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This is a list of notable oil and gas companies of Bangladesh.
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This is a list of notable oil and gas companies of Bangladesh.
Oil India Limited (OIL) is a central public sector undertaking engaged in the business of exploration, development and production of crude oil and natural gas, transportation of crude oil and production of liquid petroleum gas. The central public sector undertaking is a Maharatna, with the Ministry of Petroleum and Natural Gas overseeing its operations. Headquartered in Duliajan, Assam, the company has its offices in Duliajan, Noida, Guwahati and Jodhpur.
Bharat Petroleum Corporation Limited (BPCL) is an Indian public sector undertaking (PSU) under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. It operates three refineries in Bina, Kochi and Mumbai. BPCL is India's second-largest government-owned downstream oil producer, whose operations are overseen by the Ministry of Petroleum and Natural Gas. BPCL was ranked 309th on the Fortune list of the world's biggest PSUs in 2020, and 792nd on Forbes's "Global 2000" list in 2021.
Hindustan Petroleum Corporation Limited (HPCL) is an Indian public sector undertaking in petroleum and natural gas industry, headquartered in Mumbai, and a subsidiary of the Oil and Natural Gas Corporation (ONGC), which is owned by the Ministry of Petroleum and Natural Gas, Government of India.
The Ministry of Petroleum and Natural Gas (MOP&NG) is a ministry of the government of India responsible for the exploration, production, refining, distribution, marketing, import, export, and conservation of petroleum, natural gas, petroleum products, and liquefied natural gas in the country. The ministry is headed by the Cabinet Minister Hardeep Singh Puri. M. M. Kutty is the Secretary of the Ministry. Dharmedndra Pradhan serving as the minister from 26 May 2014 to 7 July 2021 is the longest serving minister till date.
Bangladesh Petroleum Corporation (BPC) is a government agency in Bangladesh to import, distribute and market oil and petroleum products. A. B. M. Azad is the chairperson of Bangladesh Petroleum Corporation.
PetroBangla is a government-owned national gas company of Bangladesh. It explores, produces, transports, manages and sells oil, natural gas and other mineral resources. It also concludes production sharing agreements with other international oil companies for exploration and development of oil and gas resources in Bangladesh.
Jamuna Oil Company Ltd (JOCL) is a subsidiary of the Bangladesh Petroleum Corporation that nationally markets octane, petrol, diesel, kerosene, furnace oil, bitumen and lubricants in Bangladesh. In 1975, it was renamed Jamuna Oil Company (JOCL) after the river Jamuna. It is headquartered in Chittagong, Bangladesh.
Eastern Refinery Limited or ERL is the sole country-owned oil refinery in Bangladesh. ERL, a subsidiary of Bangladesh Petroleum Corporation, plays a vital role in supplying around 40% of country's current petroleum products demand and thus maintains stability in petroleum, oil and lubricants (POL) products market of the country. ERL sometimes becomes the only fall back system available, to avoid products crisis in the face of disruption of products' import.
The Padma Oil Company Limited formerly known as Burmah Eastern Limited, is a subsidiary of Bangladesh Petroleum Corporation (BPC), a statutory organization of the government under the Ministry of Power, Energy, and Mineral Resources. It is registered with the joint-stock company as a public limited company under the Company Act 1913. The company's head office is located on Strand Road in Chittagong, officially known as Chattogram. It is one of three state owned oil distribution companies in Bangladesh with the others being Jamuna Oil Company and Meghna Petroleum Limited.
Bangladesh is the sixteenth-largest producer of natural gas in Asia. Gas supplies meet 56% of domestic energy demand. However, the country faces an acute energy crisis in meeting the demands of its vast and growing population. Bangladesh is a net importer of crude oil and petroleum products. The energy sector is dominated by state-owned companies, including Petrobangla and the Bangladesh Petroleum Corporation. Chevron, ConocoPhillips, Equinor, Gazprom and ONGC are major international companies engaged in Bangladesh's hydrocarbon industry, with Chevron's gas fields accounting for 50% of natural gas production.
Indian Oil Corporation Limited is an Indian oil and gas company under the ownership of the Ministry of Petroleum and Natural Gas, Government of India. Headquartered in New Delhi, it is a public sector undertaking whose operations are overseen by the Ministry of Petroleum and Natural Gas. Indian Oil is ranked 94th on the Fortune Global 500 list of the world's biggest corporations as of 2022. It is the largest government owned oil producer in the country both in terms of capacity and revenue.It has consolidated refining capacity of 80.55MMTPA which it intends to increase to 107MMTPA by 2024-25. As of 31 March 2021, Indian Oil's employee strength is 31,648, out of which 17,762 are executives and 13,876 non-executives, while 2,776 are women, comprising 8.77% of the total workforce.
The Ministry of Power, Energy and Mineral Resources or Ministry of Energy is a ministry of the Government of Bangladesh. It is mainly responsible for all policies and matters relating to electricity generation, transmission, and distribution from conventional and non-conventional energy sources including hydro electricity. It also deals with the Import, Distribution, Exploration, Extraction, Pricing, and other policy related details of the primary fuels.
Sylhet Gas Fields Limited is a government owned major gas company in Bangladesh. It is under Petrobangla and is headquartered in Haripur, Jaintapur, Sylhet District.
Fenchuganj Gas Field is a natural gas field located in Fenchuganj Upazila, Sylhet District, Bangladesh. This company is under the control of Bangladesh Petroleum Exploration and Production Company Limited (BAPEX).
Bangladesh Petroleum Exploration and Production Company Limited is a Bangladesh government owned company responsible for petroleum exploration and production.
Omera LPG is a liquefied petroleum gas (LPG) brand incorporated in Bangladesh that has been developed and owned by Omera Petroleum Limited, a subsidiary of MJL Bangladesh Limited. Omera LPG is engaged in importing, storing, bottling, and distributing LPG in residential, commercial, and industrial sectors.
MJL Bangladesh PLC widely known as Mobil Bangladesh, formerly known as Mobil Jamuna Lubricants Limited, is a company that is jointly owned by Jamuna Oil Company, a subsidiary of government-owned Bangladesh Petroleum Corporation and EC Securities Limited, a subsidiary of East Coast Group. Azam J Chowdhury is the Managing Director of the MJL Bangladesh Limited. M. Mukul Hossain is the Chief Executive Officer of the company. It markets products of ExxonMobil as the strategic alliance partner of the company in Bangladesh.
Meghna Petroleum Limited is a Bangladesh petroleum company owned by Bangladesh Petroleum Corporation, a state owned corporation. Mir Saifullah-Al-Khaled is the managing director of Meghna Petroleum Limited. Md. Anisur Rahman, Senior Secretary at the Energy and Mineral Resources Division is the chairman of the Board of Directors of Meghna Petroleum Limited. It is one of three major petroleum corporations owned by the Government of Bangladesh along with Padma Oil Company and Jamuna Oil Company.
Standard Asiatic Oil Company Limited is a Bangladeshi government owned oil company under Bangladesh Petroleum Corporation. The company sells aviation fuel, bitumen, diesel oil, furnace Oil, and LP gas.