The energy authority of interim government of Bangladesh on Wednesday closed to receive the documents for offshore bidding to explore natural gas and oil in the Bay of Bengal by the international oil companies

Petrobangla, EMRD and Special assistant to Chief advisor to Care Taker Government have joined the chorus that the gas resource of this country is running out and hence connection to new gas connection are being given to all gas franchise in Bangladesh. Why this panic?

Frequent outages without prior notice are hitting hard manufacturing industries across the country with small and medium units suffering the most, industry people said.

Bangladesh's textile producers, major export earners, said on Monday that a government decision to limit gas use by industry would cause at least $18 million in lost production each month.

About 25 acres of paddy fields and human habitats in two villages near the mine operated by Barapukuria Coal Mining Company of Dinajpur have subsided again by 20 to 22 inches.

The Jeddah-based Islamic Development Bank (IDB) has agreed to lower interest rate for loans for oil import by the state-run Bangladesh Petroleum Corporation (BPC), a senior official said on Monday.

Lundin Petroleum reported that well Wan Machar-1, located in the swamp area on the east flank of the southern Muglad Basin in Block 5B, Sudan, reached Total Depth at 1,466 metres