Report in The Daily Star, Oct 31, 2023Two officials of Royal Canadian Mounted Police yesterday narrated before a Dhaka court how some people, including a former Bangladeshi minister received bribes from Niko, a Canadian Oil and Gas Exploration Company, to award a gas exploration and extraction deal to the company. The witnesses were earlier summoned, asking them to appear before it yesterday in connection with the Niko graft case filed against BNP Chairperson Khaleda Zia…
Posts tagged as “Oil”
By Munawar Hasan in The News, September 23, 2023LAHORE: Work on Pakistan-Iran gas pipeline has already started, and we are ready to fully explore the option of importing gas and oil from neighbouring countries, Caretaker Federal Minister for Energy Muhammad Ali said on Friday. “We will explore Iran’s offer to provide natural gas and petroleum products to Pakistan. I met the Iranian ambassador and discussed bilateral energy issues earlier. To respond to the new offer…
report in Daily FT, Sept 2, 2023Sinopec Energy Lanka yesterday announced revised fuel prices, but with a competitive edge over other two established players in the market — Ceylon Petroleum Corporation (CEYPETCO) and the Lanka Indian Oil Corporation (LIOC). The China-based company wasted no time in making its presence felt by offering lower fuel prices compared to its local competitors. As per the latest price revision of Sinopec, a litre of 92 Octane Petrol is…
By Charumini de Silva in The Daily FT, Aug 16, 2023In a decisive move, the Cabinet of Ministers approved the termination of what was once described as the ‘largest-ever foreign direct investment agreement between the Board of Investment (BOI) and Hambantota Oil Refinery after years of protracted inaction to fulfil the stipulations of the contract. “Lack of engagement and failure to honour the commitments outlined in the agreement has prompted President Ranil Wickremesinghe in his…
Report in TOLOnews, May 22, 2023 at 4:10 PMThe Ministry of Mines and Petroleum said that China and Qatar are interested in investing in the oil and gas sector in the country. Homyaoon Afghan, a spokesman for the MoMP, said that representatives of these two countries have met four times with the acting Ministry of Mines and Petroleum regarding oil extraction in the past month. “We have had four meetings with Qatari and Chines investors,…
By Bibi Amina Hakimi, TOLOnews’ ReporterYESTERDAY – 8:38 PM – Edited: YESTERDAY – 10:31 PMThe Ministry of Mines and Petroleum (MoMP) said that China wants to invest in the gas and oil sectors in Afghanistan. A spokesman for the MOMP, Homyaoon Afghan, said that they have provided essential facilities for the investors. “The minister thanked the investors and said that Afghanistan is rich in gas and oil and it is expected that in the near…
by Anil Giri & Tika R Pradhan in Kathmandu Post, Feb 25, 2023Exactly two months after CPN-UML chair KP Oli rescued the prime ministerial ambitions of his CPN (Maoist Centre) counterpart Pushpa Kamal Dahal by ambushing the pre-polls five-party coalition, Nepali Congress appears to have again prised Dahal away from KP Sharma Oli’s embrace. After an over two-hour-long meeting with Prime Minister Dahal on Friday, Oli had departed Baluwatar bitterly disappointed as the Nepali Congress…
by Purushottam Poudel in The Kathmandu Post, January 26, 2023Prime Minister and CPN (Maoist Centre) chair Pushpa Kamal Dahal and CPN-UML chief KP Sharma Oli, who had unexpectedly joined hands to form a governing coalition on December 25, has so far succeeded in forming the government under Dahal’s leadership, expand the Cabinet, and elect the Speaker and Deputy Speaker. The two leaders, who were arch-rivals until a few months ago, however, still harbour suspicion of…
by Tika R Pradhan in The Kathmandu Post, Dec 31, 2022On Friday, CPN-UML chair KP Sharma Oli visited Baluwatar early in the morning to discuss a power-sharing deal and the government’s way ahead with Prime Minister Pushpa Kamal Dahal. The meeting took place a day after coalition leaders formed a high-level mechanism as an oversight body to advise the government. He, however, was the one who had rejected Dahal’s proposal to form such a mechanism…
by Tika R Pradhan in The Kathmandu Post, Dec 30, 2022Three days after Prime Minister Pushpa Kamal Dahal assumed office, a mechanism to support the government has been formed under the leadership of CPN-UML chair KP Sharma Oli. The mechanism is expected to support the Dahal-led government. As its first task, the panel will prepare the government’s common minimum programme within the next five days. A meeting of the coalition partners on Thursday agreed to…