July 23, 2026
Petrobangla says plans are under way to buy two new drilling rigs to strengthen BAPEX's exploration capacity
Owners warn they will close stations indefinitely from Aug 23
The largest outstanding amount - Tk 218.46 billion - is owed by Petrobangla
On Thursday, Petrobangla chairman Md Arfanul Hoque was removed from his post and attached to the Ministry of Public Administration
The move comes weeks into restructuring push across energy sector administration
Gas supply dropped by about 400 MMCFD as an FSRU was shut for technical reasons
Petrobangla plans to drill 50 exploration wells this year alone
Illegal hoarding and black marketing are behind the existing “artificial oil crisis”, Tuku says
