Petroleum

Way Cleared

May 28, 2013 (LBO) - Sri Lanka's state-run Ceylon Petroleum Corporation has re-started its 50,000 barrels per day refinery after a crude carrier started …

Crude Plan

May 23, 2013 (LBO) - Sri Lanka will re-start its 50,000 barrels per day refinery on May 24, after getting a stock of Omani light crude, petroleum minister …

Bunker Edge

May 13, 2013 (LBO) - Bunker fuels sold from Sri Lanka's ports was of higher quality with less particles that damage engines on average than even Singapore but …

Slipping

Apr 24, 2013 (LBO) - Demand for lubricants fell in the first quarter, on the back of a slowing economy and lower thermal power generation but profits at Sri …

Petro Law

Apr 18, 2013 (LBO) - Sri Lanka will introduce a new law on oil exploration and incorporate a separate entity to regulate upstream petroleum activities, …

Tank Tug

May 21, 2013 (LBO) - Sri Lanka will negotiate with Lanka IOC, a unit of Indian Oil Corporation. to take back unused oil tanks it had been given in the Eastern …

Oil Law

Jan 26, 2013 (LBO) - Sri Lanka will update its petroleum exploration law to bring the rule in line with the latest international practices, information …

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