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LIOC
Lanka IOC boss granted special residence visa to woo more foreign investments to crisis-hit countryThe Sri Lankan government is now exploring options to purchase discounted oil from Russia, as the island nation desperately looks to replen...01 Jul, 2022, 01.37 PM IST- Sri Lankan newspapers run out of newsprint due to forex crisis; suspend publicationSri Lanka is facing its all-time worst foreign exchange crisis after the pandemic hit the nation's earnings from tourism and remittances. T...26 Mar, 2022, 11.54 AM IST
- Sri Lanka to sign $500 million credit line with India today"The agreement for the credit line will be signed on Wednesday afternoon. Under this deal, Sri Lanka would be able to import fuel from any ...02 Feb, 2022, 04.58 PM IST
- Sri Lanka looking at $500 mn fuel credit line from IndiaSri 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...07 Jan, 2022, 10.23 PM IST
- Sri Lanka, India ink deal to jointly redevelop strategic World War II-era Trincomalee Oil Tank ComplexThe World War II-era oil storage facility, with a capacity of nearly 8 million barrels of oil, located in the strategically advantaged port...06 Jan, 2022, 10.32 PM IST
- Sri Lanka agrees to extend lease of strategic WWII oil tank farm to India for 50 years: Energy MinisterSri Lanka in 2002 entered the original deal with India on the island's most strategic oil storage complex, which was used as a supply base ...31 Dec, 2021, 03.52 PM IST
- Lanka IOC urges government to hike fuel pricesThe Sri Lankan government has put on hold the expected retail price hike of fuel despite increasing the prices of cooking gas and other ess...18 Oct, 2021, 01.10 PM IST
- Shringla visits Trincomalee oil tank farm, key India-Sri Lanka economic partnership linkAccording to the Indian High Commission, the LIOC briefed Foreign Secretary Shringla about the developments undertaken at the tank farm "an...03 Oct, 2021, 03.42 PM IST
- Indian Oil denies role in Sri Lanka fuel crisisThe Lanka Indian Oil Company (c) yesterday received flak for the fuel shortage after motorists lined up in long queues at petrol stations.07 Nov, 2017, 11.43 AM IST
- Indian Oil's Sri Lanka operations enjoys 10-year tax holiday: Lakshman Yapa AbeywardeneIndian Oil Corp's Lanka operations, LIOC, is enjoying a 10-year tax holiday, Deputy Economic Development Minister Lakshman Yapa Abeywardene...25 May, 2012, 11.13 PM IST
- IOC must supply diesel at lower price or face actionThe Sri Lankan government has asked LIOC, the Lankan subsidiary of India's oil major Indian Oil Corporation, to reduce diesel prices on par...20 Jun, 2008, 11.44 AM IST
- Lanka IOC turns around; posts $21.77 mn net profit for FY08LIOC, the Lankan arm of Indian Oil Corporation, has announced a net profit of 21.77 million dollars for 2007-08, a turnaround from the loss...30 May, 2008, 01.36 PM IST
- Lanka IOC losses to touch $ 6.3 million every monthLanka IOC, a subsidiary of Indian Oil Corporation, is fearing losses of about 6.3 million dollars every month following the steep hike in i...27 May, 2008, 01.42 PM IST
- LIOC losing $6 mn per month on spiralling crude pricesThe Sri Lankan subsidiary of Indian Oil Corporation is incurring a loss of nearly $ 6 million a month due to the steep rise in global crude...10 Nov, 2007, 01.15 PM IST
- Lanka Indian Oil to provide financial services at its outletsLanka Indian Oil Corporation will provide financial services like stock broking and micro finance facilities at its outlets in the Island c...05 Nov, 2007, 01.10 PM IST
- Lanka IOC signs settlement agreement with SRLConsequently, no subsidy is payable to Lanka IOC by GoSL beyond June 30, 2006.09 Jan, 2007, 03.40 PM IST
- IOC hikes fuel prices in LankaThe Sri Lankan subsidiary of Indian Oil Corporation has raised fuel prices by 7 percent to keep pace with soaring global oil prices.01 Sep, 2006, 03.15 PM IST
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