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.
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.
Ten out of 11 victims, who died as a train hit a microbus at a rail crossing in Mirsharai of Chattogram today (July 29), were teachers and students of a coaching centre at Hathazari upazila of Chattogram.
Eid is a celebration for Muslims across the world, a celebration that brings people together. However, different countries have different customs and cultures of celebrations, and even within the same countries, the celebrations take different faces in different regions.
Pushing through the front door, visitors’ eyes would be greeted by a range of unfamiliar trees. A mangrove garden has been set up at the front -- with saplings collected from the Sundarbans.
On August 18, 2008, 11 people, including five members of the same family, died in a landslide at Matijharna of the city’s Lalakhan Bazar.