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Tags : Oil


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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...

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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...

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Greta Thunberg, activists block Norway oil refinery

Some 200 climate activists including Greta Thunberg of Sweden blocked Norway’s largest oil refinery on Monday in a protest demanding an end to the country’s oil industry, organisers and police said...

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Ctg–Dhaka 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...

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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...

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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...

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Oil execs held in Albania over tax evasion case

The Chinese chief executive of Albania’s largest oil producer was refused bail on Wednesday, amid a tax evasion investigation involving several Bankers Petroleum executives, authorities said.

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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.

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Trump threatens India with higher tariffs

US president Donald Trump said Tuesday he was considering ‘substantially’ hiking tariffs on Indian imports in the next 24 hours over the country’s purchases of Russian oil...

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Ecuador suspends oil exports after pipeline shutdown

Ecuador 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.

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No plan to raise fuel prices for now: adviser

Despite a slight rise in global oil prices amid the Middle East tensions, the government has no plan to raise fuel prices in the domestic market for now, said energy affairs adviser Muhammad Fouzul Kabir Khan...

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Oil prices wobble

Oil prices wobbled and stock markets wavered Monday as traders awaited Tehran’s response to US strikes on Iranian nuclear facilities over the weekend...

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Oil drops, global stocks climb

Oil prices retreated Friday while US and European stock markets gained ground as concerns over a war escalation in Iran eased.

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Oil price rises, global stocks mixed

Oil prices rose and stock markets diverged Wednesday as investors tracked the Israel-Iran conflict and a looming US interest rate decision...

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Battling for breath, water, soil

A THICK, dirty fog often settles over Dhaka by late morning. This vast, overcrowded metropolis, now home to over 20 million people, is grappling with a dire environmental emergency. According to the World Bank, in 2019, air pollution, contaminated water, poor sanitation and exposure to lead were responsible for more than 272,000 premature deaths in Bangladesh...

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Holidays not to affect economy: Salehuddin

The advisory council on government purchase on Wednesday approved a proposal to procure 12.75 lakh tonnes of petroleum fuel oil at a cost of $740 million in the July-December period of 2025...