Sinopec Can Sell Fuel Oil below the MRP value set by the Ministry, No Obstacle from the Government!

To secure the country’s fuel supply issues, the government of Sri Lanka expanded the opportunity for foreign companies to bid to enter the local market. As a result, three companies were selected. Among them, Sinopec, a leading international petroleum company headquartered in China, became the first to sign an agreement with the Sri Lankan government […]

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McLarens Is Not the Local Representative of Sinopec Fuel Operations in Sri Lanka!

දිනපතා සත්‍ය කරුණු දැන ගැනීමට අපගේ WhatsApp සමුහයටමෙතනින් එකතුවන්න. Viral posts on cyberspace stated that Minister Kanchana Wijesekera would marry the daughter of the McLaren Group’s owner, and because of this arrangement, the McLarens Group had been chosen as the local representative of Chinese oil company Sinopec, one of the three companies which were selected […]

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Lanka IOC Fuel Prices Were NOT increased on 7th or 18th May Midnight!

Update 18/05/22: Lanka IOC Managing Director Manoj Gupta confirmed that the social media posts claiming that Lanka IOC would increase fuel prices from midnight today (May 18) are untrue. This was confirmed by Sri Lanka’s Minister of Power and Energy Kanchana Wijesekera as well. A news item circulated on social media saying that Lanka Indian […]

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