"As of now, 4,910 forms have been received by CPC after commencing operations. The forms shall be processed a time-bound and faceless manne...

The agreement makes China's Sinopec the first newcomer in the Sri Lankan market in 20 years, and follows months of fuel rationing triggered...

The move cleared the way for international oil firms to re-enter Sri Lanka for the first time since the nationalisation of oil companies in...

These social media speculations may be due to dislike of the common Chinese towards the rule of Xi who is now all set to become President o...

According to the Ceylon Petroleum Corporation (CPC) statement, now motorcycles and other two-wheelers can purchase fuel upto worth Rs 1,000...

Sri Lanka is looking at getting a USD 500 million fuel credit line from India even as both sides are eyeing to further expand energy cooper...

According to the Indian High Commission, the LIOC briefed Foreign Secretary Shringla about the developments undertaken at the tank farm "an...

The data leak obtained by 'The Australian' newspaper has revealed how the alleged CPC members are employed with some of the world's biggest...

A Taiwanese delegation today discussed investment in the petrochemical cracker and downstream units.

It said a list of government powers will be introduced to squeeze out the room for power rent-seeking, or using power to influence regulati...

Days after criticism by Chinese Prez Xi Jinping, the ruling Communist Party of China approved plans and decided to cut hefty salaries of ex...

CBDT is mulling doing away with the mandatory submission of paper verification printout to its processing centre in Bangalore.

Finance Minister Pranab Mukherjee said on Saturday that after Bangalore, two more centres that handle I-T returns digitally would be set up...

Fitch Ratings has published a special report highlighting the squeeze in margins faced by some Asian downstream oil and gas companies.

The Sri Lankan government has asked LIOC, the Lankan subsidiary of India's oil major Indian Oil Corporation, to reduce diesel prices on par...

Congress Party President Sonia Gandhi has become the first foreign leader to meet with the new Communist Party Secretary of Shanghai, China...

Bharat Petroleum Corporation Ltd (BPCL) has bought its first cargo of Kazakh ultra-light CPC Blend crude, as well as Nigerian and Abu Dhabi...