New players for fuel market to use cost-reflective pricing
Final negotiations are underway between Sri Lankan authorities and the foreign companies that have been approved to enter the localContinue Reading
Final negotiations are underway between Sri Lankan authorities and the foreign companies that have been approved to enter the localContinue Reading
The Ministry of Power and Energy has decided not to revise the fuel quota that was amended in view ofContinue Reading
The Lanka Indian Oil Company (LIOC) has refuted reports circulating on social media pertaining to vehicle fuel capacity. LIOC saidContinue Reading
Fuel distribution commenced at the Kollonnawa and Muthurajawela terminals at 6.00 am today, Minister of Power and Energy Kanchana WijesekeraContinue Reading
The Ministry of Energy has shared a breakdown of the Ceylon Petroleum Corporation’s (CPC) retail and industrial fuel sales recordsContinue Reading
Japan has decided to provide humanitarian grant assistance of USD 46 million to Sri Lanka, the Japanese Embassy in ColomboContinue Reading
The Ceylon Petroleum Corporation (CPC) has reported its fuel cost breakdown as of 18th February 2023, reporting a profit forContinue Reading
The Japanese government has agreed to provide USD 38 million to Sri Lanka for the purchase of fuel, mainly Diesel,Continue Reading
The Sri Lanka Bureau of Foreign Employment (SLBFE) reported a surplus of Rs. 3 billion in 2022, Minister ofContinue Reading
The Ceylon Petroleum Corporation (CPC) has earned a profit following the recent revision of fuel prices in Sri Lanka. MinisterContinue Reading
Minister of Power and Energy Kanchana Wijesekera has confirmed that there will be no fuel price revision this week. InContinue Reading
Sri Lanka has held a discussion with the Government of Russia on the possibility of obtaining a long-term credit lineContinue Reading
The fuel quota for three-wheelers will be increased within the next two weeks, Minister Kanchana Wijesekera informed Parliament today (18).Continue Reading
The fares of buses and three-wheelers engaged in public transportation services will not be reduced despite a slash in fuelContinue Reading
Two petrol dispensers have been sealed at a fuel station in Colombo 07, the Public Utilities Commission of Sri LankaContinue Reading
Minister of Energy Kanchana Wijesekera has provided an update on the current fuel stocks in Sri Lanka. According to theContinue Reading
Chief of Staff to the President and Senior Advisor to the President on National Security Sagala Ratnayake has instructed relevantContinue Reading
The Ministry of Power and Energy says it has observed that more than 2100 businesses have set up their ownContinue Reading
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