Dhaka Monday, Jul 13, 2026
- Power Division Opens Control Room to Address Flood Situation
- LPG Price Cut by Tk 357 for 12kg Cylinder
- Adani Achieves Milestone of 20,000 Megawatts in Renewable Energy Generation
- It Will Take Time to Break Free from the Cycle of Corruption in the Power Sector: Information Minister
- Electricity Prices Increased for All Consumers
- Approval Given to Purchase Three LNG Cargoes
- Diesel, Kerosene Prices Cut By 50p For November
- AI Boom To Fuel Natural Gas Demand In Coming Years, Report Says
- Bangladesh signs €477m deals with EU and EIB for renewable energy and more
- The Current Oil Price Rally Is Reaching Its Limits
Petroleum
DUBAI, May 11 (Reuters) – Saudi oil giant Aramco (2222.SE), opens new tab, a longtime cash cow for the kingdom, reported a 4.6% drop in first-quarter profit on Sunday due to lower sales and higher operating costs as economic uncertainty hit crude markets. The world’s top oil exporter reported net profit of 97.54 billion riyals ($26.01 billion) in the three months ended March 31, which beat a company-provided median estimate... » 
The Bangladesh Petrol Pump and Tank Lorry Owners Unity Council has issued a 12 day ultimatum to the government, demanding the fulfilment of a 10-point charter of demands, including setting the fuel sales commission at a minimum of 7%. If unmet, the council has announced a strike from May 25. At a press conference held at the Dhaka Reporters Unity conference room on Sunday, the council’s Joint Convener Syed Sazzadul... »
The interim government has reduced the prices of four types of fuel oil by Tk 1 per litre. The new rates will take effect from May 1, according to a notification issued by the Ministry of Power, Energy and Mineral Resources on Wednesday. It said the price of diesel and kerosene has been reduced from Tk 105 to Tk 104 per litre. Petrol will now cost Tk 121 instead of... » 
Oil prices rose 1% on Wednesday, reversing early losses as the market took a bullish view on China’s stance on potential trade talks with the United States, though gains were capped by continuing fears that the trade war will curb energy demand. Brent crude futures rose 64 cents to $65.31 a barrel by 0937 GMT while U.S. West Texas Intermediate crude rose 62 cents to $61.95. The Reuters Power Up... »
Lower oil prices could reduce Colombian state-run oil firm Ecopetrol’s profits by up to 12 trillion pesos ($2.76 billion) this year, the company’s president warned on Friday. Ecopetrol (ECO.CN), opens new tab may also have to scrap production at some fields and focus on those with lower costs, president Ricardo Roa told journalists on the sidelines of an industry event. Crude oil prices were headed for their second-consecutive weekly loss... »
Brent and West Texas Intermediate crude climbed more than $1 on Friday after U.S. Energy Secretary Chris Wright said the United States could end Iran’s oil exports as part of an effort to bring the Islamic Republic to terms over its nuclear program. Brent crude futures settled at $64.76 a barrel, up $1.43, or 2.26%. U.S. West Texas Intermediate crude finished at $61.50 a barrel, up $1.43 or 2.38%. “Strict... » 
HOUSTON, April 4 (Reuters): Oil prices plunged 7% on Friday to settle at their lowest in over three years as China ramped up tariffs on U.S. goods, escalating a trade war that has led investors to price in a higher probability of recession. China, the world’s top oil importer, announced it will impose additional tariffs of 34% on all U.S. goods from April 10. Nations around the world have readied... » 
Oil prices edged higher on Wednesday as concerns about tighter global supply grew following the U.S. threat of tariffs on nations buying Venezuelan crude, along with a larger-than-expected drop in U.S. crude inventories. Brent crude futures gained 49 cents, or 0.67%, to $73.51 a barrel by 0950 GMT, while U.S. West Texas Intermediate crude futures rose 48 cents, or 0.70%, to $69.48 a barrel. The Reuters Power Up newsletter provides... »
Dhaka, December 31, 2024: The prices of diesel and kerosene have been reduced by Tk 1 per litre with effect from January 1. According to new prices, set by the Energy and Mineral Resources Division for the month of January, per litre of diesel and kerosene will be sold at Tk 104 instead of earlier price of Tk 105 while prices of octane and petrol will remain unchanged at Tk... »
The Bangladesh Petroleum Corporation (BPC) has said there is no likelihood of a fuel price increase in the country in January. BPC Chairman Md Amin Ul Ahsan confirmed this information on Saturday. Amin said: “According to the current dollar assessment in the international market, while we may not be able to reduce fuel prices in January, there is no possibility of an increase.” The BPC chairman explained the reason for... »