Chinese oil major Sinopec expects to start operations in Sri Lanka on Sept. 20 and will be allowed to sell fuel for less than the maximum retail price set by the government, Sri Lanka's power minister said on Tuesday (15)
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A US petroleum company signed an agreement with Sri Lanka on Thursday (8) allowing it to import andsell fuel in the country, less than a month after Chinese petroleum giant Sinopec also acquired rights to enter the retail market, as the…
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Sri Lanka’s state-run Ceylon Petroleum Corporation will be operating on the weekend to complete all fuel deliveries to end vehicle queues forming outside fuel stations in the aftermath of the price revision earlier in the week
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Sri Lanka on Sunday (28) announced a new weekly fuel quota, increasing by a third to 40 litres for cars and vans, while almost doubling the allocation for motor bikes to 14 litres, effective midnight Wednesday (31
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Sri Lanka’s government on Wednesday (29) announced significant cuts in fuel prices, providing welcome relief for many after a year of shortages and skyrocketing prices amid the country’s worst economic crisis
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Sri Lanka’s Power and Energy Minister Kanchana Wijesekera assured to cut fuel prices in April citing falling international oil prices and ability to get a competitive prices after regained trust from suppliers due to the International…
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Earth is likely to cross a critical threshold for global warming within the next decade, and nations will need to make an immediate and drastic shift away from fossil fuels to prevent the planet from overheating dangerously beyond that…
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A look back at how Sri Lanka's financial crisis unfolded
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Sri Lanka's crisis-hit economy shrank a record 7.8% last year as long blackouts and critical fuel shortages put a chokehold on local commerce, official data showed Thursday (16)
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