458:
472:
325:
The Anti
Corruption Commission arrested the former Managing Director of Padma Oil Company, Md Abul Khair, on allegations of embezzling 30 million taka from the company. The case was filed in April 2017 over embezzlement that took place in 1995-1996. In December 2017, Padma Oil Company announced it
290:(BPC) in 1977. In 1985, BOC transferred its entire property in Bangladesh (including Burmah Eastern Limited) in favor of BPC. As per terms of the transfer of BOC's whole share to BPC, Burmah Eastern Limited was required to change its name to Padma Oil Company Limited after the
258:, was established in the middle of the nineteenth century. In 1874, the Rangoon Oil Company was registered as a joint-stock company in Scotland. In 1885, the Rangoon Oil Company was reconstituted and reformed as Burmah Oil Company. Burmah Oil Company established its
277:
Before the partition of the sub-continent in 1947, two oil marketing companies, Burmah Oil
Company (BOC) and Burmah Shell Oil Storage and Distribution Company (BSOC), operated in Bangladesh. Burmah Shell established an aviation depot at
369:
killing one and injuring seven others. Five of the injured died in the hospital which raised the death toll to six. On 11 November 2021, Padma Oil increased the price of jet fuel for the 11th time in around 13 months.
341:
increased the price of fuel in
Bangladesh to pay for this and other projects, including the ongoing construction of a new headquarters in Chittagong and a jet fuel pipeline to the airport in Dhaka. The
1012:
1017:
378:
POCL has a vast depot network to ensure an adequate supply of fuels and agrochemicals throughout the country. The central installation of the company is situated at
Gupthakhal,
333:
In 2020, Padma Oil declared 125 percent cash dividends on its shares. In
November 2021, Padma Oil Limited sought money to construct a 12 storey liaison building at Paribagh,
322:
In July 2013, the Anti
Corruption Commission sued the Managing Director of Padma Oil Company, Abul Khayer, and 91 other employees for illegally hiring staff at the company.
1022:
210:(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
1007:
992:
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820:
266:, Chittagong. Six years later, in the year 1920, M/s Bullock Brothers, a major distributor of Burmah Oil Company, established their trading office at
316:
282:
in the year 1948. In 1965, Burmah Shell transferred their share from BOC, and a new company called Burmah
Eastern Limited was formed. After the
997:
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870:
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oil installation plant at
Chittagong in the year 1903. In 1914, Burmah Oil Company drilled a well at
956:
443:
319:
sued three senior executives at the Padma Oil
Company on charges of embezzlement from the company.
259:
403:
395:
366:
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operates on land leased from Padma Oil
Company and many of the staff are deputed from Padma Oil.
227:
124:
226:. It is one of three state owned oil distribution companies in Bangladesh with the others being
463:
399:
350:
295:
116:
610:
327:
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23:
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LPG and Petromax LPG to sell their LPG in its gas stations. It has similar agreements with
279:
362:
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211:
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38:
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limited company under the Company Act 1913. The company's head office is located on
431:
136:
584:
330:, a state owned airlines, fuel on credit as it was owed 16 billion taka by Biman.
274:, which was taken over by Burmah Oil Company in 1929 to become their main office.
544:
446:, Kurmitola Aviation, and Chattogram Airport Depot) in and all over Bangladesh.
291:
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453:
383:
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223:
219:
94:
59:
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120:
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Padma Oil Company Limited (POCL) is the largest and oldest oil company in
871:"Explosion on oil-tanker vessel in Sugandha river leaves 1 dead, 7 burnt"
435:
411:
361:. In November 2021, a ship exploded at the depot of Padma Oil Company in
419:
379:
354:
128:
423:
407:
511:"Decline in interest income drags down govt-run oil firms' profits"
294:
in 1988. Today, the company is one of the largest distributors of
386:. To ensure uninterrupted fuel supply, POCL has 17 oil depots (
559:"Eastern Lubricant profit jumps for low-cost base oil imports"
897:"Death toll climbs to 6 in Jhalakathi oil tanker explosion"
688:
Barua, Dwaipayan; Miah, Mohammad Suman (31 December 2017).
975:
745:"Oil price hike also to fund BPC's flats, office block"
821:"Padma Oil inks business deal with Beximco LPG Unit-1"
177:
1013:
Non-renewable resource companies established in 1988
846:"Padma Oil signs business deal with Energypac Power"
172:
160:
150:
142:
111:
101:
83:
65:
55:
45:
33:
796:"Padma Oil signs deal with two more LPG companies"
1018:Companies listed on the Chittagong Stock Exchange
771:"Govt policy of profiting from fuel hurts people"
286:, Burmah Eastern Limited became a subsidiary of
637:"Padma Oil ex-MD held for 'embezzling TK 3cr'"
246:, with its ancestor companies dating back to
8:
21:
346:deemed the project costly and unnecessary.
