Extended
Mar 25, 2009 (LBO) – Sri Lanka's Chevron unit said the island's government has extended the lease on a land where its blending plant was located for a …
Petroleum
Oil Money
Feb 02, 2009 (LBO) - Cairn India, which is exploring for oil in Sri Lankan waters, said group after-tax profit for the December quarter was 48. online pharmacy …
Hedge Deal
Jan 27, 2009 (LBO) - Sri Lanka's Supreme Court Tuesday terminated proceedings in a case against oil hedges by the state-owned refiner, Ceylon Petroleum …
Hedge Exposure
Jan 19, 2008 (LBO) - Sri Lanka's Commercial Bank said its exposure to an oil derivative sold through People's Bank would be 21.buy singulair online buy …
Indian Signal
Jan 15, 2009 (LBO) - India's state-run Oil and Natural Gas Corporation (ONGC) which has been given an off-shore oil block in Sri Lanka, will inform the island …
Sri Lanka Shell unit says new tax prevents further price cut
Jan 01, 2009 (LBO) - Shell Gas Lanka, the Sri Lankan unit of the Shell multinational, said a new government tax and its inability to buy locally made liquid …
Volatile Pricing
Jan 01, 2009 (LBO) - Shell Gas Lanka, the Sri Lankan unit of the Shell multinational, said a new government tax and its inability to buy locally made liquid …
Barrelling Down
LONDON, December 28, 2008 (AFP) - Oil prices, which hit record highs above 147 dollars a barrel this year before plunging under 33 dollars, risk slumping more …
Petrol Saga
Dec 27, 2008 (LBO) – Sri Lanka's main opposition United National Party (UNP) plans to file a contempt-of-court case against the government for its …
China Plan
BEIJING, December 25, 2008 (AFP) - China has started filling tanks at its largest oil reserve, taking advantage of tumbling world crude prices, state media …
Volatile Price
Dec 24, 2008 (LBO) - The Sri Lanka unit of the Indian Oil Corporation, which slashed petrol prices in response to a Supreme Court order, raised the retail …
Price Cut
Dec 19, 2008 (LBO) – Lanka IOC, a unit of Indian Oil Corporation, is cutting the retail price of petrol to 100 rupees a litre on an order by Sri Lanka's …
Stand Off
Dec 19, 2008 (LBO) – Sri Lanka's cabinet of ministers had not revised oil prices after meeting for a second time, with a court decision to cut prices …
Oil Commission
Dec 16, 2008 (LBO) - Sri Lanka's state-run Ceylon Petroleum Corporation (CPC) was instructed to consider a bigger commission to its dealers, by the island's …
Court Formula
Dec 15, 2008 (LBO) – Sri Lanka's Supreme Court said the island's taxation of petroleum products was irrational and asked the Treasury not to tax petrol …
Formula Politics
Dec 10, 2008 (LBO) – Sri Lanka's President Mahinda Rajapaksa rejected a price-formula for fuel amidst growing public displeasure at exorbitant pump …
Export Formula
Dec 09, 2008 (LBO) - Sri Lankan industrial exporters say the lack of a transparent price formula especially for diesel has increased their production cost …
Oil Tumble
NEW YORK, December 4, 2008 (AFP) - Oil prices tumbled to their weakest levels in nearly four years Thursday as investors fixated on mounting signs of recession …
Petrol Pricing
Dec 05, 2008 (LBO) - The government said it will reduce fuel retail prices from midnight Friday in line with falling global oil prices and ahead of a court …
Black Market
Nov 03, 2008 (LBO) – Sri Lanka's state is operating a black market taking an estimated 54 billion rupees a year in profits and discriminatory taxes from …