Bangladesh Petroleum Corporation | The Daily Star
  • Bangladesh Oil Price

    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.

  • Bangladesh Oil Price

    Why are citizens paying so much more?

    And it makes even less sense to now charge the same taxpayers' higher prices so that the BPC can deposit the subsidy amount to the government. What good is it to have citizens pay double and have the money sitting around in the government's coffers?

  • Gas extraction begins at Sundalpur field

    State-owned Bangladesh Petroleum Exploration and Production Company Limited (Bapex) begins extraction of natural gas from Sundalpur gas field in Noakhali.

  • Dhaka, Delhi to sign deal on energy cooperation

    Bangladesh Petroleum Corporation (BPC) and Indian Oil Corporation Ltd (IOCL) to sign a memorandum of understanding (MoU) on cooperation of downstream oil and gas sector opportunities tomorrow.

  • 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.

  • 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.

  • Draft Petroleum Corporation Act gets nod

    Cabinet gives its final approval to the draft of Bangladesh Petroleum Corporation Act 2015 doubling the jail term and fine for defaulters.

  • BPC to buy spilled oil at Tk 30 per litre

    Bangladesh Petroleum Corporation will pay Tk 30 for buying per litre of oil spilled from three wagons of a train that plunged into a canal in Boalkhali upazila in Chittagong.