On Monday, Sri Lankan President Ranil Wickremesinghe met a delegation from Chinese state-owned oil company Sinopec to discuss the construct...

This mechanism include supply of Donier surveillance aircraft for the Sri Lanka Air Force, a ship repair dock for the Sri Lanka Navy in Tri...

While thanking India for the economic package, Rajapaksa welcomed more Indian investments in Sri Lanka, and assured that a conducive enviro...

The lease agreements, which consolidate India's role in the project discussed since the time of the Indo-Lanka Accord of 1987, was cleared ...

India on Thursday assured Sri Lanka of its support to tide over "difficult times" even as it welcomed the Trincomalee tank farms project sa...

The World War II-era oil storage facility, with a capacity of nearly 8 million barrels of oil, located in the strategically advantaged port...

Sri 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 ...

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

Gammanpila told a gathering at the Colombo north suburb of Kolonnawa that talks with the Indian High Commissioner in Colombo on this issue ...

India’s interests in the Sri Lankan port are more strategic than economic, part of its effort to displace hefty investment coming into the ...

Sri Lanka recently informed India that it was cancelling the proposal for the 500mw coal-fired power plant due to public protests over poll...

"A joint task force will be constituted soon to work out the modalities. India stands ready to help Trincomalee become a regional petroleum...

Sources said with Sri Lanka government having reservations on leasing the facilities to Lanka IOC, the entire project is stuck.

Govt on Thursday denied reports that Sri Lanka had decided to reposses a part of a strategic oil depot Indian Oil as was announced by Infor...

Sri Lanka announced it would repossess part of a strategic oil storage depot after India supported international calls to probe war crimes ...

The 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...

Lanka IOC is the only private oil company other than the state-owned Ceylon Petroleum Corporation (CPC) that operates retail petrol station...