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Tuesday June 25th, 2024

Sri Lanka to study moving CPC oil refinery to Trinco

The move is considered in the light of the development of a tank farm in Trincomalee

March 19, 2024 1 min read

Sri Lanka to spin off CPC refinery to attract capital

Plans to modernize refinery and extend its life

March 19, 2024 1 min read

United Petroleum of Australia to start Sri Lanka operations by mid this year

They plan to sign the agreement with the BOI and obtain the license to operate by mid this year

March 14, 2024 2 min read

IMF review team discuss Sri Lanka energy pricing, utility finances

Energy utilities are among the worst hit by discretionary monetary policy

March 13, 2024 1 min read
Sri Lanka panel to draw up petroleum regulator law

Committee to study introduction of a new regulatory body for the power sector

Sri Lanka Diesel sales at 7-month high in March, Petrol at 3-month high

Data show sales are on rise after economic crisis

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

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'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,

Shihar Aneez
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

Saliya Wickramasuriya to head Sri Lanka's Petroleum Corp

Saliya Wickramasuriya appointed as chairman of Ceylon Petroleum Corporation and Ceylon Petroleum Storage Terminals Ltd

October 6, 2023 1 min read
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Sri Lanka hikes petrol to Rs365, diesel Rs351

Super diesel up by Rs62

October 1, 2023 1 min read

Sri Lanka's CEB seeks interim power tariff hike amid IMF review

CEB wants at least 30 billion rupees in additional revenues

September 29, 2023 3 min read

Sinopec to go up to 200 Sri Lanka pumping stations, more possible: Minister

Sinopec was supposed to enter Sri Lanka in 2003 under

Nethmi Rajawasam
September 27, 2023 1 min read

Sri Lanka to buy diesel from Petrochina International

The purchase is made on long term contract basis.

September 26, 2023 1 min read

Sri Lanka's CPC to implement daily automated price revising system from next year

CPC dealers were briefed on the implementation of a daily automated price revising system from 2024

Neshella Perera
September 13, 2023 2 min read

Sri Lanka’s CPC to purchase four shipments of 92 octane petrol from Vitol Asia

CPC to purchase 92 octane unleaded petrol from Vitol for four months

Nethmi Rajawasam
September 13, 2023 1 min read

Sri Lanka's Laugfs hikes 12.5kg cylinder price by Rs145

Amid rise in gas prices

September 4, 2023 1 min read

Sri Lanka’s Litro hikes LP Gas 12.5kg cylinder by Rs145

Litro says price rise was moderated by extra stocks ordered last month at a lower price

September 4, 2023 1 min read

Sri Lanka's Litro to buy LP Gas from current supplier until privatization

To buy 50-pct of the exiting contract after December

September 2, 2023 1 min read

Sri Lanka ends QR code-enabled fuel rationing system

The minister told reporters on Friday that consumers can purchase fuel without scanning their QR code from now on.

September 1, 2023 1 min read