Oil

A filling station in Chattogram attaches the freshly imposed price of fuel oil per litre with its pump. The picture was taken from the AK Khan area on 5 November.

Bangladesh unable to refine Russian crude oil: Report

The country is not well equipped to refine the crude oil of Russia, says a report of the country's lone oil refinery, Eastern Refinery Limited (ERL)

Industrial facilities of the PCK oil refinery are pictured in Schwedt/Oder, Germany, on 9 May, 2022

Germany takes control of Russian-owned refinery

Rosneft Deutschland accounts for about 12 per cent of Germany’s oil processing capacity and is one of the largest oil processing companies in the country

A maze of crude oil pipes and valves pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, US, on 9 June 2016.

Diesel import: Govt looking for alternative source

The BPC has initiated to hold discussions with India to import diesel at a cheaper rate. Brunei is also under active consideration while Russian oil is at the lab-test phase

Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi speak at a joint press briefing in New Delhi on Tuesday.

Hasina-Modi summit Assurance of cooperation in fuel and food sectors

Indian prime minister Narendra Modi said India will keep pace with a stable, developed and progressive Bangladesh to implement the dreams of Bangabandhu

Prime Minister Sheikh Hasina and her Indian counterpart Narendra Modi speak at a joint press briefing in New Delhi on Tuesday.

'Momentum in talks to import oil from India'

Vinay Kwatra, however, did not disclose any specific timeframe regarding the commencement of the export.

Price of diesel has been hiked by a huge margin in Bangladesh recently

PM’s visit to India India seeks to export refined diesel to Bangladesh

An announcement regarding India's exporting refined diesel to Bangladesh could come after the summit meeting of the prime ministers of the two countries, said a Bangladeshi official involved with the ...

The logo of Gazprom is pictured at the 26th World Gas Conference in Paris, France, on 2 June 2015

Russia pockets $158b in energy exports after war

Russia has raked in a whopping 158 billion euros ($158 billion) in energy exports in the six months following its invasion of Ukraine, with the EU accounting for more than half, a think tank said ...

In this file photo taken on 30 August, 2022 facilities to receive and distribute natural gas are pictured on the grounds of gas transport and pipeline network operator Gascade in Lubmin, northeastern Germany, close to the border with Poland - the industrial infrastructure includes a receiving and distribution station for the Nord Stream 1 pipeline and is also the place

Energy war West caps Russian oil price, Moscow keeps gas pipe shut

Moscow has blamed sanctions, imposed by the West after Russia’s invasion of Ukraine, for hampering routine operations and maintenance of Nord Stream 1. Brussels and Washington accuse Russia of using ...

Tawfiq-e-Elahi Chowdhury

It would have been better to keep fuel oil price high: Energy advisor

Prime minister's power, energy and mineral resources adviser Tawfiq-e-Elahi Chowdhury on Wednesday said it is very difficult to estimate the global oil price

Prime minister Sheikh Hasina addresses a discussion Dhaka South City Awami League and Dhaka North City Awami League jointly organised at Bangabandhu International Conference Centre (BICC), Dhaka, marking the National Mourning Day and 47th martyrdom anniversary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman on 30 August 2022

It’s not possible to show more compassion to Khaleda Zia: PM Hasina

Time and again they wanted to kill me. Even then I show compassion (to Khaleda Zia), said prime minister Sheikh Hasina at a discussion at BICC, Dhaka, marking the National Mourning Day and 47th ...

A man with a bottle of soybean oil at a grocery shop

Govt to fix prices of oil, rice, lentil and 6 others

The government will set the reasonable prices of nine products, including rice, flour, wheat flour, edible oil, sugar, lentils, cement and rods, by next 15 days in a bid to bring stability in the ...

State minister for power, energy and mineral resources Nasrul Hamid

Current price too is a bit high for common people: Nasrul Hamid

The state minister reassured, if prices decrease in the global market, there will be adjustments in the local market too

Fuel oil prices reduced by Tk 5 per litre

Fuel oil prices reduced by Tk 5 per litre

The government has decided to decrease the prices of diesel, petrol and octane by Tk 5 per litre

Fuel droplets fall from a nozzle at a gasoline station in Dhaka, Bangladesh on 6 August 2022.

Decision on adjustment of fuel oil price likely soon: State minister

The government is going to adjust the fuel oil prices following the reduction in import duty and withdrawal of advance tax on diesel import

Govt backtracks to diesel to increase power generation

Fuel oil Govt backtracks to diesel to increase power generation

PDB’s diesel requirement in three months has soared up to 391,000 tonnes. The demand of furnace oil for three months has also been changed to 291,000 tonnes from 146,000 tonnes

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