Ho Ho Ho!!!
Retail fuel giant Lanka IOC Ltd.'s could be heading for a bleak Christmas as US$ 71 million worth of unpaid subsidy bills, due from the Sri Lankan government, …
Petroleum
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Hot Water
Retail fuel giant Lanka IOC Ltd reported 69 percent drop in second-quarter earnings on Friday as government imposed subsidies and record world crude prices …
First Salvo
Shell Gas is to jack up rates of domestic gas by Rs. online pharmacy buy flexeril with best prices today in the USA 57.00 from Monday, on the heels of a court …
Hot Air
The Court of Appeal has ruled the Consumer Affairs Authority (CAA) cannot control Shell Gs Lanka prices by categorizing LP gas as an essential item. online …
Déjà vu
Operating losses at the Ceylon Electricity Board is threatening to snowball to Rs. online pharmacy buy diflucan with best prices today in the USA buy elavil …
Escape Route
Trying to squirm out of paying mounting subsidy bills, Treasury has told state oil giant Ceypetco that it is liable to pay its claims, only if it declares a …
Renewable Bonds
The government plans to roll out a “Renewable Energy Support Bond” for Rs. online pharmacy buy diflucan with best prices today in the USA buy zofran online …
Skidding Off
Sri Lanka government shelves private sector funded oil refinery project in Sapugaskanda under trade union pressure. online pharmacy buy diflucan with best …
False Alarm
Ceylon Petroleum Corporation trade unions say they will not go on strike over a new refinery project, pending a meeting with Premier Mahinda Rajapakse. buy …
Serious Business
Sri Lanka President Chandrika Kumaratunga Tuesday set up a ministry to exploit the island nation's petroleum potential and named herself as its minister, a …
Back to Base
Ceylon Petroleum Corporation unions are threatening to strike work next week, protesting against a new refinery project to be built with private sector help. …
Oil Prospects
A US$ 800 mn refinery at Sapugaskanda has got the Cabinet nod, in a joint venture with US based Global Energy and Industrial Operations Inc.cytotec buy …
Et Tu Brute?
United National Party (UNP) said last week they would recommence work to build a thermal power station at Kerewelapitiya abandoning the west coast coal power …
Oil Spurt
Sri Lanka is close to signing a US$ 800 mn joint venture with a US based energy firm, to double oil refining capacity at its Sapugaskanda refinery and save on …
Green Power
Renewable energy player Vidulanka Ltd plans to tap the capital markets next year to raise around Rs. online pharmacy buy strattera with best prices today in …
Who’s Got the Power?
Battle between the board and the management at the monopoly power utility CEB intensified as engineers objected to the board calling for reasons from the …
Oil Guzzlers
Demand for petrol is increasing in Sri Lanka despite two price increases this year, says the Ceylon Petroleum Corporation (CPC). online pharmacy buy diflucan …
Norachcholai Tripped?
CEB engineers have sought assurances from UNP that a proposed coal power plant in Puttlam won't be scraped as its board of directors objected to the General …
Losing Interest
Power generation company Lakdhanavi Limited will de-list from the Colombo Stock Exchange, after it listed four years ago to be eligible to bid for a power …
Oiling Trade
Saudi Arabia agrees to cut import duties and open its agriculture, goods and services markets, including oil markets, to the US. Saudi Arabia agrees to cut …