State-owned Bangladesh Petroleum Corp. (BPC) will buy a combined total of 180,000 tons of diesel and kerosene from a state-run Philippine company, a senior official said yesterday.
Bashundhara Group has said it would go ahead with a US$700 million investment in the country's first private sector refinery despite objection by the state-owned Bangladesh Petroleum Corporation (BPC).
DHAKA: Scientists in Bangladesh have developed ways to produce petroleum from degradable organic municipal waste and are now studying its feasibility before going to commercial production.
Amid acute liquidity crisis due to under-pricing of imported petroleum products, the government yesterday approved Bangladesh Petroleum Corporation's (BPC) proposal to take $300 million hard term loan from Standard Chartered Bank.
