American Indulgence
Mar 25, 2012 (LBO) - A concession granted by the United States to Sri Lanka on its sanctions on Iran means the island would not face an immediate total ban on …
Petroleum
Oil Opportunity
Mar 20, 2012 (LBO) - A wide range of business opportunities is opening up for Sri Lankan companies in the emerging hydrocarbon exploration and production …
Lube Location
Mar 19, 2012 (LBO) - Chevron Lubricants Lanka, a unit of the US based group said it will re-locate its blending and packing plant with the end of a land lease …
Safe Search
Mar 15, 2012 (LBO) - Sri Lanka is considering setting up a regional safety training for the oil and gas industry following the discovery of gas in its offshore …
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 Cairn …
Price Signals
Mar 05, 2012 (LBO) - Sri Lanka's Gampaha district in the Western province bordering the capital Colombo was the area with the highest kerosene consumption with …
Burning Loss
Mar 03, 2012 (LBO) - Giving subsidized furnace oil to a state-run power utility was the main main source of losses at a petroleum utility, while the private …
Sri Lanka’s central bank says S&P downgrade unwarranted
Feb 29, 2012 (LBO) - Sri Lanka's Central Bank says an outlook and rating by Standard & Poor's in the wake of balance of payments pressure is unwarranted …
Fuel Protests
Feb 13, 2012 (LBO) - A steep fuel price increase in Sri Lanka to correct mounting economic imbalance and pressure on a currency peg has seen protests by bus …
Price Hike
Feb 11, 2012 (LBO) - Sri Lanka has steeply raised the price of diesel partially correcting chronic mis-pricing between refined fuels in a move that could also …
Oil Outline
Feb 10, 2012 (LBO) - Net profit for the December 2011 quarter of the Sri Lanka unit of Indian Oil Corporation rose 3. buy vibramycin online …
Fuel Poser
Feb 10, 2012 (LBO) - Sri Lanka is considering raising retail prices of fuel because of rising world oil prices, petroleum industries minister Susil …
Crude Options
Jan 23, 2012 (LBO) - Sri Lanka will be able to import crude from Iran for at least six months before US sanctions make it impossible for payments to be made to …
Petro Facility
Jan 03, 2012 (LBO) - Sri Lanka is negotiating a billion dollar facility from an international bank to defray payments for petroleum imports by made state-run …
Aviation Fuel
Dec 26, 2011 (LBO) - Sri Lanka's state-run Ceylon Petroleum Corporation has called bids to build an aviation fuel terminal at a second international airport …
Gas Potential
Dec 06, 2011 (LBO) - A top Indian scientist has said he believes Sri Lanka has huge gas hydrate resources in the ocean around the island as in India. online …
Petroleum Prospects
Nov 15, 2011 (LBO) - The Sri Lanka unit of Indian Oil Corporation's profit for the September 2011 quarter fell sharply from a year ago with sales staying …
Gas Strike
Nov 14, 2011 (LBO) - Cairn Lanka, a unit of India's Cairn Energy, has made a second gas strike off the northwestern coast of Sri Lanka. online pharmacy buy …
Price Balance
Oct 30, 2011 (LBO) - Sri Lanka has raised pump prices by around 10 percent with petrol prices going up by 12.00 rupees a litre and diesel by only 8. online …
Gas Find
Oct 02, 2011 (LBO) - Sri Lankan president Mahinda Rajapaksa has announced that a large natural gas deposit has been found in offshore waters, a presidential …