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Friday November 13th, 2026
Energy

World Bank discusses Sri Lanka power interconnectivity with India

The World Bank made a presentation on the current structure of the regional electricity markets and interconnectivity

November 18, 2023 2 min read

Sri Lanka revised electricity reform law to cabinet next week: Minister

The proposed new electricity bill is listed on the agenda for the approval of the cabinet ministers for next Monday.

November 17, 2023 1 min read

Sri Lanka charges US$2mn annual fee from Sinopec, R M Parks, LIOC

Lanka IOC was previously not charged a fee.

November 12, 2023 1 min read

Sri Lanka to regulate solar panel importers, acquire 1,100 mw of renewable energy

Sustainable Energy Authority would be given power to regulate solar panel importers and prices

November 8, 2023 2 min read
Sri Lanka seeks multilateral funds for 600MW pumped storage plant to integrate renewables

CEB aims to secure long-term funding from international agencies to minimize impacts on electricity tariffs

Sri Lanka Cabinet nod for long dragged India power plant in Trincomalee

MOU for coal power plant was signed in 2006.

Sri Lanka fuel stabilization fund has not grown as expected: Minister

A fuel price stabilization fund which was to collect 200 billion rupees in 2020 as global prices fell has not grows as e...

Imesh Ranasinghe
May 28, 2020 2 min read

Sri Lanka's Laugfs Holdings appoints Piyadasa Kudabalage as chief executive

Sri Lanka's LAUGFS Holdings, which has interests in liquefied petroleum gas, lubricants, renewable energy, retailing, ex...

May 27, 2020 1 min read

US oil prices jumps to $13 a from minus $40 as storage ran out

US oil prices surged Wednesday after a turbulent start to the week that saw them fall below zero for the first time due ...

April 22, 2020 1 min read

Crude oil rebounds back to 25 dollars a barrel

Oil prices rebounded above zero Tuesday, a day after futures ended in negative territory for the first time as a coronav...

April 21, 2020 2 min read

Oil collapses to $12 as world awash with crude

US oil prices dived to 21-year lows Monday, giving up more than 30 percent in a market flooded with crude and hit by eva...

April 20, 2020 3 min read

How to contact an electrician or plumber during Sri Lanka's Coronavirus curfew

The Public Utilities Commission of Sri Lanka said it had teamed with the island's electricity and water utilities to hel...

April 12, 2020 2 min read

Laugfs Sri Lanka LPG tanker docks at China-run port in Hambantota

Gas Courage, a Sri Lanka registered liquefied petroleum gas tanker owned by Colombo-based by LAUGFS Maritime Services (P...

April 11, 2020 1 min read

Sri Lanka to fix fuel prices, build energy stability fund amid COVID-19 crude collapse

Sri Lanka to build a 200 billion rupee fuel price stability fund, by keeping oil prices fixed Minister Bandula Gunewarde...

March 19, 2020 2 min read

Sri Lanka has stocks of fuel, no need to panic: energy ministry

Sri Lanka's energy ministry said there was no fuel shortage in the country as motorists filled up tanks with extra fuel ...

March 13, 2020 1 min read

Sri Lanka looking for ways to stock up on cheap oil, use derivatives: Minister

Sri Lanka is looking for ways to buy extra oil at low prices using derivatives or government -to-government deals, Energ...

Tania Madies
March 12, 2020 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
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US Dollar 332.5018 332.3603
UK Pound 440.0661 440.9424
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Sri Lanka delays fuel price cut, may isolate profit for other benefits: Minister

Sri Lanka is still discussing how to cut fuel prices and pass to ensure that bus and taxi fares go down in line, Energy ...

March 12, 2020 2 min read

Petrol in Sri Lanka would be Rs117 a litre if price formula was on: ex-Finance Minister

Retail fuel prices in in Sri Lanka would be about 20 rupees down with 92-Octane petrol at 117 rupees a litre from the ...

March 10, 2020 1 min read

Sri Lanka mulls cutting controlled petrol, diesel prices after oil crash

Sri Lanka is considering a cut in retail fuel tariffs after global oil prices crashed, Minister of Power and Energy Mahi...

March 10, 2020 3 min read

Coronavirus to cause first annual decline in oil use in decade: IEA

The world is set for its first annual decline in oil consumption in more than a decade due to the impact of the coronavi...

March 9, 2020 3 min read

Brent crashes to US$36, after Saudi Arabian light price slashed

Oil plunged over 20 percent Monday after top exporter Saudi Arabia launched a price war in response to a failure by lead...

March 9, 2020 2 min read

Sri Lanka's CEB faulted for cutting power on Feb 03

A probe committee appointed by Sri Lanka's energy ministry has faulted the state power utility, Ceylon Electricity Board...

February 27, 2020 3 min read

Sri Lanka's petrol, diesel prices lower if price formula was in place: Sajith

Sri Lanka's fuel prices would have fallen in February if a monthly fuel price formula was not abolished by the new admin...

Chanka Jayasinghe
February 21, 2020 2 min read
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Wind power can help SL reach renewable energy target - Narayana

Sri Lanka can achieve more than half of the renewable energy target for 2030 by using windmills to generate electricity,...

February 12, 2020 2 min read

Mini-hydro to gain from new fixed tariff: ICRA

Profitability of mini-hydro developers in Sri Lanka will rise despite environmental risks, due to a new tariff structure...

February 10, 2020 3 min read

Petrochina, Swiss Singapore win Sri Lanka petrol, diesel contracts

Petrochina International (Singapore) Pte Ltd, and Swiss Singapore International have won contracts to supply petrol and ...

February 6, 2020 1 min read