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Friday November 13th, 2026
Energy

Sri Lanka minister tells CEB to recover Rs12bn loans given to employees

Any services that can be outsourced in the future to be more efficient and reduce cost.

January 20, 2024 1 min read

Sri Lanka IOC unit profits down 63-pct in Dec23

The firm reported earnings of 5.66 rupees per share for the quarter

January 16, 2024 1 min read

Invest in Sri Lanka renewable energy sector: President at Davos forum

"Investors venturing into this sector can anticipate a comprehensive and unwavering policy framework,"

January 16, 2024 7 min read

Sri Lanka opposition leader's petition on power tariffs a media stunt: minister

Wijesekara said that the cabinet of ministers had decided to reduce electricity tariffs weeks before the petition.

January 9, 2024 2 min read
Indian PM to launch Sampur power project 19 years after signed

Originally it was signed as a coal plant, later changed to LNG and now as solar power

Sri Lanka awards Sapugaskanda lubricant deal to IOC, Chevron

IOC to supply 414,000 liters, Chevron to supply 389,000

Sri Lanka central bank calls for fuel pricing formula

To improve transparency and the general public’s acceptance of much needed regular price revisions

November 11, 2021 2 min read

Sri Lanka LPG supplies wait for dollars to unload amid money printing

Gas supplies are stuck in the port

Mahadiya Hamza
November 2, 2021 2 min read

Sri Lanka cabinet nod for electricity policy guidelines; 70pct renewable by 2030

Other proposals include a decision to forego the construction of new coal power plants.

November 2, 2021 1 min read

Sri Lanka trade unions to protest controversial energy deal

“CEB engineers will also join, as well as trade unions from ports and the CPC refinery.”

November 1, 2021 3 min read

Sri Lanka's IOC unit reports Rs281mn in profits in Sept 2021

The firm has a dispute with tax authorities close to 2 billion which is under litigation.

October 31, 2021 2 min read

Sri Lanka awards Petrol, Diesel contracts to Vitol Asia (Singapore) Pte Ltd

From January to August 2022

October 26, 2021 1 min read

Sri Lanka to support 'no new coal' at COP26

China has already pledged to stop financing coal plants abroad

October 26, 2021 2 min read

Sri Lanka's CPC says petrol, diesel losses rise as LIOC hikes prices

The loss after direct taxes from diesel is 38.45 rupees to CPC and from petrol 92 it is a 23.19 rupees

Chanka Jayasinghe
October 25, 2021 4 min read

Sri Lanka CPC seeks fuel price hike amid Powell Bubble, currency fall

We will inform the cabinet that we cannot bear this loss anymore

October 12, 2021 3 min read

Sri Lanka rejects Oman land-for- interest request in US$3.6bn oil supplier's credit: Minister

The 3.6 billion US dollar credit line for one year

October 6, 2021 2 min read
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Sri Lanka's CPC to enter LPG distribution as third player

CPC refinery produces 5-pct of LPG needs

October 6, 2021 1 min read

Sri Lanka cabinet not aware of a US$2.5bn loan to CPC: Minister Pathirana

"We are not aware of such a thing," Co-Cabinet Spokesman Ramesh Pathirana told the weekly cabinet news briefing.

September 28, 2021 2 min read

Sri Lanka could lose billions through unsolicited New Fortress Energy deal: CEBEU

The sale of a power plant comes with complex contracts which could be worth US$6.0bn or more

September 23, 2021 6 min read
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US based New Fortress Energy says strikes LNG supply deal with Sri Lanka

New Fortress will initially provide the equivalent of an estimated 1.2 million gallons of LNG (~35,000 MMBtu) per day

September 22, 2021 2 min read

Sri Lanka Mannar, Cauvery basin oil blocks gravity magnetic survey with Bell Geospace

The data we have acquired so far is of excellent quality

September 20, 2021 3 min read

Sri Lanka splits oil blocks to fire demand, BellGeospace to give data

When the block is large, it is very expensive for a single company to explore

September 19, 2021 1 min read

Sri Lanka minister assures no fuel scarcity as credit lines sought

But I want to clearly say there is no oil scarcity

September 14, 2021 2 min read

Sri Lanka cabinet clears plans to order CEB to make 70-pct renewable energy plan

Guidelines to be given to CEB to make LTGEP

September 14, 2021 2 min read

Sri Lanka's Windforce to take-over Sky Solar for Rs265mn

Installed capacity to 220.2 MW from 218MW

September 13, 2021 1 min read

Sri Lanka ups oil resource claims to US$267bn

Traces of natural gas was reported in an exploratory well by a unit of Cairn India in 2013

September 9, 2021 5 min read