Petrol pumps in Northern region shut down indefinitely in protest of eviction
Petrol pumps in Northern region shut down indefinitely in protest of eviction

All petrol pumps in the northern region have been shut down indefinitely from Wednesday morning in protest against a sudden eviction drive targeting roadside fuel stations. The Rajshahi Divisional Petrol Pump Owners and Workers Unity Council called for the strike. The announcement was...

Trump imposes tariffs, sanctions on Colombia over deportation flights dispute
Trump imposes tariffs, sanctions on Colombia over deportation flights dispute

A trade standoff between the U.S. and Colombia escalated on Sunday after President Donald Trump announced a series of tariffs and sanctions against Colombia for rejecting U.S. military aircraft carrying deported migrants. Colombia, the third-largest U.S. trading partner in Latin America, quickly...

US’s Argent LNG sets deal with Bangladesh govt to supply 5m tons of LNG annually
US’s Argent LNG sets deal with Bangladesh govt to supply 5m tons of LNG annually

Argent LNG, developing a 25 million metric tons per annum (MTPA) LNG facility in Louisiana, has signed a non-binding agreement with the government of Bangladesh to supply up to 5 million metric tons of liquefied natural gas (LNG) annually, the company announced on Friday, reports Reuters. This...

LPG 12-kg cylinder priced at Tk 1,459
LPG 12-kg cylinder priced at Tk 1,459

The price of Liquefied Petroleum Gas (LPG) has been slightly raised following a change in the structure of the Value Added Tax (VAT) by the National Board of Revenue (NBR). In a press release on Tuesday, Bangladesh Energy Regulatory Commission (BERC) announced that the price of LPG per kg has...

New factories face double costs in industrial sector
New factories face double costs in industrial sector

The government has decided to double the price of new connections in industries and captives, and the ministry already given in-principal approval. Energy and mineral resources division expressed their desire of charging price in line with imported LNG. If the owners want to increase load in...

Nationwide gas supply reduction to cause low pressure for 4 Days
Nationwide gas supply reduction to cause low pressure for 4 Days

The Bangladesh Oil, Gas, and Mineral Resources Corporation (Petrobangla) has announced a temporary reduction in gas supply and low pressure across the country due to scheduled maintenance. The supply of RLNG from the LNG FSRU operated by Accelerate Energy at Maheshkhali will be suspended for 72...

LPG price adjustment for Dec to be announced Tuesday
LPG price adjustment for Dec to be announced Tuesday

The price of Liquefied Petroleum Gas (LPG) for December will be announced on Tuesday, reports UNB. The Bangladesh Energy Regulatory Commission (BERC) will announce the decision. The decision, expected at 3 pm on Tuesday, will reveal whether consumers can expect an increase or decrease in LPG...

Excelerate Energy supplies two LNG cargoes to Petrobangla
Excelerate Energy supplies two LNG cargoes to Petrobangla

Excelerate Energy, Inc. has announced the delivery of two liquefied natural gas (LNG) cargoes to Petrobangla in November, using the companys two floating storage and regasification units (FSRUs) stationed offshore Moheshkhali Island. Excelerate Energy is pleased to help fuel Bangladeshs economy...

Opportunities created to decrease fuel oil price further: BPC chairman
Opportunities created to decrease fuel oil price further: BPC chairman

Bangladesh Petrolium Corporation (BPC) chairman Md. Amin Ul Ahsan said theres an opportunity created to decrease price of fuel oil further that is scheduled to import in the period of January to June. The BPC Chairman said this at a seminar on Market-Based Fuel Pricing: Government-led...