Edible oil prices have not been raised: govt
Commerce adviser Sk Bashir Uddin on Tuesday stated that the government did not increase the prices of edible oil.
Tags : Oil
Oil millers hike edible oil prices; ministry denies giving approval
The prices of edible oils have been hiked at different levels聽from Tuesday, according to a press release issued by the Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association on Monday.
US slaps sanctions on dozens over links to Iran oil exports
The US Treasury announced sanctions on more than 50 people, companies and ships tied to Iran鈥檚 oil sector on Thursday, stepping up its campaign against a key revenue source for Tehran...
Opec+ to raise oil output by 1,37,000 bpd in Nov
Saudi Arabia, Russia and six other members of Opec+ on Sunday decided to raise their production quotas by 1,37,000 barrels per day in November, as they continue to push for greater market share.
G7 ministers to target those increasing Russia oil purchases
G7 finance ministers pledged Wednesday to take aim at those who are continuing to step up purchases of Russian oil, since Moscow鈥檚 invasion of Ukraine more than three years ago...
Tk 7cr splurged on five VVIP toilets
The Local Government Division has approved a China visit for three officials to learn how to run and maintain five VIP mobile toilets purchased for Dhaka South City Corporation.
Bangladesh govt raises edible oil price
The government on Monday decided to increase the price of edible oils by Tk 1 per litre following a demand by the refiners to make an upward adjustment in the prices by Tk 10.聽
EDIBLE OIL PRICE:聽Refiners want hike, ministry to meet businesses tomorrow聽
The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association has submitted a proposal to the commerce ministry, seeking price hikes of soya bean oil and palm oil.
NBR imposes 20pc RD on rice bran oil exports
The National Board of Revenue imposed a 20 per cent regulatory duty on the export of rice bran oil from Bangladesh...
Global oil supply hit record high in August: IEA
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Oil-rich Guyana seeks to escape 鈥榬esource curse鈥� as voters head to polls
Guyana, a small South American nation with the world鈥檚 largest oil reserves per capita, heads to presidential elections on Monday, that is tomorrow, seeking to escape the 鈥榬esource curse鈥� that has plagued other petroleum-rich countries.
Guyana, emerging oil superpower, to elect new leaders
South America鈥檚 only English-speaking country Guyana goes to the polls on Monday in elections that will decide who will manage the nation鈥檚 bountiful new oil riches.
50pc US tariffs on Indian goods take effect
US tariffs of 50 per cent took effect Wednesday on many Indian products, doubling an existing duty as President Donald Trump sought to punish New Delhi for buying Russian oil...
Agreement, victims forgotten
The 19th anniversary of Phulbari Tragedy Day will be observed today with the demand of full implementation of the Phulbari agreement signed between the government and the National Committee to Protect Oil, Gas, Mineral Resources, Power and Ports...
Greta Thunberg, activists block Norway oil refinery
Some 200 climate activists including Greta Thunberg of Sweden blocked Norway鈥檚 largest oil refinery on Monday in a protest demanding an end to the country鈥檚 oil industry, organisers and police said...
Ctg鈥揇haka pipeline starts fuel supply
The Chattogram-Dhaka pipeline started supplying fuel on Saturday, with power, energy and mineral resources adviser Muhammad Faozul Kabir Khan inaugurating the facility on the day...
Oil prices rise ahead of US-Russia summit
Wall Street stocks finished little changed Thursday as markets absorbed a disappointing inflation report, while oil prices shot higher on the eve of a US-Russia summit on Ukraine...
Court halts TotalEnergies鈥� S African oil exploration
A South African court has refused environmental authorisation for offshore drilling in a venture led by French energy giant TotalEnergies near the foot of Africa, in a ruling seen by AFP Thursday...
Africa鈥檚 biggest oil refinery starts free shipping to retailers
Africa鈥檚 biggest oil refinery will on Friday start direct and free shipping of fuel to retailers in Nigeria, a move expected to disrupt the oil sector in the continent鈥檚 largest crude producer...
Govt reduces loose palm oil price by Tk 19 per litre
The government has reduced the retail price of loose palm oil by Tk聽19 per litre, bringing it down from Tk聽169 to Tk聽150, following a decline in prices on the international market...
BPC asked to curb adulterated fuel oils
The Energy Division has decided to launch a crackdown on adulterated fuels oils in the wake of complaints of bad performances and growing maintenance cost of automobiles, its officials said...
Oil industry presence surges at UN plastic talks: NGOs
Environmental NGOs are raising concerns about the growing presence of petrochemical industry lobbyists at talks to forge a global treaty to combat plastic pollution...
Oil execs held in Albania over tax evasion case
The Chinese chief executive of Albania鈥檚 largest oil producer was refused bail on Wednesday, amid a tax evasion investigation involving several Bankers Petroleum executives, authorities said.
Iraq denies role in Iran oil smuggling
Iraqi authorities denied on Friday that the country had played any part in Iranian efforts to evade US sanctions on oil exports after Washington last month linked a local businessman to the practice.
Trump threatens India with higher tariffs
US president Donald Trump said Tuesday he was considering 鈥榮ubstantially鈥� hiking tariffs on Indian imports in the next 24 hours over the country鈥檚 purchases of Russian oil...
BP makes largest oil, gas discovery in 25yrs off Brazil
Britain鈥檚 BP announced Monday it made its biggest oil and gas discovery in 25 years off the coast of Brazil, as it shifts back to its fossil fuel business...
India trashes Trump鈥檚 comment of Russian oil supply
Rebuffing the US president Donald Trump鈥檚 comment on stopping Russian oil supply, the Indian Ministry of External Affairs said they were unaware of any pause on the imports of oil from Russia, reports NDTV...
Oil painting exhibition portrays female spirituality
Visual artist Liton Kar鈥檚 solo oil painting exhibition portraying female spiritual figures and expression is under way at Alliance Fran莽aise de Dhaka at Dhanmondi in the capital...
IEA sees anaemic global oil demand growth amid tariff turmoil
Growth in oil demand is anaemic globally, with several countries in the crosshairs of US President Donald Trump tariff threats suffering drops, the IEA said Friday...
Ecuador suspends oil exports after pipeline shutdown
Ecuador聽has suspended its oil exports after shutting down its two main pipelines due to damage from torrential rains in the Amazon region, the chief of state oil company Petroecuador said Thursday.