250:colonial period. Its ancestral enterprise,
20:
1023:Bangladeshi companies established in 1988
715:"Padma Oil declares 125pc cash dividend"
690:"BPC won't sell fuel to Biman on credit"
37:Registrar with joint stock company as a
502:
135:& Manufacturing & Marketing of
254:, formerly Rangoon Oil Company in the
41:limited company under Company Act 1913
739:
737:
735:
339:Energy and Mineral Resources Division
7:
1008:Energy companies established in 1988
993:Oil and gas companies of Bangladesh
349:Padma Oil signed an agreement with
310:Eastern Lubricants Blenders Limited
298:in Bangladesh and is listed on the
663:"ACC sues ex-Padma Oil boss Khair"
537:"Historical Events of the Company"
359:Energypac Power Generation Limited
344:Consumer Association of Bangladesh
14:
585:"Three top Padma officials sued"
470:
456:
288:Bangladesh Petroleum Corporation
208:Bangladesh Petroleum Corporation
167:Bangladesh Petroleum Corporation
486:Myanmar Oil and Gas Enterprise
1:
998:Companies based in Chittagong
200:āĻĒāĻĻā§āĻŽāĻž āĻ
āĻ¯āĻŧā§āĻ˛ āĻā§āĻŽā§āĻĒāĻžāĻ¨ā§ āĻ˛āĻŋāĻŽāĻŋāĻā§āĻĄ
28:āĻĒāĻĻā§āĻŽāĻž āĻ
āĻ¯āĻŧā§āĻ˛ āĻā§āĻŽā§āĻĒāĻžāĻ¨ā§ āĻ˛āĻŋāĻŽāĻŋāĻā§āĻĄ
1039:
923:"Now jet fuel price hiked"
374:Operation and distribution
326:will not sell jet fuel to
317:Anti Corruption Commission
22:Padma Oil Company Limited
953:Padma Oil Company Limited
541:Padma Oil Company Limited
304:Chittagong Stock Exchange
284:Bangladesh Liberation War
199:
192:Padma Oil Company Limited
27:
491:Meghna Petroleum Limited
232:Meghna Petroleum Limited
611:"ACC sues Padma Oil MD"
146:US$ 2.06 billion (2019)
133:Liquefied petroleum gas
89:Strand Road, Chittagong
16:Oil company, Bangladesh
222:, officially known as
204:Burmah Eastern Limited
71:; 59 years ago
901:The Business Standard
875:The Business Standard
850:The Financial Express
825:The Financial Express
800:The Financial Express
749:The Business Standard
719:The Financial Express
563:The Business Standard
515:The Business Standard
272:Sadarghat, Chittagong
206:, is a subsidiary of
300:Dhaka Stock Exchange
202:) formerly known as
959:on 5 November 2018.
643:. 21 September 2017
315:In April 2012, the
152:Number of employees
69:April 27, 1965
30:
929:. 11 November 2021
903:. 17 November 2021
877:. 12 November 2021
751:. 19 November 2021
565:. 26 December 2021
547:on 6 October 2018.
367:Jhalokati District
296:petroleum products
252:Burmah Oil Company
228:Jamuna Oil Company
60:Burmah Oil Company
464:Bangladesh portal
188:
187:
117:Petroleum product
1030:
979:
978:
976:Official website
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955:. Archived from
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543:. Archived from
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517:. 2 January 2022
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328:Bangladesh Biman
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156:1172 (2019)
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949:"Depot Network"
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591:. 24 April 2012
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357:LPG Unit-1 and
280:Tejgaon Airport
248:British-India's
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17:
12:
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5:
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1003:Burmah-Castrol
1000:
995:
985:
984:
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968:External links
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963:
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940:
927:The Daily Star
914:
888:
862:
837:
812:
787:
762:
731:
706:
694:The Daily Star
680:
669:. 7 April 2017
667:The Daily Star
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641:The Daily Star
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617:. 11 July 2013
615:The Daily Star
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589:The Daily Star
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363:Sugandha River
335:Shahbagh Thana
256:British Empire
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478:Energy portal
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440:Bhairab Bazar
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414:Rail Siding,
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957:the original
952:
943:
931:. Retrieved
926:
917:
905:. Retrieved
900:
891:
879:. Retrieved
874:
865:
853:. Retrieved
849:
840:
828:. Retrieved
824:
815:
803:. Retrieved
799:
790:
778:. Retrieved
774:
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753:. Retrieved
748:
722:. Retrieved
718:
709:
697:. Retrieved
693:
683:
671:. Retrieved
666:
657:
645:. Retrieved
640:
631:
619:. Retrieved
614:
605:
593:. Retrieved
588:
579:
567:. Retrieved
562:
553:
545:the original
540:
531:
519:. Retrieved
514:
505:
432:Brahmanbaria
377:
348:
332:
324:
321:
314:
308:
276:
241:
203:
191:
189:
137:Agrochemical
84:Headquarters
34:Company type
18:
351:Bashundhara
292:Padma River
268:Strand Road
260:Maheshkhali
216:Strand Road
103:Area served
56:Predecessor
987:Categories
497:References
404:Parbatipur
396:Bhaghabari
384:Chittagong
244:Bangladesh
224:Chattogram
220:Chittagong
95:Bangladesh
76:1965-04-27
933:4 January
907:4 January
881:4 January
855:4 January
830:4 January
805:4 January
780:4 January
755:3 January
724:4 January
699:4 January
673:4 January
647:4 January
621:4 January
595:4 January
569:4 January
521:4 January
428:Srimangal
416:Jhalakati
392:Daulatpur
337:, Dhaka.
264:Sitakunda
121:Lubricant
50:Petroleum
450:See also
436:Ashuganj
412:Rajshahi
400:Chandpur
388:Godenail
302:and the
112:Products
107:National
46:Industry
775:New Age
444:Rangpur
442:Barge,
422:Barge,
420:Barisal
380:Patenga
355:Beximco
238:History
196:Bengali
173:Website
143:Revenue
129:Bitumen
74: (
66:Founded
24:Bengali
424:Sylhet
408:Natore
382:, and
212:public
162:Parent
125:Grease
39:Public
935:2022
909:2022
883:2022
857:2022
832:2022
807:2022
782:2022
757:2022
726:2022
701:2022
675:2022
649:2022
623:2022
597:2022
571:2022
523:2022
230:and
190:The
180:.gov
178:pocl
365:in
218:in
182:.bd
989::
951:.
925:.
899:.
873:.
848:.
823:.
798:.
773:.
747:.
734:^
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306:.
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234:.
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809:.
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194:(
78:)
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