Saudi oil giant Aramco profit surges 90% to $48.4 Billion in second quarter amid energy price boom
KEY POINTS Saudi oil giant Aramco reported a stunning 90% surge in second quarter net income and record half yearContinue Reading
Category: Oil & Gas
Sri Lanka hikes interest rates, warns trouble ahead
Cash-strapped Sri Lanka raised interest rates one percentage point Friday, the second sharp hike in three months, as the centralContinue Reading
Lanka grinds to a halt as fuel reserves shrink
(AFP)-Sri Lanka has less than a day’s worth of fuel left, the energy minister said on Sunday, with public transportContinue Reading
Sri Lanka to let firms from oil-producing nations import, sell fuel
COLOMBO, June 28 (Reuters) – Sri Lanka will allow companies from oil-producing countries to import and sell fuel, the powerContinue Reading
Sri Lanka sends SOS message to India for fuel, suspends retail sale for 2 weeks
NEW DELHI- Sri Lanka’s high commissioner Milinda Moragoda on Monday discussed his country’s urgent energy requirements with petroleum minister Hardeep SinghContinue Reading
Sri Lanka hikes fuel prices as US delegation arrives
Sri Lanka hiked fuel prices on Sunday, creating further pain for ordinary people as officials from the United States arrivedContinue Reading
Sri Lanka left with fuel stocks for around five days, minister says
COLOMBO, June 16 (Reuters) – Sri Lanka’s fuel stocks will last for about five more days, its power and energyContinue Reading
Cash-strapped Sri Lanka announces weekly fuel quotas
Crisis-hit Sri Lanka announced weekly fuel quotas for motorists on Sunday, as an acute shortage worsened and longer queues formedContinue Reading
TotalEnergies takes $2 billion foothold in Qatar’s giant gas expansion
Qatar on Sunday named France’s TotalEnergies as its first foreign partner to expand the world’s largest natural gas field andContinue Reading
Sri Lanka Hit by Power Cuts After Key Union Goes on Strike
COLOMBO (Reuters) – Swathes of Sri Lanka were hit by electricity cuts on Thursday after a power sector union wentContinue Reading
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