An Echelon Media Company
Monday November 9th, 2026
Petroleum

Sri Lanka to buy 5 shipments of 92-octane petrol from Singapore's Epdesa

contract for the procurement of 05 ships of Petrol 92 Unl during the period from 2026-03-15 to 2026-09-14

February 3, 2026 1 min read

Sri Lanka's CPC cuts diesel, petrol price by Rs.2 amid falling global prices

Keeps the prices of other fuels including kerosine steady

February 1, 2026 1 min read

Sri Lanka solar firms say expanding 'Sunny Sunday' curtailment has hit debt service

Firms on competitive bidding sells unit around Rs15 to Rs18 and FIT around Rs25

January 22, 2026 4 min read

Sri Lanka awards Murban crude deal to Singapore-based Vitol Asia

Vitol will supply for four months from April 15, 2025

January 6, 2026 1 min read
Sri Lanka’s CPC paid two-third of 2025 oil bill in first 4 months: CB chief

oil import bill has jumped due to higher oil prices after escalation in the Middle East

Sri Lanka receives first crude shipment after Middle East escalation

Sri Lanka’s Sapugaskanda oil refinery has been modified to refine Murban since 2012

Sri Lanka minister hopes to reduce fuel prices after March with boosted energy security

The CPC has been planning to implement a daily automated price revising system from this year

February 8, 2024 2 min read

Sri Lanka resumes talks with India's Petronet LNG to supply fuel

To expedite the process to generate power from LNG India has proposed an interim solution from PetroNet LNG,

February 1, 2024 2 min read

Sri Lanka's CPC hikes standard petrol, diesel, Sinopec Rs3 lower

Petrol and diesel up Rs5, Octane 95 down 08 and super diesel down 7, kerosene up Rs26

February 1, 2024 1 min read

Sri Lanka's China-run Hambantota Port sees higher oil and gas ship calls

Hambantota Port has seen steep increase in oil and gas vessels in 2023 helped by Sinopec's bunker operations,

January 31, 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

Sri Lanka to seek investors for BOT project in Trinco tank farm

Seeking investors on build-operate-transfer project to rehabilitate nine tanks in upper tank farm in Trinco

January 2, 2024 1 min read

Sri Lanka hikes fuel prices after VAT

Kerosene was cut 11 rupees to 236 rupees a litre

January 1, 2024 1 min read

Sri Lanka BESS solar plant with Australia backing may cost Rs48-49 a unit

Batteries from Sungrow

December 20, 2023 1 min read

Sri Lanka plans to export furnace oil after heavy rains

Ceylon Petroleum Corporation will call tenders to sell furnace oil and naptha produced at its refinery

December 19, 2023 1 min read

Sri Lanka revises down price of widely used petrol, diesel

Government to impose 18 percent tax on fuel from January

December 1, 2023 1 min read
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Sri Lanka awards $4.5 bln oil refinery to China's Sinopec in Hambantota

Sri Lanka received 7 bids for the project

November 27, 2023 2 min read

US$5bn China oil refinery project to Sri Lanka cabinet next week: Minister

It will be the single largest investment project ever

November 22, 2023 1 min read

R M Parks to invest US$110mn in Sri Lanka fuel distribution

Will expand into EV charging and retail services

November 21, 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 raises prices of most fuel products; reduces Octane 92

Sri Lanka revises prices in line with a formula

October 31, 2023 1 min read

China's Sinopec wins Sri Lanka refinery deal

Sri Lanka to sign agreement with Sinopec to build refinery in Hambantota

October 31, 2023 1 min read

Sri Lanka renews Indian Oil Corp petroleum license for 20-years

The 20 years will start from January 2024

October 26, 2023 1 min read

Sri Lanka's CPC may sell fuel competing with Sinopec after talks with IMF: Minister

CPC is going ahead with the IMF on the price formula: Minister

October 22, 2023 2 min read

Sri Lanka’s Sinopec-shortlisted refinery tender to be awarded in “three weeks”

Government is now in the process of reviewing the RFPs - D V Chanaka

October 21, 2023 2 min read

US-based RM Parks to start fuel supply in Sri Lanka soon; United faces delay

United Petroleum Australia requested permission to remit dollars outside Sri Lanka

October 21, 2023 2 min read