Sri Lanka raises Power tariffs as energy costs begin to bite
COLOMBO, March 30 (Reuters) – Sri Lanka raised power tariffs for most households by 7.2% and industries by 8.7% onContinue Reading
Category: Oil & Gas
Iran attack wipes out 17% of Qatar’s LNG capacity for up to five years, Qatar Energy CEO says
(Reuters)-Iranian attacks have knocked out 17 per cent of Qatar’s liquefied natural gas (LNG) export capacity, causing an estimated US$20Continue Reading
New Iranian Supreme leader calls for defiance, keeps key waterway shut
-AFP teams in Tehran, Jerusalem, Washington, Dubai and Beirut Iran’s new supreme leader ordered the vital Strait of Hormuz oilContinue Reading
Sri Lanka sees Sinopec starting work on $3.7 billion refinery soon, bidding for another refinery expansion
COLOMBO (Reuters) -Sri Lanka expects Chinese state energy giant Sinopec to start work on a $3.7 billion refinery this yearContinue Reading
Trump secures $600 billion Saudi investment pledge on Gulf tour
RIYADH (Reuters) – US President Donald Trump secured a $600 billion commitment from Saudi Arabia on Tuesday to invest inContinue Reading
Sri Lanka agrees with China’s Sinopec to fast-track $3.7 billion refinery
COLOMBO (Reuters) -Sri Lanka’s foreign minister said on Wednesday that the South Asian island nation had signed an agreement withContinue Reading
U.S company signs agreement to enter retail fuel market in crisis-hit Sri Lanka
COLOMBO, Sri Lanka (AP)- A U.S. petroleum company signed an agreement with Sri Lanka on Thursday allowing it to import andContinue Reading
Oil settles lower on weak China data, stronger US dollar
May 31 (Reuters) – Oil prices settled lower on Wednesday, pressured by a stronger U.S. dollar and weak data fromContinue Reading
Sri Lanka slashes fuel prices in line with an IMF agreement in welcome relief amid crisis
COLOMBO, Sri Lanka (AP) — Sri Lanka’s government on Wednesday announced significant cuts in fuel prices, providing welcome relief forContinue Reading
Sri Lanka regulator approves 65% hike in electricity tariffs- govt source
Feb 15 (Reuters) – Sri Lanka’s electricity regulator has approved a 65% hike in electricity tariffs effective from Wednesday, aContinue Reading
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