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Sinopec and Sri Lanka to finalise deal on retail fuel sales

China Petroleum & Chemical Corporation, or Sinopec, and Sri Lanka are to finalise the deal on retail fuel sales. Power and Energy Minister Kanchana Wijesekera said that a team of Sinopec officials and technical experts visited Sri Lanka to finalize the agreements and commence operations for r

Gates shut for over 20 CPC employees who went on strike

The gates have been shut for over 20 Ceylon Petroleum Corporation (CPC) employees who went on strike. Minister of Power and Energy Kanchana Wijesekera said that the employees who did not report to work today (29 March) were sent on compulsory leave and banned from entering the CPC premises. Th

Seven companies submit EOIs for Hambantota refinery

Seven companies have submitted Expressions of Interest (EOI) for the proposed refinery in Hambantota. Power and Energy Minister Kanchana Wijesekera said that the 7 companies submitted EOIs for the proposed new refinery in Hambantota by the deadline yesterday. The seven companies are Grant &amp

Three companies get cabinet approval for the importation, storage, distribution and sale of petroleum in Sri Lanka

The Cabinet of Ministers approved the proposal presented by the Minister of Power and Energy to enter into a contract with the following organizations for the importation, storage, distribution and sale of petroleum in Sri Lanka on long term contracts as per the provisions of the Petroleum Products (Special Provisions) (Amendment) Act No 33 of […]

In a Bankrupt Sri Lanka, Corruption is the Root of All Evil

In a Bankrupt Sri Lanka, Corruption is the Root of All Evil
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