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.
27 May 2025, 18:00 PM

The current gas crisis needs governmental focus

How does the government plan to tackle the looming gas shortfall in the upcoming summer?
23 December 2024, 02:00 AM

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.
2 October 2024, 02:00 AM

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
18 June 2024, 12:22 PM

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
19 March 2024, 01:00 AM

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.
10 March 2024, 18:00 PM

When will fuel prices be adjusted?

Government must reduce financial burden for citizens
26 January 2024, 05:30 AM

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
20 January 2024, 18:00 PM

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
17 January 2024, 07:09 AM

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.
9 May 2023, 01:10 AM

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. 
19 January 2023, 02:30 AM

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.
19 December 2022, 14:00 PM

Another day, another damning audit report

Will Petrobangla remain unaccountable?
18 September 2022, 20:54 PM

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.
18 September 2022, 02:00 AM

Only the guilty need indemnity laws

The national energy crisis is a direct result of the corruption and nepotism encouraged by the indemnity law.
27 August 2022, 17:57 PM

Who will rein in Bangladesh Petroleum Corporation?

It must be made accountable for its irregularities
24 August 2022, 13:39 PM

Indemnity recommended for Petrobangla officials from legal proceedings

A recommendation has been made to a parliamentary standing committee that a martial-law era provision be brought back for shielding Petrobangla officials from legal proceedings for “acting in good faith”.
22 August 2022, 18:00 PM

Meant for gas exploration, TK 2000cr used for LNG import

Petrobangla used around Tk 2,000 crore from the Gas Development Fund, which was formed for gas exploration, to import liquefied natural gas. According to Bangladesh Energy Regulatory Commission, Petrobangla did not take necessary permission for this.
7 August 2022, 14:06 PM

Petrobangla’s dangerous dependency on gas imports

Self-sufficiency can rid us of the threat of energy crises
3 August 2022, 11:41 AM

Tk 2,000cr meant for gas exploration but Petrobangla spent on import

Petrobangla spent Tk 2,000 crore from the Gas Development Fund (GDF), meant for gas exploration, to import LNG without the permission of Bangladesh Energy Regulatory Commission.
2 August 2022, 18:00 PM