Bangladesh Petroleum Corporation (BPC)

Saudi Arabia's Islamic Trade Finance Corp to provide $1.4 billion to Bangladesh Petroleum

The ITFC, part of Saudi Arabia's Islamic Development Bank, said the financing was aimed at developing Bangladesh's energy infrastructure

Padma Oil’s profit drops 18%, but Meghna posts 8.6% rise in Q2

However, both of the state-owned oil marketer made profits in Jul-Dec period

Bashundhara likely to be first private entity to market fuel oil

The company has been selling its bitumen plant's by-products like diesel and petrol to the BPC

When will fuel prices be adjusted?

Government must reduce financial burden for citizens

How sustainable is our 'electricity revolution'?

It’s time to address the technical, operational, managerial, design and planning aspects of the energy crisis.

Corruption has crossed all limits

BPC once again found to be at the centre of it

Only the guilty need indemnity laws

The national energy crisis is a direct result of the corruption and nepotism encouraged by the indemnity law.

Who will rein in Bangladesh Petroleum Corporation?

It must be made accountable for its irregularities

August 24, 2022
August 24, 2022

BPC irregularities: JS committee stunned

There has been no external audit of the accounts of Bangladesh Petroleum Corporation over the last 10 years, the Parliamentary Standing Committee on Public Undertakings has found.

August 11, 2022
August 11, 2022

Why should people suffer for a bad pricing policy?

The government must reconsider its fuel price hike decision

August 10, 2022
August 10, 2022

''BPC's Tk 48,000cr profit overstated; now to make Tk 205cr per month"

After the latest fuel price hike, Bangladesh Petroleum Corporation will make a profit of Tk 205 crore per month, provided that the dollar price continues at the rate of July.

August 7, 2022
August 7, 2022

The energy policy is becoming increasingly illogical

Does the government at all care about the socioeconomic fallout of massive fuel price hikes?

August 6, 2022
August 6, 2022

A black day in the history of fuel prices

Record price hikes mark an anti-people policy shift

August 6, 2022
August 6, 2022

“Selling diesel at Tk 114 per litre, BPC will still incur loss”

Following the criticism that Bangladesh Petroleum Corporation made profits earlier but did not decrease fuel prices and now when they are at loss, they hiked the prices, State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said BPC used its profits in various development projects.

August 6, 2022
August 6, 2022

Fuel price hike: Ctg transport owners demand new fares, suspend services

Chittogram Metropolitan Transport Owners' Association has announced that the public transportation service in Chattogram city will remain suspended from this (August 6, 2022) morning until the government re-fixes the fares to adjust to the fuel price hike.

July 27, 2022
July 27, 2022

BPC chairman says current stock normal, petrol pumps not told to limit fuel sales

Bangladesh Petroleum Corporation (BPC) Chairman ABM Azad today (July 27, 2022) said if imports were stopped today, the stock diesel (4,31,000 MT) will be able to meet demands of the whole country for 32 days.

July 16, 2022
July 16, 2022

Local airlines to face hurdles as jet fuel price goes up yet again

Local airlines will face a severe blow and lose global competitiveness due to the unprecedented increase in jet fuel prices in the domestic market yet again.

June 17, 2022
June 17, 2022

Govt took profits of Petroleum Corporation, left it in lurch

Bangladesh Petroleum Corporation made huge profits for seven years through import of petroleum at low prices but the government took that money, leaving the BPC ill-equipped to cope with the current international market volatility.

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