Gas Formula
August 31, 2007 (LBO) – Sri Lanka's liquid petroleum gas (LPG) prices are to be adjusted every two months on a price formula agreed with the island's …
Petroleum
No Rules
August 30, 2007 (LBO) – Sri Lanka power engineers have called off all industrial action including a non co-operation campaign following a second meeting …
Refining Plan
August 29, 2007 (LBO) – The Ceylon Petroleum Corporation (CPC), Sri Lanka's state-owned oil refiner and distributor, is evaluating bids from two parties …
Normal Light
August 27, 2007 (LBO) – The powerful engineers union of Sri Lanka's state-owned electricity utility has temporarily suspended industrial action started …
Black Line
August 23, 2007 (LBO) – Lanka IOC, a unit of the Indian Oil Corporation, has returned to profitability in the June quarter, posting 490 million rupees in …
Crack Spread
August 16, 2007 (LBO) – The Ceylon Petroleum Corporation which runs Sri Lanka's only refinery has hedged the crack margin of a portion of its diesel and …
Swapping Risk
August 14, 2007 (LBO) – The Ceylon Petroleum Corporation (CPC), Sri Lanka's state-owned petroleum firm has used a leveraged swap to hedge a small part of …
Once Bitten¦
August 07, 2007 (LBO) – Indian Oil Corporation (IOC) may put off overseas expansion following its experience in Sri Lanka where it lost money after being …
Flood Havoc
NEW DELHI, Aug 5, 2007 (AFP) - The death toll from raging floods in India neared 1,100 Sunday as more people drowned in swollen rivers that have stranded …
Renaissance
MCCLEAN LAKE, Canada, July 24, 2007 (AFP) - Twenty years after the Chernobyl disaster poisoned the world's taste for reactors, a French firm is sniffing out …
Monthlies
July 16, 2007 (LBO) – Sri Lanka will adjust fuel prices monthly on a transparent formula to cut losses in petroleum utilities, an official said, which is …
Need Based
July 16, 2007 (LBO) – Sri Lanka has announced fuel subsidies to the poor on state welfare and warned of more price hikes with the onset of a hurricane …
Power Seed
July 11, 2007 (LBO) – Sri Lanka is seeking Indian support to develop bio-diesel plants in the island's Puttalam region, north of the capital Colombo, a …
Don’t Open
July 06, 2007 (LBO) – Opening up Sri Lanka's electricity sector to foreign competition under international free trade rules that are being negotiated …
Passing Bucks
July 04, 2007 (LBO) -- Sri Lanka's state-run oil firm Ceylon Petroleum Corporation has asked the treasury to pick up a six billion rupee subsidy tab for …
Power Profits
July 2, 2007 (LBO) – Problems at Sri Lanka's Kelanitissa thermal power station partly offset strong first quarter 2007 profit growth of AES Corporation …
Upward Revision
June 29, 2007 (LBO) – Sri Lanka has raised fuel prices by around 5 percent almost two months after the last price increase, after allowing petroleum …
Ruling Roost
LONDON, June 28, 2007 (AFP) - Ten years after British energy markets were liberalised the customer is king and can put pressure on prices with a click of a …
Structural Attempt
June 26, 2007 (AFP) - Sri Lankan security forces found a powerful Claymore mine near an oil storage depot in the capital Tuesday, the defence ministry said. …
Water Water
June 22, 2007 (LBO) – Sri Lanka is boosting pipe-borne water supply to the capital Colombo by expanding two water treatment plants, a senior government …