State Minister for Power, Energy and Mineral Resources Nasrul Hamid said seven reputed international companies purchased bid documents to participate in the bidding round for offshore hydrocarbon exploration in Bangladesh. Report UNB He said this while talking to reporters on the sidelines of the promotional seminar on Bangladesh Offshore Bidding Round 2024 at a city hotel on Wednesday. The state minister said huge presence of international oil companies in the event proves that they have full c

Prime Minister (PM)s Energy Advisor Dr Tawfiq-e-Elahi Chowdhury, Bir Bikram, today said Bangladesh was facing challenge not to be created by it rather it is created by others. Some countries were responsible for certain crises of dollar and others as current wars (in the world) created volatile situation, he said at a seminar on Geology for Sustainable Development organized by Bangladesh Geological Survey Department (GSB) at Petrocenter here. GSB Director General (DG) Tahmina Yasmin presided ove

Petrobangla (Bangladesh Oil, Gas and Mineral Corporation) initiated an international tender in March for offshore oil and gas exploration, following the approval of the revamped model production sharing contract (PSC). This marks a resumption of exploration tenders after a prolonged hiatus, with the bidding round set to conclude by September. A promotional seminar was organized on May 8 at a Dhaka hotel to spotlight this offshore bidding initiative. At the event, State Minister for Power, Energy

Distinguished fellow of the Centre for Policy Dialogue (CPD) Dr. Debapriya Bhattacharya on Sunday said that the purchasing power of marginal, middle class and lower middle class has decreased due to the direct impact of double-digit inflation. So the main budget for the next fiscal year 2024-2025 will be how to restore the stability of the macro economy and reducing the high inflation. He said this at a press briefing when unveiling a survey report titled New Government, National Budget and Citi