BPC

November 4, 2022
November 4, 2022

A BPC concern robs state coffers of Tk 472.7cr

The government has been deprived of Tk 472.7 crore for 21 counts of irregularities by Standard Asiatic Oil Company, a subsidiary of the Bangladesh Petroleum Corporation, found an audit.

September 18, 2022
September 18, 2022

State coffers robbed of Tk 4,697cr by Petrobangla, BPC

The government has been deprived of about Tk 4,697 crore for 19 counts of irregularities by Petrobangla and Bangladesh Petroleum Corporation, found an audit.

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 23, 2022
August 23, 2022

BPC plans to import discounted Russian diesel, jet fuel

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.

August 11, 2022
August 11, 2022

PM asks energy ministry, BPC to explain reasons behind fuel price hike

Prime Minister Sheikh Hasina has given directives to the respective ministry to clarify once again the reason behind the fuel price hike.

April 23, 2022
April 23, 2022

8th grader holds senior officer’s post at Standard Asiatic Oil Company

Shahidul Islam landed a job in Standard Asiatic Oil Company Limited (SAOCL), a partner company of state-run Bangladesh Petroleum Corporation (BPC), as a senior officer (maintenance) in 2015.

February 20, 2018
February 20, 2018

BPC for new oil pricing formula

Bangladesh Petroleum Corporation has put forward a proposal to the energy ministry to introduce an automated pricing formula to adjust petroleum prices against international prices on a monthly basis.

January 19, 2016
January 19, 2016

Is making profit BPC's only job?

For around 15 years, Bangladesh had to struggle with import of oil because the price continued to climb from just $25 in1998 a barrel to $145 in 2008. The country's oil importing agency Bangladesh Petroleum Corporation (BPC) counted staggering losses from 1999 till mid 2014.

January 17, 2016
January 17, 2016

Price cut not on govt's mind

Bangladesh Petroleum Corporation this year is expected to log in twice the profit it counted in fiscal 2014-15 on the back of the low oil price on the international market. The benefits of this low price, however, are yet to trickle down to the consumers.