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News Feature

From war to the pump: Oil shock reaches Sri Lanka

By Madhusha Thavapalakumar Sri Lanka’s most recent fuel price increase is the latest sign of how global energy shocks continue to reverberate through...

News Feature

Middle East conflict hits Sri Lanka’s energy sector with price hikes

CPC Chairman urges public to reduce non-essential travel and use fuel sparingly The ongoing conflict in the Middle East has affected Sri Lanka’s...

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Fuel stations allege CPC coercion and blackmail in controversial fee dispute

Several fuel station owners operating from Ceylon Petroleum Corporation (CPC)-owned outlets have initiated legal proceedings against the state-run corporation, alleging coercion and blackmail...

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Ceylon Petroleum Corporation suffers 26.9 percent revenue loss

The Ceylon Petroleum Corporation (CPC) suffered a 26.9 percent revenue loss in 2024 since the entry of international suppliers to the local market,...

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Fuel surcharge to stay until CPC debt clears 

The Rs 50 surcharge on fuel will be withdrawn once the Treasury settles the remaining debt of the Ceylon Petroleum Corporation (CPC), Minister...

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Fuel prices increased, bus fare reduction scrapped

The Ceylon Petroleum Corporation (CPC) announced a revision of fuel prices, effective from midnight yesterday (30). The price of Auto Diesel has been...

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Controversy erupts over purchase of two Apple phones by CPC

A recent order for the purchase of two mobile phones by the Ceylon Petroleum Corporation has sparked widespread criticism after the details of...

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Ceylon Petroleum Corporation reports 75% drop in net profit

The Ceylon Petroleum Corporation (CPC) has reported a sharp 75% decline in net profit for the first ten months of 2024, according to...