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Friday November 13th, 2026
Energy

Sri Lanka’s state-run fuel retailer to digitize tendering from next month: Minister

New e-procurement system expected to automate tender awarding process totally

October 21, 2023 2 min read

Sri Lanka domestic power tariffs up 18-pct, hotels, industry 12-pct

General purpose up about 22-pct

October 20, 2023 2 min read

Sri Lanka's fuel imports unlikely to hit by Middle Eastern conflict amid uncertainty - Minister

The country has already secured tenders for supply until June next year, but there could be uncertainties,

October 19, 2023 3 min read

Sri Lanka not going to re-introduce fuel pass: Minister

Fears that petrol prices could rise to 100 US dollars per barrel or that there will be a shortage of fuel

October 17, 2023 2 min read
Sri Lanka hit by nation-wide cascading power failure

Sri Lanka's power grid lacks stability, due to lack if ability to handle large volumes of rootfop solar

Sri Lanka's CPC to be given back United Petroleum fuel stations: report

United Petroleum, Sinopec and RM Parks were given distribution rights amid a currency crisis

Charges traded, buck passed for scuttling Sri Lanka cheap power plants at COPE probe

Sri Lanka's power ministry, utility officials and politicians blamed each other and the regulator for chaotic procuremen...

October 8, 2019 4 min read

Sri Lanka cuts LP gas price under formula

Sri Lanka has cut the price of a 12.5 kilogram cylinder of liquefied cooking gas by 2511 rupees under a pricing formula....

October 4, 2019 1 min read

Incentives for rubber, sequestration plantations in Sri Lanka energy policy

A new energy policy for Sri Lanka has suggested incentives to expand rubber cultivation which can be used for fuelwood ...

October 3, 2019 1 min read

Honeywell UOP to design upgrades to Sri Lanka refinery

US-based Honeywell UOP has won a deal to design upgrades to crude refinery operated by state-run Ceylon Petroleum Corpo...

October 2, 2019 1 min read

Sri Lanka's CPC asked to study new refinery in 2019 energy policy

Sri Lanka's state-run Ceylon Electricity Board, has been asked to conduct a feasibility study on a new refinery, and exp...

October 1, 2019 1 min read

Sri Lanka in LNG and renewable energy push as mass extinction fears fueled

Sri Lanka wants to expand renewable energy and liquefied natural gas power as a 16 year old child warned that the world ...

September 30, 2019 2 min read

Sri Lanka cabinet clears 300MW coal plant in Norochcholai

Sri Lanka's cabinet of ministers had cleared a proposal to build a fourth 300 MegaWatt coal power plant in the West Coas...

September 25, 2019 1 min read
3

Swiss Singapore Overseas wins Sri Lanka coal deal

Swiss Singapore Overseas (Pte) Ltd, a commodity trader, has won a deal to supply 300,000 metric tonnes of coal to Sri La...

September 22, 2019 1 min read

Bharat Petroleum gains share in Sri Lanka's lubricant market

India's Bharat Petroleum Corporation gained lubricant market share in Sri Lanka in the second quarter of 2019, overtakin...

September 20, 2019 1 min read

Dubai-based Mena Energy wins Sri Lanka, diesel, jet fuel deals

Dubai-based Mena Energy DMCC, has won term contracts to supply diesel and jet fuel to state-run Sri Lanka Petroleum Corp...

September 19, 2019 1 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 332.3603 330.8514
UK Pound 440.9424 438.3450
Euro 368.4879 371.0168
Yen 2.0805 2.0916
Aus Dollar 227.4342 231.1659
Source: Central Bank/Indicative
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Source: Central Bank/Indicative
pts %
S&P SL20 6,365.57 +0.26%
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Turnover Rs 2975.05 million 1193.67 million
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6-m bill 7.91 8.26
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8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
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Source: Central Bank/Indicative

Oil prices rocket on slashed Saudi output

Brent crude surged by 20 percent Monday -- the biggest gain since the 1991 Gulf War -- after weekend drone attacks on tw...

September 16, 2019 3 min read

Sri Lanka cuts petrol to Rs136 a litre, diesel unchanged

Sri Lanka will cut the price of 92 octane petrol by 2 rupees to 136 rupees a litre but keep the cheaper diesel fuel unch...

September 10, 2019 1 min read

German wind power left spinning by angry residents, subsidy cut

Wind power is a key pillar in Germany's ambitious renewables transition plan, but the sector has struck strong resistanc...

September 5, 2019 3 min read
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Sri Lanka gets bids from UK, UAE, South East Asia to develop gas field

Sri Lanka has received bids from a consortium of 'medium sized' oil companies in the UK, United Arab Emirates and South ...

August 27, 2019 2 min read

Sri Lanka to award deal for offshore gas production before end-2019

Sri Lanka's Petroleum Resource Development Secretariat (PRDS) is currently evaluating bids for exploring and production ...

Tania Madies
August 27, 2019 3 min read

Sri Lanka to sign deal for offshore oil joint study with Norway's Equinor

The Sri Lankan government will sign an agreement on August 27 with Norwegian energy firm Equinor to survey the offshore ...

Tania Madies
August 26, 2019 2 min read

China firm wins tender to build Sri Lanka hydropower dam

Chinese firm Gezhouba Group Co. Ltd has won a tender to build the main civil works, which includes a dam, of the Moragol...

August 16, 2019 2 min read

Sri Lanka raises petrol to Rs138 a litre, diesel unchanged

SrI Lanka has raised the price of petrol by 2 rupees to 138 rupees a litre but keeping the more expensive diesel fuel un...

August 13, 2019 1 min read

Sri Lanka's Laugfs Gas pin hopes on new formula to end LPG price controls

Sri Lanka's Laugfs Gas Plc is expecting a new price formula to end price controls that has left the sector is large loss...

August 6, 2019 2 min read

Sri Lanka's LVL Energy Fund hit by soft-peg collapse

Colombo-listed LVL Energy Fund Plc said it had to allocate more money to finance a foreign project after Sri Lanka's sof...

August 4, 2019 1 min read