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Local News

SINOPEC Reevaluates $3.7 Billion Hambantota Refinery Amid Local Market Share Disputes.

May 4, 2026 at 12:18 AM

China’s SINOPEC has stalled the $3.7 billion Hambantota oil refinery project, citing concerns that the current 20% local market allocation is insufficient for economic sustainability, with reports suggesting they are seeking a 30% share.

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Energy
China Eyes Fuel Export Resumption as Domestic Stockpiles Surge
Image Source : klse.i3investor.com

China Eyes Fuel Export Resumption as Domestic Stockpiles Surge.

April 28, 2026 at 4:00 AM
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Local News
China Vows Stable Fuel Supply for Sri Lanka Amid Global Market Volatility
Image Source : jvpnews.com

China Vows Stable Fuel Supply for Sri Lanka Amid Global Market Volatility.

April 10, 2026 at 8:06 AM
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Local News
Government Updates Economic Relief Measures and Public Sector Regulations in Sri Lanka
Image Source : onlanka.com

Government Updates Economic Relief Measures and Public Sector Regulations in Sri Lanka.

April 8, 2026 at 7:07 AM
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Sinopec Adjusts Retail Price for Super Diesel
Local News•
April 6, 2026 at 5:59 PM

Sinopec Adjusts Retail Price for Super Diesel.

Sinopec Energy Lanka has revised the price of Super Diesel, increasing it by Rs. 28 to a new rate of Rs. 600 per litre, effective from midnight today.

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