Here’s a thing investors in equity need to keep in mind. A large part of the upmove one might see in the next one or two trading sessions w...

Governments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...

Asia is experiencing energy shocks similar to the 1970s oil crises, with rising fossil fuel costs impacting consumers and industries. This ...

"Adding to the fragrance of friendship and cooperation. High Commissioner formally handed over 21,000 tonnes of fertilizer supplied under I...

The decision to supply fuel comes after recent discussions held between Sri Lankan high commissioner to India Milinda Moragoda and minister...

The Sri Lankan government is now exploring options to purchase discounted oil from Russia, as the island nation desperately looks to replen...

It was not immediately clear how far the government could stretch its fuel reserves. The stockpiles stand at about 9,000 tonnes of diesel a...

“We are now facing a far more serious situation beyond the mere shortages of fuel, gas, electricity and food. Our economy has completely co...

The bicycle initiative was aimed at conserving petrol in the Colombo deep-sea container port, Sri Lanka Ports Authority chairman Prasantha ...

The decision to raise the Octane 92 petrol price by 24.3 per cent or 82 rupees and diesel by 38.4 per cent or 111 rupees per litre was take...

Sri Lanka has been mulling different options to facilitate measures to prevent fuel pumps from going dry, as the country faces a severe for...

The Sri Lankan government has asked its non-essential staff to stay at home due to the petrol and diesel shortage. Lawmakers have asked the...

The Sri-Lankan government has been struggling to find funds for the importation of fuel, gas and other essentials in recent months as the n...

Crisis-hit Sri Lanka on Wednesday revealed that it does not have foreign exchange to pay for a vessel of petrol anchored in its waters for ...

India recently announced to extend a USD 1 billion line of credit to Sri Lanka as part of its financial assistance to the country to deal w...

“India a committed partner and a true friend of Sri Lanka. The High Commissioner (Gopal Baglay) handed over 40,000 MT fuel consignment by I...

According to the Cabinet statement, the Ministry of Energy has discussed with the IOC to procure 40,000 metric tonnes of diesel and 40,000 ...