The interim government has reduced taxes and duties on soybean and palm oil to lower prices amid high inflation but this has not helped raise imports. Instead, there is a shortage of bottled edible oil in the markets.
Diesel supply in eight districts of Rangpur has been hampered due to the refusal of loco masters to work overtime and non-arrival of a scheduled consignment through the India-Bangladesh Friendship Pipeline from across the border.
Bangladesh is set to reach a milestone in fuel transport with the commissioning of the 250-kilometre Chattogram-Dhaka diesel pipeline in the middle of December.
An inability to open letters of credit (LCs) since the political changeover on August 5 has resulted in the closure of at least seven enterprises owned by the S Alam Group, including its sugar and edible oil refineries and steel factory.
Bangladesh Petroleum Corporation has paid all its dues to foreign suppliers in just two months with the help of seven private banks.
Two tankers caught fire during ship-to-ship transfer of liquefied petroleum gas (LPG) at the anchorage off Kutubdia, Chattogram, early yesterday, in the third incident of vessels catching fire in two weeks.
Four out of five government-owned urea factories have stopped production due to an acute gas crisis, raising concerns over the availability of enough fertiliser during the ongoing Aman paddy cultivation season and the upcoming Boro paddy season.
Global hikes in tyre and tube-making raw materials rates and a factory rampage at local key manufacturer Gazi Tyres have caused a shortage and price hikes for the auto item used in lightweight two- and three-wheelers like motorbikes and auto-rickshaws.
After a long wait, diesel transportation is going to start through the first-ever undersea fuel pipeline
Diesel transportation from Moheshkhali’s storage tank terminal through the pipeline laid under the sea will finally start on February 29.
A Pakistani citizen has been illegally working at a private university in Chattogram for nearly two and a half years after being appointed by a local ruling-party lawmaker, who is also chairman of the board of trustees of the institution
A 110km pipeline to transport crude oil and diesel from a deep-sea mooring, 16km off the Maheshkhali coast, to Eastern Refinery Ltd in Chattogram’s Patenga is all set to be commissioned tomorrow.
The Chattogram Water Supply and Sewerage Authority is in trouble as tidal saline water has entered the Halda river, water of which Chattogram Wasa uses to supply the city.
Two of the six vendors of the Bangladesh Petroleum Corporation have expressed reservations about providing further fuel cargos, in a development that raises questions of whether the state agency would be able to ensure uninterrupted supply in the coming months.
Russian crude oil cannot be refined in Bangladesh as the country’s lone refinery does not have the equipment to refine it.
The technical committee of the Eastern Refinery (ERL) has said that it is not possible to refine Russian crude oil at the Eastern Refinery.
Bangladesh Petroleum Corporation (BPC) is considering buying discounted diesel and jet fuel from Russia as it seeks relief from the elevated prices in the global market.
A picnic was organised to boost the morale of a batch of SSC and HSC students, but the smiling faces in the group photo taken yesterday morning will remain a poignant reminder that some of those lives were cruelly cut short mere hours later.