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The United National Party (UNP) today said that the government needs to be ashamed over increasing the price of fuel in Sri Lanka while fuel prices in the global market are declining.
General Manager of the Lanka Indian Oil Company (LIOC)Suboth Duckwela announced that they have increase the price fuel from midnight.
Sri Lankan inflation accelerated to a nine-month high in May, fanned by currency weakness that makes imports costlier. Consumer prices in the capital, Colombo, increased 7 percent from a year earlier after gaining 6.1 percent in April, the Department of Census and Statistics said on its website today. The median of seven estimates in a Bloomberg News survey was for a 6.5 percent advance. Sri ...
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A person illegally selling stocks of fuel in the Maskeliya area was arrested by the Special Task Force of the Police while a stock of petrol which was in his possession was seized during the raid.
Sri Lanka's annual inflation rate may have risen to a nine-month high in May as a weakening rupee pushed up prices of imported goods, while the government's decision to pass higher oil price hike to consumers pushed up fuel and electricity prices.andnbsp;
Indian IOC fuel suppliers operate in SriLanka requested Lankan official grant permission to raise price for their product.
May 31, Colombo: Sri Lanka's second player in the petroleum market, the India Oil Corporation owned Lanka Indian Oil Corporation (LIOC) has made a request from the Petroleum Industries Ministry to raise fuel prices.
The Petroleum Industries Ministry of Sri Lanka is looking at introducing a new fuel saving programme..
Minister Susil Premajayantha has clarified that Sri Lanka could consider the fuel price drop in the world market only after six weeks. The Minister expressed this view joining in the “Seventh Hour” programme telecast over ITN The Minister said that only about 30 percent of Sri Lanka’s requirements
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Lanka IOC one of two suppliers of fuel to the local market has made a fresh request to the government for a price hike in fuel, its General Manager...
Sri Lankan Ministry of Petroleum Resources emphasized that the Sri Lankan Government has not revised the price of fuel each time a revision had been done to the price of fuel in the World Market.
May 30, Colombo: The Petroleum Industries Ministry of Sri Lanka is looking at introducing a new fuel saving programme in the country.
The price of fuel in Sri Lanka cannot be reduced just because the price of crude oil in the global market has gone down by a certain percentage, the Ministry of Petroleum Industries said today responding accusations made by UNP spokesman.
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Close to 2,500 vehicles purchased last year to be used by state institutions are parked in garages without being used. The reason is the slashing of funds allocated to provide fuel for the state institutions in the 2011 budget.
A major fire has broken out at a fuel station in front of the Dehiwala Mount Lavinia Municipal Council. The Fire brigade has been deployed to douse the fire, Police said. .
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A fire, which erupted at a fuel station along the Galle Road, located in front of the Dehiwela-Mount Lavinia Municipal Council has been brought under control by the Fire Brigade the Police Media Unit told Ceylon Today online.
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A fire has broken out at a fuel station in Dehiwala a short while ago, police said.
A major fire has broken out at a fuel station situated on the Galle Road at Dehiwala a short while ago Fire officials and residents said. They said the blaze broke out around 10.00 am this morning and was brought under control after several hours. The fuel station, situated opposite the Dehiwala
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The exchange rate (ER) further weakened to the Rs. 129.80 level on the back of import demand to end last week at Rs. 129/70/90 in two way quotes, a market source told this newspaper. However call money rates and market repurchase transactions held at the previous day Thursday’s levels and so also did Treasury Bills ...
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Formula 1 – Spanish GP review Pastor Maldonado turned from grand prix winner to hero as Williams’ celebrations for his debut victory went up in flames. Just 90 minutes after being hoisted up on the shoulders of rivals Fernando Alonso and Kimi Raikkonen on the podium, having taken the chequered flag in the Spanish Grand ...
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With pressure by the United States mounting on India to cut down on its fuel imports from Iran due to the economic sanctions, its alternative power source, the nuclear power plant at Kudankulam too is coming under increasing pressure from other sources. .....
BP Singapore Pte. Ltd., a unit of BP PLC (BP), said Monday that it was in talks with Ceylon Petroleum Corp., or Ceypetco, on the issue of supplying jet fuel of incorrect specifications.
- Gushing Oil (Category: Business)
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BP Singapore Pte. Ltd., a unit of BP PLC (BP), said Monday that it was in talks with Ceylon Petroleum Corp., or Ceypetco, on the issue of supplying jet fuel of incorrect specifications. .
- Gushing Oil (Category: Business)
- Political Pressure (Category: Business)
- BP Shares Oil Spill Blame (Category: USA, Georgia)
- Dead oysters (Category: Technology)
Eight suspects drawing fuel from bowsers transporting fuel from the Lanka IOC tank farm complex in Trincomalee has been arrested.
Minister Susil Premajayantha has told Parliament the stock of substandard Jet fuel will not be used for aircraft. As a high commission has been received from the company from which the fuel had been purchased, a high profit can be earned from converting this fuel into kerosene.The Minister told
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The importation of 20,000 metric tons of a Jet A-1 fuel oil consignment has not caused any loss to the government, acting Cabinet Spokesman Lakshman Yapa Abeywardena said yesterday
The importation of 20,000 metric tons of a Jet A-1 fuel oil consignment has not caused any loss to the government, acting Cabinet Spokesman Lakshman Yapa Abeywardena said yesterday
Special Task Force (STF) personnel arrested eight suspects pilfering fuel from bowsers at the Hatharas Kotuwa reserve on the Kantale-Habarana road on Wednesday (9)
Police Special Task Force (STF) has arrested 8 suspects siphoning fuel from bowsers transporting fuel from the Lanka IOC tank farm complex in Trincomalee.
The Galle Fort a heritage site is to have environmentally friendly hydrogen three-wheelers plying its preserved streets as a UN agency launches a pilot project to test green transportation in Sri Lanka, Xinhua news reported. Three-wheelers due to their emissions h banned in the United Nations Educational, Scientific and Cultural Organization World Heritage Galle Fort, built in 1588...
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