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
BSS: The first ever Dhaka-Chattogram fuel oil transportation pipeline is set to be commissioned towards the end of January 2025 aimed at beginning commercial operation from April, saving an amount of Tk. 236 crore in transport cost annually. “The pipeline would not only ensure the secure transportation of fuel oil but also eliminate costs and misuse of fuel,” chairman of Bangladesh Petroleum Corporation (BPC) Amin Ul Ahsan told BSS. He... »
DUBAI, Oct 10 (Reuters): Gulf states are lobbying Washington to stop Israel from attacking Iran’s oil sites because they are concerned their own oil facilities could come under fire from Tehran’s proxies if the conflict escalates, three Gulf sources told Reuters. As part of their attempts to avoid being caught in the crossfire, Gulf states including Saudi Arabia, the United Arab Emirates and Qatar are also refusing to let Israel... »
NEW YORK, Sept 5 (Reuters) – Oil prices held at a 14-month low on Thursday as worries about demand in the U.S. and China and a likely rise in supplies out of Libya offset a big withdrawal from U.S. inventories and a delay to output increases by OPEC+ producers. Brent futures were down 1 cent to settle at $72.69 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 5... » 
The interim government has reduced the prices of petroleum products under the automatic fuel pricing formula with effect from September 1. The retail prices of diesel and kerosene will be reduced by Tk 1.25 per litre and petrol and octane by Tk 6.0 per litre. Fouzul Kabir Khan, The Adviser for Power, Energy and Mineral Resources, gave this information to reporters around 11am on Saturday before inspecting the under-construction Rupsa... »
HOUSTON, Aug 30 (Reuters) – Oil prices retreated on Friday as investors weighed expectations of a rise in OPEC+ supply starting in October, alongside dwindling hopes of a hefty U.S. interest rate cut next month, following data showing strong consumer spending. Brent crude futures for October delivery , which expire on Friday, settled $1.14 lower, or 1.43%, at $78.80 a barrel, marking a decline of 0.3% for the week... »
The government today (30 June) set the automated retail prices of petroleum fuel for the month of July by reducing diesel and kerosene prices by Tk1. As per a gazette notification of the Ministry of Power, Energy and Mineral Resources, per litre diesel and kerosene will be sold at Tk106.75 in July. The prices of petrol and octane have been kept unchanged at Tk127 and Tk131 per litre, respectively, reads... » 
The government has further increased the retail prices of diesel, kerosene, petrol and octane for the month of June due to devaluation of Taka against US dollar. The Energy and Mineral Resources Division set the new automated price through a gazette notification as per the government decision on Thursday. As per a gazette notification, the prices of diesel and kerosene have been raised by Tk 0.75 to Tk 107.75 per... » 
Though Petroleum Transmission Company (PTC)- PLC (public limited company) was formed about two years ago as new subsidiary of the Bangladesh Petroleum Corporation (BPC) to take over the operations and maintenance (ONM) responsibility of the fuel transmission facilities across the country, the new entity has to wait some more years to start the job. According to official sources, since the inception of the new entity, some 62 officials and employees... »
April 17 (Reuters) – Oil prices extended losses on Wednesday as worries about global demand due to weak economic momentum in China and a likely rise in U.S. commercial stockpiles outweighed supply fears from heightened tensions in the Middle East. Brent futures for June fell 40 cents, or 0.44%, to $89.62 a barrel by 0632 GMT, while U.S. crude futures for May fell 48 cents, or 0.56%, to $84.88 a... » 
SINGAPORE, April 12 (Reuters) : Oil prices rose on Friday as heightened tensions in the Middle East raised the risk of supply disruptions from the oil-producing region, though prices are set for weekly losses amid expectations of fewer U.S. interest rate cuts this year. Brent crude futures climbed 51 cents, or 0.57%, to $90.25 a barrel by 0420 GMT, while U.S. West Texas Intermediate crude futures rose 61 cents, or... »