Petroleum

Debt Games

June 11, 2012 (LBO) – Sri Lanka’s state-run Ceylon Petroleum Corporation (CPC) has run debts of 65 billion rupees with other state entities by May …

Gas Trend

May 30, 2012 (LBO) – Sri Lanka’s Laugfs Gas Plc, which has interests in cooking gas distribution, emissions testing and leisure posted profits of …

Break Even

May 16, 2012 (LBO) – Lanka IOC, a unit of Indian Oil Corporation made profits of 41 million rupees in the March 2012 quarter, recovering from a 111 …

Oil Agenda

Mar 15, 2012 (LBO) – Sri Lanka will auction shallow water blocks in the Mannar Basin to oil exploration companies soon following the discovery of gas by …

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