UAE turns to U.S for financial lifeline as Iran war shows no end – Report
The United Arab Emirates has begun preliminary talks with the U.S. about securing a potential financial safety net if theContinue Reading
Category: Oil & Gas
Sri Lanka’s Energy minister resigns
COLOMBO, April 17 (Reuters) – Sri Lanka’s Energy Minister Kumara Jayakody and ministry secretary Udayanga Hemapala resigned on Friday followingContinue Reading
U.S Vice President J D Vance says talks with Iran ended after 21 hours without reaching agreement
ISLAMABAD (AP) — U.S. Vice President J.D. Vance said negotiations ended early Sunday between the United States and Iran withoutContinue Reading
Sri Lanka unveils US$320 million subsidy to offset energy costs
COLOMBO (AFP)-Sri Lanka announced on Tuesday (Apr 7) a record US$320 million relief package for farmers, fishermen and low-income householdsContinue Reading
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
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
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