Guessing Game
The head of government's Strategic Enterprises Management Authority (SEMA) says proposals to build two coal power plants would be accepted to overcome energy …
Raining Rights
A new draft water policy, to manage Sri Lanka’s surface and ground water, including rainwater, is waiting Mahaweli Ministry approval. buy albenza online …
Powers that Be
Sri Lanka’s electricity sector trade unions to present new reforms model to government on Monday. online pharmacy buy abilify with best prices today in the …
High Pressure Oil
Indian government is putting high-level pressure on Sri Lanka to pay over US$ 50 million owed to a subsidiary of the Indian Oil Corporation. online pharmacy …
Deal Maker
State owned Ceypetco is looking at rolling out its own lubricant brand, even as Caltex tries to clinch another exclusive distribution deal for its fuel sheds …
Slippery Deals
The government is in the final stages of negotiation with a US based company interested in building a new oil refinery adjoining the one it operates on the …
Giving Up
Bowing down to trade unions, the government has said it will not ratify a Cabinet paper to restructure the loss making Ceylon Electricity Board, and will …
Partial Blackouts
Engineers of the striking state monopoly power supplier the Ceylon Electricity Board are threatening to pull out base load thermal plants including AES …
Backdoor Move
Ceylon Electricity Board unions staged a walkout on Friday protesting against a Cabinet paper passed two days ago, they say was shoved through the backdoor. …
Plugging Leaks
Ceypetco is pinning hopes on extended supplier credit from Malaysia and formula adjusted prices to plug a Rs. online pharmacy buy abilify with best prices …
Backfired
Largely JVP led unions refuse to consider an alternate reform model for the loss making Electricity Board, rejecting the new Cabinet paper that was passed on …
Ball Game
Laugfs Gas is seeking legal advice to raise prices on a cylinder of LPG, despite the consumer watchdog shooting down its request for a Rs. online pharmacy …
Oil Pains
COLOMBO (Dow Jones)--As Sri Lanka's energy companies wilt under the weight of high oil prices, pressure is building on the government to remove gasoline …
About to Blow
Ceylon Electricity Board unions (CEB) will go on a half day token strike tomorrow, protesting against a Cabinet paper to restructure the loss making utility. …
Petropolitics
Government subsidized petroleum based products by up to Rs. 16 billion last year and face a similar subsidy this year if fuel prices continue at current levels …
Tweaking Terms
Sri Lanka plans to change the terms of controversial petroleum asset sale deal, mandating a third player to secure fuel supplies from state-run Ceypetco's …
May Day Resolutions
Sri Lanka's government has promised lending agencies to turn a new leaf after May Day, kicking off the process with a hike in fuel prices, LBO learns. online …
Deaf Ears
Sri Lanka's Central Bank is banging its head against the wall trying to convince a deaf government to raise fuel prices, as the exchequer groans under …
Slippery Grounds
Ceylon Petroleum Corporation says its operations are not viable unless the government sticks to the pricing formula agreed to as part of the sector …
Watchout
The IMF said Thursday that rising living standards in China and the rest of the developing world will keep oil prices sky-high for decades to come, with even …