Eastern Refinery Limited (ERL), Bangladesh’s sole state-run facility for processing crude oil into various petroleum products, set a record by surpassing its installed production capacity in fiscal year 2024-25.
Bangladesh’s energy sector may come under significant threat if the Iran-Israel war escalates and Iran follows through on its threat to block the Strait of Hormuz, a vital maritime trade route through which one-fifth of the world’s oil supply is shipped every day.
Bangladesh may face disruptions to its fuel imports if the conflict between Iran and Israel escalates further, according to industry experts and officials.
Iran may shut down the route through which Bangladesh’s fuel supplying nations move ships
Although the National Board of Revenue (NBR) resumed regular operations yesterday after nearly two weeks of protests and work abstentions, ship and container congestion has once again gripped the Chattogram Port, triggering concern among businesses over potential delays in cargo handling and increased logistics costs.
At least 52 garment factories, both small and large, have closed in the past six months in Chattogram thanks to a 25 percent drop in work orders amid political instability, according to Industrial Police sources.
For the past two weeks, residents of Chattogram have been grappling with an acute crisis of drinkable water as rising salinity levels in the supply have made it virtually undrinkable.
As traffic movement on highways resumed following the relaxation of the nationwide curfew imposed by the government, fuel transportation from depots to filling stations started in full swing on Wednesday.
The ongoing curfew, which began on Saturday, has resulted in fewer vehicles plying streets throughout the country. As a result, fuel sales have decreased significantly.
Summit’s floating LNG terminal returned to the Bay of Bengal near Moheshkhali after repairs from the damages done by Cyclone Remal in May.
Chittagong University recruited 172 employees without any advertisements and recruitment tests during the tenure of immediate past vice chancellor Shireen Akhter.
The authority or owning firm of the ship, which has been hijacked by Somali pirates, needs to exercise caution while making comments to the media, said a former captain of a vessel who went through the same ordeal.
Suspected Somali pirates yesterday hijacked a Bangladesh-flagged cargo ship with 23 crew members in the Indian ocean, according to the company that owns the vessel.
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.
