An Echelon Media Company
Monday November 9th, 2026
Petroleum

Sri Lanka cuts fuel prices from near 2022 crisis amid easing global oil prices

Prices have risen around 50% in three months since Middle Eastern crisis started

June 30, 2026 3 min read

Sri Lanka unable to reduce fuel prices due to term tenders: Minister

Global oil prices have fallen to around the pre-conflict level

June 26, 2026 2 min read

Sri Lanka government’s fuel subsidy allocation to end by June: CPC chief

IMF has urged Sri Lanka to reflect cost-recovery pricing in fuel and energy

June 1, 2026 3 min read

Sri Lanka to tighten fuel quotas as CPC May import bill hits $524mn

While the QR code and fuel quota systems managed to reduce consumption, the drop is still not enough to meet targets

June 1, 2026 2 min read
Sri Lanka is trying to keep diesel prices steady at next revision: Energy Minister 

Govt has already provided Rs.57 bn worth fuel subsidy from April-June.

Sri Lanka awards $40.8mn Muthurajawela-BIA jet fuel pipeline to Chinese firm

Project valued at $40.84mn plus Rs8,548.75mn, inclusive of applicable taxes

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 hikes diesel, premium fuel from January 2026

Octane 92 petrol unchanged at 392 rupees

January 6, 2026 1 min read

Sri Lanka will get first Geogas LPG ship on Jan 05 : Minister

Geogas sources gas from the US

December 19, 2025 1 min read

Sri Lanka borrows US$30mn from World Bank for renewable energy

Borrowings for grid strengthening

December 10, 2025 2 min read

Sri Lanka on track to import US LP Gas

Geo Gas will supply LPG for 12 months starting from January 2026

December 3, 2025 1 min read

Sri Lanka expecting joint working team from India on Trinco tanks : Minister

India has also proposed a submarine pipeline to connect Trinco with India

November 22, 2025 1 min read

Sri Lanka gets 20 initial responses for BOT refinery at Sapugaskande

RFPs will be called after EOI responses are evaluated

November 20, 2025 1 min read
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Sri Lanka Cabinet awards 1.4mn barrel diesel deal to Singapore’s Trafigura

CPC will receive five shipments in seven months starting from Nov. 15

October 28, 2025 1 min read

Sri Lanka CEB engineers warn of electric shock over sketchy initial un-bundling plan

Sri Lanka is un-bundling the CEB into 6 companies

October 18, 2025 8 min read

Sinopec VP meets Sri Lanka Foreign Minister to iron out refinery issues

.

October 16, 2025 1 min read

Sri Lanka's Laugfs halts Dubai unit, to appeal Iran sanctions listing by US

Laugfs says US sanctions counsel hired to conduct compliance review

October 13, 2025 1 min read

Sri Lanka's Laugfs Dubai unit named by US Treasury for trading Iran gas

Alleges Iran gas was delivered to Sri Lanka and Bangladesh

October 10, 2025 3 min read

Sri Lanka awards Murban contract to Singapore-based BB Energy Asia

The supplier was chosen among six bidders

October 8, 2025 1 min read

Sri Lanka calls investors to double refinery capacity as BOT project

The investor will be able to use existing facilities at CPC's Sapugaskande refinery complex

September 9, 2025 2 min read

Sri Lanka awards Aditya Birla bid to supply Octane 92 for six months

Aditya Birla was chosen out of eight bids

August 27, 2025 1 min read

Sri Lanka to market Mannar oil exploration blocks after appointing consultant

After a consultant or consultancy company is appointed we will being marketing the blocks

July 27, 2025 1 min read

Sri Lanka lacks capacity to store two-month fuel stocks – CPC chief

Sri Lanka's upward fuel price revision from July 1 has led to public criticism

July 2, 2025 3 min read