Port Closed

WELLINGTON, July 11, 2011 (AFP) - New Zealand has refused entry to a boat load of Sri Lankan asylum seekers, saying it would only open the door to "millions of …

Oil Transfer

LONDON, July 12, 2011 (AFP) - British oil explorer Cairn Energy on Tuesday announced that it had sold 10 percent of its Indian unit to Vedanta Resources for a …

Oil Case

July 12, 2011 (LBO) - Sri Lanka's state-run Ceylon Petroleum Corporation has been asked to pay 162 million dollars to Standard Chartered Bank over oil …