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A service for energy industry professionals · Tuesday, May 27, 2025 · 816,607,261 Articles · 3+ Million Readers
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Sri Lanka Oil & Gas Newswire

  • Published on 05:50 GMT

    China-Sri Lanka ties in a changing world

    Chinese Ambassador to Sri Lanka Qi Zhenhong affirms that the so-called “Chinese debt trap” narrative is politically driven and unsupported by facts. Emphasising the strong foundation of bilateral ties, he notes that the scope for cooperation between China …

    Source: Daily FT - Pending
  • Published on May 26, 2025

    Sri Lanka’s Exports Surge to USD 5.5 Billion in First Four Months of 2025

    Sri Lanka's export sector demonstrated remarkable resilience and steady progress during the first four months of 2025, with total exports reaching US$ 5,583.25 Mn, marking a robust 6.9% increase compared to the same period in 2024. This upward trend …

    Source: Lanka Business Online - Indeterminate
  • Published on May 25, 2025

    China woos Sri Lanka with FTA and business deals

    New Delhi: China and Sri Lanka are exploring a free trade agreement (FTA) as Beijing continues to strengthen economic and military ties with India’s neighbours. A high-level Chinese delegation led by its commerce minister Wang Wentao will attend the Sri …

    Source: The Economic Times - Pending
  • Published on 20:07 GMT

    Why RBI wants Indian banks to give rupee loans to foreigners

    The Reserve Bank of India (RBI) wants Indian banks to give loans to foreigners in rupees . The RBI has approached the Centre asking for permission to do so. The central bank’s move is the latest step towards the internationalisation of the rupee. But what …

    Source: Firstpost - Center-right
  • Published on May 25, 2025

    Coconut Shortage and Palm Ban Threaten Edible Oil Supply

    By: Staff Writer May 25, Colombo (LNW): Sri Lanka is grappling with a deepening crisis in the coconut and palm oil industry, triggered by a severe shortage of coconuts and soaring global palm oil prices sky rocketing edible oil prices. A complete ban on …

    Source: Lanka News Web - Pending
  • Published on 20:30 GMT

    Egypt's Debt Crisis: Over 50% Of Budget Goes To Repayments

    (MENAFN- The Rio Times) (MENAFN- The Rio Times) Official figures from May 26, 2025, reveal Egypt's debt servicing now consumes over 50% of public spending, severely limiting funds for healthcare, education, and infrastructure. Egypt's external debt …

    Source: MENAFN - Indeterminate
  • Published on 08:20 GMT

    Far-right Israeli minister Ben-Gvir breaches Al Aqsa Mosque compound

    Live updates: Follow the latest on Israel-Gaza Far-right Israeli National Security Minister Itamar Ben-Gvir once again breached Al Aqsa Mosque compound on Monday, as Israel held its annual celebrations marking the capture of East Jerusalem in the 1967 Arab …

    Source: The National News - Pro-Government
  • Published on 08:20 GMT

    3,000-year-old tombs discovered in Egypt

    Egyptian archaeologists have discovered three new tombs in Luxor dating from the New Kingdom period between 1550BC and 1070BC. They were uncovered at the Dra Abu Al Naga necropolis, with the excavators identifying the names and titles of their owners …

    Source: The National News - Pro-Government
  • Published on 07:08 GMT

    Dubai Basketball coach urges fans to show up in force for must-win Partizan match

    Dubai Basketball need a much-improved performance when they face Partizan at home on Thursday after being soundly beaten 102-72 in the first of their best-of-three play-off semi-final on Monday. Sterling Brown scored a game-leading 21 points while Duane …

    Source: The National News - Pro-Government
  • Published on 06:51 GMT

    Central Bank of the UAE grants licence to new digital bank

    A new digital bank focusing on serving people and businesses has secured a licence from the Central Bank of the UAE. Al Maryah Community Bank said it would be "supporting individuals and small businesses within the UAE economy", offering smart …

    Source: The National News - Pro-Government
  • Published on 06:44 GMT

    Abbas Araghchi: Firefighter diplomat navigating Iran's political grey zone

    Iran’s Foreign Minister, Abbas Araghchi, seemingly never goes anywhere alone. In the wood-panelled corridors and rooms of a Foreign Ministry think tank in Tehran, he is permanently surrounded by aides, in a never-ending cycle of handshakes with foreign …

    Source: The National News - Pro-Government
  • Published on May 26, 2025

    Operationalising Defence MoU

    Now that it is signed, focusing on creating effective operational mechanisms and systems may be the best solution   There is consternation about the recent Memoranda of Understanding (MoUs) concluded between the Sri Lankan and Indian Governments, making …

    Source: Daily FT - Pending
  • Published on May 26, 2025

    Now Japan, next Germany: India must leverage domestic demand, self-reliance to keep rising

    India’s steady growth of over 6 per cent in GDP per annum year-on-year over most of the past decade is powering it into the top of the table as it overtakes advanced economies with low growth or even shrinkage. Since 2014, when the first Modi …

    Source: Firstpost - Center-right
  • Published on May 26, 2025

    Antwerp connection is a Belgium delight for Manchester United

    The plastic hoarding on the back of the 1920s grandstand reads 'Antwerp Manchester United.' It is flanked by club badges of Manchester United and Royal Antwerp. There are further signs of the cooperation inside the stadium which once held 61,000 …

    Source: The National News - Pro-Government
  • Published on May 26, 2025

    Nigeria to Launch $800m Lithium Processing Plants

    While people are mostly turning their heads at the most powerful currencies worldwide, it is always a good idea to glance at the weakest, to learn from their stories and mistakes. Every country worldwide wants to achieve economic stability, as this shows …

    Source: BusinessPost Nigeria - Indeterminate
  • Published on May 26, 2025

    3.932 billion Shares Worth N74.813bn Exchanged Hands in One Week

    While people are mostly turning their heads at the most powerful currencies worldwide, it is always a good idea to glance at the weakest, to learn from their stories and mistakes. Every country worldwide wants to achieve economic stability, as this shows …

    Source: BusinessPost Nigeria - Indeterminate
  • Published on May 26, 2025

    Interest rate cut: A calculated easing or a signal of deeper economic concerns?

    In a move that surprised many market watchers, the Central Bank of Sri Lanka (CBSL) opted to reduce its Overnight Policy Rate (OPR) by 25 basis points to 7.75% at its May 2025 monetary policy meeting. This decision came against the backdrop of widespread …

    Source: The Island - Center-left
  • Published on May 25, 2025

    Kerala rushes to contain environmental, economic risks after sinking of container ship

    The incident, discussed in a high-level meeting led by Chief Secretary Dr A Jayathilak, has prompted urgent action to mitigate environmental and economic risks along Kerala’s ecologically sensitive coastline. Containing damage On May 24, 2025, MSC Elsa 3, …

    Source: The Federal - Neutral
  • Published on May 25, 2025

    Delay in energy pricing reform threatens economic stability

    84   Sri Lanka stands at a critical juncture in its path to economic recovery, as delays in implementing a cost-reflective energy pricing policy threaten the disbursement of the next tranche of its International Monetary Fund (IMF) bailout package. Since …

    Source: Sunday Observer - Pro-Government

06 days 05:32:43

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