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Nov 28, 2008 (LBO) - Sri Lanka's supreme court has ordered the state-owned oil refiner, Ceylon Petroleum Corporation (CPC), to suspend controversial hedge …
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Empower your business in Sri Lanka and internationally with Prifinance expert corporate and financial services. Streamline company formation and investment opportunities with our tailored advice and solutions.Nov 28, 2008 (LBO) - Sri Lanka's supreme court has ordered the state-owned oil refiner, Ceylon Petroleum Corporation (CPC), to suspend controversial hedge …
Nov 27, 2008 (LBO) – A team of Sri Lankan ministers is probing an oil hedge that could lose hundreds of millions of dollars to a state-run oil retailer …
Nov 21, 2008 (LBO) – The Sri Lankan government has increased the customs duty on imported petrol by 10 rupees per litre to 35 rupees from yesterday, a …
LONDON, November 12, 2008 (AFP) - Oil prices sank under 53 dollars a barrel here on Wednesday, hitting the lowest level since January 2007, as traders worried …
Nov 11, 2008 (LBO) – Sri Lanka's state-run Ceylon Petroleum Corporation is looking at ways to cap losses from hedges that went against it by entering …
Nov 10, 2008 (LBO) – Sri Lanka's state-run Ceylon Petroleum Corporation (CPC) has already settled a part of its dues on hedging oil contracts and …
Nov 10, 2008 (LBO) – Sri Lanka's state-run Ceylon Petroleum Corporation owes 1.1 billion dollars in supplier's credit to Iran on crude bought in 2008, …
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Nov 08, 2008 (LBO) – Sri Lanka has defended state manipulation of fuel prices which has de-stabilized the economy, brought high inflation and endangered …
Nov 06, 2008 (LBO) - Sri Lankan president Mahinda Rajapaksa said Wednesday the government had slashed retail fuel prices with immediate effect in an effort to …
Oct 31, 2008 (LBO) – Profits of Lanka IOC, a unit of India's IOC fell 83 percent in the September quarter to 109 million rupees amidst high taxes and …
Oct 28, 2008 (LBO) – A fire broke out in a key power station in Sri Lanka's capital Colombo soon after lights were doused on warnings of a Tamil Tiger …
EW YORK, October 22, 2008 (AFP) - Crude oil prices careened lower Wednesday after surging US energy reserves highlighted falling demand in a cooling global …
Oct 23, 2008 (LBO) - Chevron Lubricants Lanka said Thursday it was seeking to extend the lease on the land on which it has its lubricant plant which runs out …
LONDON, October 16, 2008 (AFP) - Oil prices slumped further on Thursday, with Brent crude sliding below 68 dollars a barrel to the lowest level for more than …
LONDON, October 15, 2008 (AFP) - The price of oil slumped below 72 dollars on Wednesday, its lowest level for more than 13 months, as recession fears raised …
Sept 28, 2008 (LBO) – The Sri Lanka unit of Indian Oil Corporation has temporarily cut prices on its lubricants, aiming to capture a bigger share of the …
Sept 24, 2008 (LBO) - Ceylon Shipping Corporation (CSC) is considering acquiring its own ship fuel supply vessel to sell bunkers in Colombo port through its …
Sept 24, 2008 (LBO) - Sri Lanka's cooking gas retailers will have to weigh gas cylinders on a certified on-site weighing machine in the presence of customers …
SINGAPORE, September 23, 2008 (AFP) - Crude oil traded mixed in Asia on Tuesday after the benchmark New York futures contract soared more than 16 dollars for …