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.
The advisory council commitee on government purchase in a meeting on Wednesday approved procurement of refined petroleum fuel oil from six countries at a cost of Tk聽10,006.63 crore...
Oil prices recovered as stock markets diverged Wednesday while traders assessed whether the Israel-Iran ceasefire would endure...
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...
Oil prices wobbled and stock markets wavered Monday as traders awaited Tehran鈥檚 response to US strikes on Iranian nuclear facilities over the weekend...
Oil prices surged and Asian markets traded lower on Monday on concerns of disruption to energy markets after US air strikes on Iran鈥檚 nuclear facilities...
Oil prices retreated Friday while US and European stock markets gained ground as concerns over a war escalation in Iran eased.
Oil prices rose and stock markets diverged Wednesday as investors tracked the Israel-Iran conflict and a looming US interest rate decision...
Stocks rose and oil prices pulled back on Monday as fears of a wider Middle East conflict eased even as Israel and Iran pounded each other with missiles for a fourth day...
Oil prices soared and stocks sank Friday after Israel launched strikes on Iran, prompting retaliation from Tehran and stoking fears of a full-blown war...
Oil prices soared and stocks sank after Israel launched strikes on Iranian nuclear and military sites on Friday and warned of more to come, stoking fears of a full-blown war.
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...
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...
US president Donald Trump鈥檚 tariffs, his call to 鈥榙rill baby drill鈥� and especially a decision by OPEC+ to hike crude output quotas have oil prices trading at lows not seen since the Covid pandemic...
Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July...
The government on Tuesday approved separate proposals for procuring some 1 cargo LNG, 70,000 tonnes of fertiliser and 45 lakh liters of refined rice bran oil to meet the growing demand of the country...
Crude prices rallied Wednesday following a report that US intelligence suggested Israel was planning a strike on Iranian nuclear facilities, which would send geopolitical tensions into overdrive and fuel regional conflict fears...
Managing director of the state-run Padma Oil Company Limited Md Abdus Sobhan has sent his resignation letter to the Bangladesh Petroleum Corporation...
Oil prices tumbled Thursday as president Donald Trump said the United States was close to making a deal on Iran鈥檚 nuclear programme, which could pave the way for increased crude supplies...
Record fossil fuel production kept planet-heating methane emissions near historic highs last year, the International Energy Agency said Wednesday, warning of a surge in massive leaks from oil and gas facilities...
The Bangladesh Petroleum Corporation is glutted with furnace oil due to its consumption in the power plants falling far below than the predicted.
SOIL is not just dirt beneath our feet. It is the foundation of life. It feeds us, supports biodiversity and shapes human health. But in Bangladesh, this vital layer of earth is turning toxic. Few notice it, but the ground that grows our rice and vegetables is slowly poisoning us...
The Consumers Association of Bangladesh on Tuesday urged the government to take strict action against the soya bean oil syndicate as 鈥榚dible oil is going beyond the reach of consumers due to the manipulation of syndicates鈥� in the domestic market.
Consumers Association of Bangladesh on Tuesday urged the government to take strict action against the Soybean oil syndicate as 鈥榚dible oil is going beyond the reach of consumers due to the manipulation of syndicates鈥� in the domestic market...
Commerce adviser Sheikh Bashir Uddin visited Sena Edible Oil Industries and Sena Flour Mill, Narayanganj 鈥� subsidiary organisations of the Sena Kallyan Sangstha 鈥� for their special contributions to the production of high-quality and standard-compliant products...
Global oil demand growth is set to accelerate this year but the escalating trade war launched by US President Donald Trump threatens to disrupt the market, the International Energy Agency said Thursday...
The shortage of soya bean oil is ongoing in the Dhaka city stores as of Friday, although the commerce adviser assured that the edible oil shortage problem would be solved shortly.
The administration set the price of loose edible oil at different levels in Chattogram from importers to retail sellers in a decision at a special task force meeting on Tuesday...
The supply of packaged soya bean oil remained inadequate on Dhaka鈥檚 kitchen markets and general stores as on Monday, with retailers reporting that companies were yet to meet demand following weeks of supply shortage.
The scarcity of bottled soybean oil continues across Dhaka鈥檚 markets, including Karwan Bazar, one of the country鈥檚 largest wholesale hubs...