Sri Lanka agrees with China's Sinopec to fast-track $3.7 billion refinery
Sri Lanka's foreign minister said on Wednesday that the South Asian island nation had signed an agreement with Chinese state energy giant Sinopec to fast-track a proposed $3.7 billion oil refinery in ...
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Is China trying to further ensnare Sri Lanka in its debt trap?
China seems to be gearing up to further ensnare Sri Lanka in its debt trap. This became evident when Sri Lankan President Anura Kumara Dissanayake undertook a four-day visit to China in mid-January ...
Island16h
Hambantota Intl Port expands bunkering with new HSFO facilities
Hambantota International Port (HIP) marked a significant milestone in January 2025, by successfully integrating High Sulphur ...
EconomyNext1d
Sri Lanka’s CPC to be given back United Petroleum fuel stations: report
Fuel outlets which were given to United Petroleum Corporation on a 20-year contract as part of efforts to bring more players ...
Business Recorder13d
Sinopec to lift refining output in Feb as independents cut runs, sources say
SINGAPORE: China’s Sinopec plans to raise crude throughput next month by 100,000 to 150,000 barrels per day (bpd) from ...
EconomyNext2d
Sri Lanka luxury tax anomaly for cabs not linked to vehicles for MPs: Minister
Sri Lanka's exemption of a luxury tax from cabs was not linked to attempts to give vehicles to members of parliament, Cabinet ...
FT21h
Hambantota International Port expands bunkering with new HSFO facilities
Hambantota International Port (HIP) marked a significant milestone in January 2025, by successfully integrating High Sulphur Fuel Oil (HSFO) into its range of bunkering services, now offering a ...