Rising Oil
June 18, 2009 (LBO) – Lanka IOC, a unit of the Indian Oil Corporation had asked Sri Lanka's petroleum ministry permission to raise petrol and diesel pump …
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South Bunker
June 18, (LBO) – Sri Lanka is getting a 65 million US dollars loan from China's Exim Bank to build an oil storage facility in the Southern coastal town …
Gas Diplomacy
June 16, 2009 (LBO) – The Netherland's envoy to Sri Lanka has raised concerns about the government pricing of liquefied petroleum gas of top Dutch firm …
Fuel Reach
June 12, 2009 (LBO) - Lanka IOC, the Sri Lankan unit of Indian Oil Corp, wants to seek clarification on reports the island's government is to amend its …
Hedge Loss
May 29, 2009 (LBO) – Lanka IOC, a unit of Indian Oil Corporation said it lost 1.6 billion rupees in the March 2009 quarter against a profit of 890.7 …
Lube Luck
May 25, 2009 (LBO) - Sri Lanka's Chevron unit said net profit for the March 2009 quarter fell 33 percent to 233 million rupees from a year ago with sales …
Derivative Probe
May 3, 2009 (LBO) – Sri Lanka's anti-bribery office is probing allegations that foreign trips were given to key officials to sweeten the sale of oil …
Volatile Prices
April 30, 2009 (LBO) - Sri Lanka's two liquid petroleum gas suppliers, a unit of multinational Shell Gas, and the locally owned Laugfs Gas, said they will …
Hedging Claim
April 04, 2009 (LBO) - Deutsche Bank has filed arbitration proceedings against the government of Sri Lanka over non-payment in oil derivatives deals with state …
Lubricant Trends
April 01, 2009 (LBO) - Sri Lanka's Chevron unit said net profit for the 2008 financial year fell 12 percent to 948 million rupees from a year ago with high …
Extended
Mar 25, 2009 (LBO) – Sri Lanka's Chevron unit said the island's government has extended the lease on a land where its blending plant was located for a …
Oil Money
Feb 02, 2009 (LBO) - Cairn India, which is exploring for oil in Sri Lankan waters, said group after-tax profit for the December quarter was 48. online pharmacy …
Hedge Deal
Jan 27, 2009 (LBO) - Sri Lanka's Supreme Court Tuesday terminated proceedings in a case against oil hedges by the state-owned refiner, Ceylon Petroleum …
Hedge Exposure
Jan 19, 2008 (LBO) - Sri Lanka's Commercial Bank said its exposure to an oil derivative sold through People's Bank would be 21.buy singulair online buy …
Indian Signal
Jan 15, 2009 (LBO) - India's state-run Oil and Natural Gas Corporation (ONGC) which has been given an off-shore oil block in Sri Lanka, will inform the island …
Volatile Pricing
Jan 01, 2009 (LBO) - Shell Gas Lanka, the Sri Lankan unit of the Shell multinational, said a new government tax and its inability to buy locally made liquid …
Barrelling Down
LONDON, December 28, 2008 (AFP) - Oil prices, which hit record highs above 147 dollars a barrel this year before plunging under 33 dollars, risk slumping more …
Petrol Saga
Dec 27, 2008 (LBO) – Sri Lanka's main opposition United National Party (UNP) plans to file a contempt-of-court case against the government for its …
China Plan
BEIJING, December 25, 2008 (AFP) - China has started filling tanks at its largest oil reserve, taking advantage of tumbling world crude prices, state media …
Volatile Price
Dec 24, 2008 (LBO) - The Sri Lanka unit of the Indian Oil Corporation, which slashed petrol prices in response to a Supreme Court order, raised the retail …