2 of my blog related to Stock Exchange News update of Bangladesh was deleted and the cause was ‘SPAM’.

First one was deleted on: 1st February, and the URL was:

http://dhaka-stock-exchange-news.blogspot.com/

It was an established blog with all post contents reference and Copyright Information. It was running good. In Bangladesh there is something Gambling happening in stock market in very soon. On that blog my last post was about this Gambling issue, how it is going to happening which will just crash our economy. But without any notification Blogger Deleted the Blog with Reasons “SPAM”.

After that I created another URL:
http://bangladesh-stock-exchange-news.blogspot.com/

on 2nd February. It was also running fine. That day I posted a news from URL “http://nation.ittefaq.com/issues/2010/03/02/news0017.htm” that authority of Stocks Exchange received thread to death, if they don’t open netting facility. Just after This posting, Blogger deleted this blog with same cause “SPAM”. How it possible? There is no way to contact Google Authority to re-verification. I can understand now that there is a very very big black hand behind The Gambling on our Country’s Stock Market. May Allah Save Innocent Investors on Chittagong & Dhaka Stock Exchange

Thanks
Ahamed Bauani
http://www.bauani.org/

Tags: Dhaka Stock Exchange, DSE, SEC

Oil and Gas Exploration in Offshore area in Bangladesh will not start by this winter. According to officials, Bangladesh will not be able to start the process of offshore oil and gas exploration by this winter.

BdNews24.Com Reports:

The interim cabinet at a meeting on Sunday directed the officials to place fresh proposals after further scrutiny for signing contracts with the two companies previously nominated through technical evaluation.

Chief adviser Fakhruddin Ahmed chaired the meeting.

After the meeting, M Tamim, special assistant to the chief adviser in charge of power, energy, and mineral resources, told bdnews24.com that directives were given to scan those proposals.

The ministry officials said as exploration work usually starts in the winter Bangladesh lags behind most neighbouring countries.

The two companies winning the bid are Conoco-Phillips and Tullow. The former is due to get eight deep-sea blocks –10, 11, 12, 15, 16, 17, 20, 21 – while the latter is set to sign a production-sharing contract for Block 5, they said.

it also reports:

The government called an international tender on Feb 15 for 28 offshore blocks, and Petrobangla opened the bid documents on May 7 to complete evaluation of the proposals in three weeks.

Seven international companies that responded include the Houston-based Conoco-Phillips, Australia’s Santos International, Longwoods Resources (a US-China joint venture), Korea International Oil Corporation, China National Offshore Oil Corp (CNOOC), Comtrack Services and London-based Tullow.

The government would sign a four-year exploration deal for shallow sea blocks and a five-year for deep-sea blocks – both renewable by four years, officials said.

Following submission of development plans, agreement will be signed for gas and oil fields for 25 years and 20 years respectively.

The companies will pay compensation in case of accidents stemming from neglect and inefficiency.

Any company wishing to sell more than 50 percent of its shares would have to take permission from the government, ministry officials said.