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
Category: Oil & Gas
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
U.S. to announce scientific breakthrough on fusion energy could pave the way for UNLIMITED clean energy -sources
WASHINGTON (Reuters/CNN) – The U.S. Department of Energy will announce on Tuesday that scientists at a national lab have madeContinue Reading
Germany to get new Qatari LNG flows through QatarEnergy, ConocoPhillips deal
Germany is set to receive new flows of Qatari liquefied natural gas (LNG) from 2026 after QatarEnergy and ConocoPhillips (COP.N) on TuesdayContinue Reading
Qatar signs 27-year deal with China as LNG competition heats up
DOHA, Nov 21 (Reuters) – QatarEnergy has signed a 27-year deal to supply China’s Sinopec with liquefied natural gas (LNG),Continue Reading
Sri Lanka approves law to liberalize petroleum imports
COLOMBO, Oct 18 (Reuters) – Sri Lanka approved legislation on Tuesday to let companies from oil-producing nations import and sellContinue Reading
Crisis hit Sri Lanka snapping up cheap Russian oil -Financial Times
Debt-laden Sri Lanka has been buying up large amounts of discounted Russian oil amid an economic meltdown that sent the country into default forContinue Reading
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
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