Sri Lanka stands the chance of attracting investments from Chinese companies amounting to around US $ 10 billion as a result ...

The President’s Media Division yesterday revealed that a $ 3.7 billion investment by leading Chinese global petroleum firm Sinopec was formalised with the signing of an agreement with the Ministry of ...

During the crucial period when the world is focusing on sustainable development and addressing climate change, clean energy has become the core driving force for energy transformation. As a leading ...

Sri Lankan President Anura Kumara Dissanayake's recent visit to China has bolstered strategic ties between the two nations.

Sri Lanka will receive its largest FDI from China with a $3.7 billion investment in an oil refinery under China's BRI.

In the current global market landscape, small-cap stocks have been under pressure, with the Russell 2000 Index dipping into correction territory amid inflation concerns and political uncertainties.

One wonders as to what President Anura Kumara Dissanayake would have come up with regarding the MOU which Sri Lanka has ...

China's oil demand and refinery throughput declined in 2024 for the first time in decades, driven by a shift towards electric vehicles and LNG trucks.

The share of Organization of the Petroleum Exporting Countries (OPEC) in India’s 2024 crude imports rose to nearly 51.5%, up ...

Although they have not been included in the total production capacity for the time being due to the low stability of the plants, the overall production capacity is still expected to continue to rise.

Chinas oil refining sector is bracing for significant disruptions as fuel demand peaks earlier than expected and Beijing ...

Sinopec, China's state-owned and largest oil refiner, signed an agreement with Sri Lanka's energy ministry to invest $3.7 ...