Credit Shuffle
Sept 15, 2008 (LBO) - Sri Lanka's state-run petroleum utility Ceylon Petroleum Corporation (CPC) is covering overdue government accounts with an Iranian …
Petroleum
Pricing Politics
Sept 14, 2008 (LBO) - Sri Lankan fuel users are suffering from the lack of a transparent price formula and severe politicization of pricing that had sometimes …
Exploration Spend
Sep 11, 2008 (LBO) - Cairn India said its Sri Lanka unit had signed a deal with Sri Lanka's investment promotion office to cover a 110 million US dollar oil …
Bunker Deadline
Sept 08, 2008 (LBO) - Sri Lanka's Supreme Court has given the bunkering unit of John Keells Holdings (JKH) till September 12 to vacate a tank farm, and the …
Tactical Release
SINGAPORE, September 3, 2008 (AFP) - Oil prices fell in Asian trade Wednesday as the US government announced the release of oil from its strategic reserve to …
Loss Assessment
Aug 22, 2008 (LBO) - Sri Lanka's John Keells Holdings (JKH) said a write-down at its bunkering unit could amount to 1. online pharmacy buy diflucan with best …
No Crisis?
PARIS, August 12, 2008 (AFP) - Oil demand is slowing sharply in advanced economies as people ease up on driving, supplies are rising and the market is set to …
Gas Dates
Aug 12, 2008 (LBO) - Sri Lanka's state-run Ceylon Petroleum Corporation's (CPC) entry into liquid petroleum gas (LPG) retailing has been pushed to December due …
Bubble Deflating?
SINGAPORE, August 5, 2008 (AFP) - World oil prices fell in Asian trade Tuesday as fears about slowing US demand outweighed the increasing likelihood of …
Local Lube
July 18, 2008 (LBO) – Sri Lanka's diversified Laugfs Holdings has introduced lubricants to the local market, working capture 30 percent share in two …
Fuel Row
June 26, 2008 (LBO) – Indian Oil Corporation's Sri Lanka unit has decided to drop its diesel retail price to match that of the dominant state-owned …
Oil Row
June 19, 2008 (LBO) – Sri Lanka has ordered a local unit of Indian Oil Corporation to sell diesel on par with state-run Ceylon Petroleum Corporation or …
Arbitrage
June 10, 2008 (LBO) - Laugfs Auto Gas, a Sri Lankan gas distributor that started conversion of vehicles to run on auto gas, said that it was timely for owners …
Sliding Up
June 06, 2008 (LBO) – Chevron Lubricants Lanka has raised prices of its products following sharp increases in the prices of crude and base oil, a senior …
Oil Block
June 5, 2008 (LBO) – Cairn India Limited, a unit of Cairn Energy plc of the UK, has won an offshore exploration block in Sri Lanka's Mannar basin beating …
Well Well
SINGAPORE, June 3, 2008 (AFP) - Oil prices eased in Asian trade Tuesday on continuing concerns over global energy demand, dealers said. buy fluoxetine online …
State Fat
June 01, 2008 (LBO) – Sri Lanka needs to market price energy and consumers are now not only paying for the rise in international prices, but also for the …
Burst Bubble?
May 30, 2008 (LBO) - World oil prices held steady in Asian trade on Friday after sharp falls on concerns over falling demand in the United States and other …
Wobbly Bubble
May 28, 2008 (AFP) - Oil prices slipped back under 127 dollars on Wednesday, falling further from record highs amid concern about the strength of US energy …
Unilateral
May 27, 2008 (LBO) – Lanka IOC, the Sri Lanka unit of the Indian Oil Corporation is raising diesel prices by 20 rupees a litre from midnight Tuesday, the …