The Ceylon Petroleum Corporation and Lanka IOC have announced that their retail fuel price will be revised from midnight today (31) Accordingly the new retail price of fuel (per liter) will be, Octane 92 petrol – Rs. 318 Octane 95 petrol – Rs. 385 Lanka Super Diesel – Rs. 340 Lanka Kerosene – Rs. 245 […]

The Ceylon Petroleum Corporation (Ceypetco) announced that its retail fuel prices will be revised with effect from midnight today (May 31).

The Indian High Commission yesterday (30) said that following a request from Sri Lanka, the State Bank of India (SBI) had extended the tenure of the USD 1 billion Credit Facility, provided in March 2022, for the procurement of essential items. In this context, an Amendment Agreement was signed yesterday, in the presence of the […]

The government has decided to increase the fuel quotas allocated under the National Fuel Pass QR System with effect from tomorrow (May 31).

India has done more for Sri Lanka than the International Monetary Fund (IMF), Union Minister for External Affairs Dr S Jaishankar, has told the Indian Express. The IE story, filed from Ahmedabad, said: The Modi government, he [Jaishankar] underlined, is working on developing an “extended neighbourhood” that involves islands in the Indian Ocean, Gulf countries and […]

Minister of Power and Energy Kanchana Wijesekara emphasizes that he requested Speaker Mahinda Yapa Abeywardene to take necessary disciplinary and legal steps against the false statements made in Parliament regarding the operation of fuel station business by Sinopec Fuel Oil Lanka in Sri Lanka.

Minister of Power and Energy Kanchana Wijesekara says that the National Fuel Pass QR System allocated fuel quotas will be increased from Wednesday (May 31).

Minister of Power and Energy Kanchana Wijesekara says that the fuel quota will possibly be doubled from next month.

Minister of Power and Energy, Kanchana Wijesekera, yesterday announced that the fuel quotas, currently allowed on the National Fuel Pass (QR) system, will be increased from next month. The decision was taken on Thursday at a meeting held with the marketing, finance and commercial divisions of the Ceylon Petroleum Corporation (CPC). The current quotas were […]

By Y P Prakash India is planning to amend its National Electricity Policy draft, which would result in a halt in the construction of new coal-fired power plants. This move would make India the first major economy to commit to a moratorium on new coal plants. By phasing out these plants, India can significantly reduce […]

The fuel quota currently allowed on the National Fuel Pass (QR) system will be increased from next month, Minister of Power and Energy Kanchana Wijesekera said.

Sinopec Fuel Oil Lanka (Pvt) Ltd. today refuted the Âunfounded claims suggesting that the company has hired agencies to manage certain aspects of their operations in carrying out the fuel station business in Sri Lanka.

By Y P Prakash A generator unit at The Norochcholai Power Plant recently suffered another breakdown, as reported by the Minister of Power and Energy, Kanchana Wijesekera, in a tweet. The Ceylon Electricity Board (CEB) had informed him about the breakdown in unit 3 of the Norochcholaipower plant. Unit 3 was scheduled for major overhaul […]

The ecology of the Kashmir occupied by Pakistan (PoK) is being destroyed by an expanding military presence, including insurgent camps and the footprints of the China-Pakistan Economic Corridor (CPEC), reported Asian Lite International. According to media reports and expert commentators in Pakistan, the region’s ecology has suffered due to the sharp decline in forest cover. […]

by Rathindra Kuruwita Sri Lanka yesterday signed a long-term contract with Sinopec Fuel Oil Lanka (Pvt) Ltd., to import, store, distribute, and sell petroleum products, the President’s Media Division (PMD) said. The PMD said the contract was signed at the Presidential Secretariat and that the agreement was reached following the recommendations of a Cabinet-appointed special […]

Minister of Power and Energy Kanchana Wijesekara says that according to the agreement signed between Sinopec and the Ministry of Power and Energy, the state-owned Chinese company will be granted a 20-year license to operate 150 fuel stations currently operated by the Ceylon Petroleum Corporation (CPC).

The Contract Agreement has been signed, a short while ago, at the Presidential Secretariat with Sinopec Fuel Oil Lanka (Pvt) Ltd and its parent company in China and Singapore for a long-term contract on the import, storage, distribution, and sale of petroleum products in Sri Lanka, the President s Media Division (PMD) reported.

Lanka Private Bus Owners’ Association (LPBOA) Chairman, Gemunu Wijeratne, expressed concern over the random emission tests conducted on private commuter buses by flying squads from the Transport Ministry and warned of a strike if these tests continue. He warned that if the Transport Ministry failed to address the issue, the Association would take drastic action, […]