Gas reserve found in abandoned Beanibazar well

BAPEX, the state-owned gas and oil exploration entity, has found fresh gas reserve in an abandoned well of Beanibazar under Sylhet Gas Field. Bangladesh Petroleum Exploration and Production Company Limited (BAPEX) officials expect that they will get 10 MMCFD (million cubic feet per day) daily from the well. State Minister

Fuel prices hiked due to risk of smuggling to India: Nasrul

Due to the current global situation and risk of fuel smuggling to neighbouring India, fuel oil prices have been adjusted, says State Minister for Power, Energy and Mineral Resources Nasrul Hamid. The state minister made the statement while responding to Jatiya Party (JaPa) MP Mujibul Haque Chunnu in Parliament on Tuesday. The

Petroleum price may go up next month: Nasrul Hamid

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that the government is considering a hike in petroleum prices from next month.  "But the decision will come after discussion with all stakeholders including transport business operators", he told UNB on Friday.  He said the state-owned Bangladesh Petroleum Corporation (BPC)

Dhaka consumes 46% of total electricity Bangladesh generates

Dhaka city alone consumes 46 percent of the electricity Bangladesh produces, while the remaining amount is consumed by the rest of the country. Disclosing the data, State Minister for Power and Energy and Mineral Resources Nasrul Hamid said this is not only a difficult situation, but also a dangerous one. "We've to