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
Category: Oil & Gas
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
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
