The Bangladesh Oil, Gas and Mineral Resources Corporation (Petrobangla) has proposed a significant hike in gas prices for the industrial sector. The proposal, submitted to the Bangladesh Energy Regulatory Commission (BERC) on Monday, suggests raising the price per unit from Tk 30.75 taka to Tk 75.72 -an increase of one and a half times.The proposal ...more

Residents in various areas of the capital already have low gas pressure throughout the year. This pressure decreases further in winter. In addition, the crisis has become severe due to the decrease in gas supply in the pipeline over the past few days. There has been a real outcry across the capital and the country.It ...more

More than a hundred agreements were made in the country’s power and energy sectors through special laws during the Awami League period. Most of these were power sector agreements. Although the Bangladesh Power Development Board (BPDB) fixed the technical aspects of the implementation of large projects in this sector on paper, everything was basically taken ...more

The interim government has embarked on its journey into the new year with a commitment to make the field administration more people-friendly, corruption-free, and accountable. In his New Year speech, head of government Dr. Muhammad Yunus emphasized the importance of these reforms and called on the public to avoid taking the law into their own ...more

The Bangladesh Power Development Board (PDB) is grappling with a widening financial gap as its expenses far exceed its income. Over the past five years, PDB’s income has grown by 81%, but its expenses have surged by 159%, driven by rising production costs and limited electricity price adjustments. This mismatch has led to a 415% ...more

Biman Bangladesh Airlines, the state-owned flag carrier, has once again declared itself a “profitable organization,” posting a net profit of Tk 282 crore for the fiscal year 2023-24. However, this financial report may not reflect the full picture, as the airline continues to grapple with a massive backlog of unpaid debts to multiple organizations, including ...more

Biman Bangladesh Airlines, the state-owned flag carrier, has once again declared itself a “profitable organization,” posting a net profit of Tk 282 crore for the fiscal year 2023-24. However, this financial report may not reflect the full picture, as the airline continues to grapple with a massive backlog of unpaid debts to multiple organizations, including ...more

The recoverable reserves in the Sylhet oil field are estimated to be about 15 million barrels. Consulting firm Schlumberger has mentioned in its report that if extracted at a rate of 600 barrels per day, it is possible to extract it for up to 10 years.Managing Director of Sylhet Gas Field Company Engineer Md. Rezaul ...more

The ongoing gas crisis is putting increasing pressure on industrial production, with severe consequences for the country’s economic growth. Factories across various sectors are grappling with frequent gas shortages, reduced supply, and rising tariffs, leading to production slowdowns and higher operational costs.The gas crisis has affected key sectors such as textiles, ceramics, food processing, and ...more

The political change after the popular uprising has had a positive impact on fuel oil imports. After the interim government took office, new negotiations were held with fuel product suppliers at the international level. This will save Bangladesh Petroleum Corporation (BPC) about Tk 8 billion in fuel import premiums in the next six months.Those concerned ...more