Analysis-Shocks and missteps: how Sri Lanka’s economy ended in crisis
COLOMBO (Reuters) – In late November 2019, after winning Sri Lanka’s presidential election and months ahead of a parliamentary ballotContinue Reading
Category: Oil & Gas
Russian forces invade Ukraine after Putin orders attack
Summary– Putin authorises military operation in east Explosions heard in Kyiv and across Ukraine Kyiv declares state of emergency, callsContinue Reading
Sri Lanka pays $35 million for 40,000 T diesel shipment while imposing rolling power cuts
COLOMBO – Sri Lanka has paid $35.3 million for a 40,000 tonne diesel shipment, an energy ministry official said onContinue Reading
Sri Lanka out of cash to buy oil: minister
(AFP)-Sri Lanka’s state-run petroleum company has run out of cash to buy oil, and fuel shortages across the country couldContinue Reading
Sri Lanka rations electricity as dollar crisis worsens
(AFP)- Sri Lanka imposed electricity rationing Friday with the main power utility unable to buy fuel oil for its powerContinue Reading
Sri Lanka, Indian Oil Corp unit to sign oil tank restoration deal
COLOMBO (Reuters) – Sri Lanka will sign a deal with Lanka Indian Oil Corporation (LIOC) to restore 75 oil tanksContinue Reading
Sri Lanka suspend cooking gas cylinder sales over mystery explosions
COLOMBO, Dec 3 (Reuters) – The Sri Lankan government on Friday suspended distribution of all gas cylinders following an alarmingContinue Reading
Sri Lanka orders probe into mystery cooking gas explosions
COLOMBO (Reuters) – Sri Lanka’s parliament convened a special committee on Wednesday to investigate dozens of unexplained cooking gas explosionsContinue Reading
Sri Lanka shuts only oil refinery as dollar shortage bites
(AFP)- Sri Lanka shut its only oil refinery Monday after running out of dollars to import crude, in an escalatingContinue Reading
BP says nearly a third of its UK service stations are out of fuel
BRIGHTON, England, Sept 26 (Reuters) – BP said nearly a third of its British service stations had run out ofContinue Reading
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