Last Laugh
May 07, 2010 (LBO) - Laugfs Group, the sole rival of the Sri Lankan unit of Royal Dutch Shell, is keen to buy the multinational's operations in the island, …
Petroleum
Re Poll
April 11, 2010 (AFP) - Sri Lanka will rerun voting at 18 polling booths where last week's parliamentary election was affected by violence, officials said …
Oil Move
Apr 06, 2010 (LBO) - Sri Lanka is to broaden its search for offshore oil and offer more exploration blocks in the Cauvery Basin in the island's north as well …
Slick Market
Mar 14, 2010 (LBO) - Sri Lanka's Chevron lubricants unit said sales fell in 2009 with a downturn in local and export demand, but is expecting a recovery this …
Oil Slick
Feb 18, 2010 (LBO) - Lanka IOC, a unit of the Indian Oil Corporation, said it was making ship oil or bunker deliveries from Colombo port through locally …
Fuel Fortunes
Feb 17, 2010 (LBO) – The Sri Lanka unit of Indian Oil Corporation said it made a ˜nominal’ profit in the December quarter compared with a loss a …
Oil Target
Feb 09, 2010 (LBO) - Gazprom, a Russian oil firm, has held discussions with visiting Sri Lanka president Mahinda Rajapaksa on exploring for oil off the coast …
Coup Claim
January 21, 2010 (AFP) - Sri Lanka's main opposition said Thursday it feared President Mahinda Rajapakse would use the military to remain in power if he was …
Fickle Pricing
Dec 30, 2009 (LBO) – The Sri Lanka unit of Indian Oil Corporation said it is likely to make losses on petrol sales after the dominant state-owned oil …
Gas Call
Dec 30, 2009 (LBO) – The Sri Lankan unit of the Shell gas multinational said it was holding domestic prices of liquid petroleum gas cylinders despite …
Fuel Cost
Dec 29, 2009 (LBO) – Sri Lanka’s state-owned refiner, the Ceylon Petroleum Corporation, said it will cut fuel prices from midnight Tuesday. It said …
Fuel Market
Dec 15, 2009 (LBO) - A planned ship fuel business off a new port being built in southern Sri Lanka, will target small vessels sailing past the island and lure …
Oil Bids
Dec 11, 2009 (LBO) - Sri Lanka is ready to calls for bids for oil exploration in more blocks in the island's north-west as well as the south, Petroleum …
UN View
GENEVA, December 4, 2009 (AFP) - The UN refugee agency said on Friday that it was encouraged by "increased freedom of movement" for war-displaced civilians in …
Counter Action
Nov 16, 2009 (LBO) - Sri Lanka has declared several state utilities 'essential services' the government said, as industrial unrest threatened to increase …
Slippery Oil
Nov 13, 2009 (LBO) - Lanka IOC, the Sri Lankan unit of Indian Oil Corp. buy ivermectin online …
Fed Printing
NEW YORK, November 3, 2009 (AFP) - Oil prices leapt Tuesday as commodities gained a boost from gold, which struck an all-time high above 1,000 dollars an ounce …
Volatile Labour
Oct 25, 2009 (LBO) - Workers at Sri Lanka's state-owned oil refiner said they plan to resume normal work Monday, ending a four-day work-to-rule action that …
Oil Support
Oct 07, 2009 (LBO) - A call for offshore oil field support services by a company exploring for oil in Sri Lanka provides domestic firms the opportunity they …
Circular Debt
Oct 05, 2009 (LBO) - Sri Lankan government organisations owed the state-owned refiner, Ceylon Petroleum Corporation (CPC), 61 billion rupees in unpaid bills …