 billion) from fossil fuel exports during the first 100 days of its war in Ukraine, with most sent to the European Union, according to research published Monday

12th WTO Ministerial Conference

12th WTO Ministerial Conference Bangladesh pushes for stopping sudden ban on export of food products

Bangladeshi Commerce Minister Tipu Munshi in his opening speech urged the global leaders and WTO not to put any ban on export of food items for any reasons so that any country faces any food crisis

Vehicles queue to buy petrol during the early hours of the morning at a fuel station in Gonapola town, on the outskirts of Colombo, Sri Lanka, 26 May 2022.

Cash-strapped Sri Lanka announces weekly fuel quotas

Crisis-hit Sri Lanka announced weekly fuel quotas for motorists on Sunday, as an acute shortage worsened and longer queues formed outside the few pumping stations still operating

Iranian president Ebrahim Raisi and his Venezuelan counterpart Nicolas Maduro

Oil producers Iran and Venezuela sign 20-year cooperation plan

The signing ceremony, carried by Iranian state TV, was overseen by Iranian president Ebrahim Raisi and his Venezuelan counterpart Nicolas Maduro and took place at the Saadabad Palace in north Tehran

Consumers' que before a TCB truck in Dhaka as food prices continue to rise

Ukraine war risks another 11-19m hungry people over next year: FAO

The FAO also said in a report on Thursday that spiralling costs for farm inputs like fertiliser could deter growers from expanding production and worsen food security in poorer countries facing ...

State Minister for Power, Energy and Mineral Resources Nasrul Hamid

Meet the press Bangladesh not to buy unrefined oil from Russia: Nasrul Hamid

Russian unrefined oil is not appropriate for use in the refineries in Bangladesh, said Nasrul Hamid

The Russian vessel Tantal, an oil/chemical tanker, is seen at sea outside the far eastern city of Vladivostok, Russia on 9 October, 2017

Who is buying Russian crude oil and who has stopped

Australia, Britain, Canada and the United States have imposed outright bans on Russian oil purchases, while Group of Seven (G7) nations, including Japan, committed to ban or phase out imports of ...

Police use tear gas shells to disperse students taking part in an anti-government protest demanding the resignation of Sri Lanka's President Gotabaya Rajapaksa over the country's crippling economic crisis, in Colombo on 29 May 2022

Sri Lanka port switches to pedal power after fuel shortages

Motorists around the South Asian country are forced to spend hours or even days waiting for rationed fuel at gas stations

Foreign minister AK Abdul Momen

Bangladesh seeks Indian advice to purchase Russian oil, wheat: Momen

Bangladesh has sought advice from India as to how oil and wheat can be purchased from Russia

Sri Lanka's Energy Minister Kanchana Wijesekera addresses a press conference in Colombo on 28 May, 2022

Cash-strapped Sri Lanka gets Russian oil to ease shortages

Cash-strapped Sri Lanka took delivery Saturday of Russian oil -- which could soon be subject to a European embargo -- to restart operations at the country's only refinery, the energy minister said

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