Petrobangla

Offshore Gas Exploration: Petrobangla drafts new negotiation guidelines

Petrobangla has prepared a draft of the Production Sharing Contract (PSC) for offshore gas exploration that improves the state-owned company’s bargaining position when it sits down for negotiation with global oil companies.

Gas price hike spells trouble for industries

The latest hike of gas prices undoubtedly spells trouble for industries as they will try to shift the burden onto consumers by raising product prices, which will boomerang onto them by eating away at their competitiveness in international markets. 

Curbing BERC’s authority sets us up for more trouble

The amendment to BERC Act alters its position as the sole authority for fixing energy prices.

Another day, another damning audit report

Will Petrobangla remain unaccountable?

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.

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

Indemnity recommended for Petrobangla officials from legal proceedings

A recommendation has been made to a parliamentary standing committee that a martial-law era provision be brought back for shielding Petrobangla officials from legal proceedings for “acting in good faith”.

Meant for gas exploration, TK 2000cr used for LNG import

Petrobangla used around Tk 2,000 crore from the Gas Development Fund, which was formed for gas exploration, to import liquefied natural gas. According to Bangladesh Energy Regulatory Commission, Petrobangla did not take necessary permission for this.

May 9, 2023
May 9, 2023

Offshore Gas Exploration: Petrobangla drafts new negotiation guidelines

Petrobangla has prepared a draft of the Production Sharing Contract (PSC) for offshore gas exploration that improves the state-owned company’s bargaining position when it sits down for negotiation with global oil companies.

January 19, 2023
January 19, 2023

Gas price hike spells trouble for industries

The latest hike of gas prices undoubtedly spells trouble for industries as they will try to shift the burden onto consumers by raising product prices, which will boomerang onto them by eating away at their competitiveness in international markets. 

December 19, 2022
December 19, 2022

Curbing BERC’s authority sets us up for more trouble

The amendment to BERC Act alters its position as the sole authority for fixing energy prices.

September 19, 2022
September 19, 2022

Another day, another damning audit report

Will Petrobangla remain unaccountable?

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 27, 2022
August 27, 2022

Only the guilty need indemnity laws

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

August 24, 2022
August 24, 2022

Who will rein in Bangladesh Petroleum Corporation?

It must be made accountable for its irregularities

August 23, 2022
August 23, 2022

Indemnity recommended for Petrobangla officials from legal proceedings

A recommendation has been made to a parliamentary standing committee that a martial-law era provision be brought back for shielding Petrobangla officials from legal proceedings for “acting in good faith”.

August 7, 2022
August 7, 2022

Meant for gas exploration, TK 2000cr used for LNG import

Petrobangla used around Tk 2,000 crore from the Gas Development Fund, which was formed for gas exploration, to import liquefied natural gas. According to Bangladesh Energy Regulatory Commission, Petrobangla did not take necessary permission for this.

August 3, 2022
August 3, 2022

Petrobangla’s dangerous dependency on gas imports

Self-sufficiency can rid us of the threat of energy crises