Billionaire’s exit prompts SL to seek new oil explorer?

Sri Lanka will issue a fresh international tender for offshore oil and gas blocks after billionaire Anil Agarwal’s Cairn India Ltd. relinquished its exploration rights in the South Asian island, the Bloomberg news agency reported today. MORE...

October 13, 2015  07:15 pm|

Water supply suspended due to oil contamination

Water supply has been suspended to the Colombo Municipal Council, Sri Jayawardenapura Kotte Municipal Council, Dehiwala-Mount Lavinia Municipal Council areas due to an oil contamination affecting the Kelani River. MORE..

August 28, 2015  01:52 pm|

Special commodity levy on Dhal reduced, oils increased

The special commodity levy on imported Dhal has been reduced from Rs 5 to 25 cents per Kg while levy on oils - except coconut oil - has been increased from Rs 90 to 110 per kg from today.

June 17, 2015  07:30 pm|

Lanka student finds green way to tackle oil spills

A 24-year-old Sri Lankan post-graduate student in Chemistry at the University of Maryland USA, has discovered an agent which will clear oil spills in the sea without damaging the aquatic environment. MORE...

May 21, 2015  08:27 am|

Cairn India exits Sri Lanka oil exploration

A nearly 50 per cent drop in crude oil prices has forced Cairn India to exit its operations in Sri Lanka. MORE..

April 25, 2015  12:28 pm|

Malaysia eyes infrastructure projects in Sri Lanka

Malaysia has proposed to implement several infrastructure projects in Sri Lanka under a government-to-government understanding which, among others, include the Colombo City Monorail by Scomi International, oil pipeline, highways, and housing development. MORE..

February 28, 2015  11:53 am|