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Posts tagged as “peroleum”

Sinopec introduces competitive prices shaking up fuel market

report in Daily FT, Sept 2, 2023Sinopec Energy Lanka yesterday announced revised fuel prices, but with a competitive edge over other two established players in the market — Ceylon Petroleum Corporation (CEYPETCO) and the Lanka Indian Oil Corporation (LIOC). The China-based company wasted no time in making its presence felt by offering lower fuel prices compared to its local competitors. As per the latest price revision of Sinopec, a litre of 92 Octane Petrol is…

Roadside bomb kills seven in Afghanistan’s Mazar-i-Sharif

AFP report in Business Recorder online, Dec 6, 2022 (Breaking News)MAZAR-I-SHARIF: A roadside bomb killed seven petroleum company employees aboard a bus in northern Afghanistan on Tuesday, a provincial police spokesman said. “The bomb was placed in a cart by the roadside. It was detonated as the bus arrived,” said Asif Waziri, of the Balkh police department in Mazar-i-Sharif. Although the Taliban claim to have improved security across the nation since storming back to power…