COLOMBO, Jan 12 (Reuters) - Sri Lanka is preparing to issue two-year oil and gas exploration licenses for as many as 900 offshore blocks for foreign firms to scout for energy resources and bring ...

Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil giant Sinopec, officials said on Thursday. Sinopec has agreed to invest $3.7 billion to ...

Sri Lanka is planning to send an official delegation to Russia to negotiate oil deals as the South Asian country faces a crippling fuel shortage amid an economic crisis. The island nation with a ...

In an interview with the Associated Press in mid-June, Prime Minister Ranil Wickremesinghe said Sri Lanka would be compelled to buy oil from Russia, adding that his country desperately needs fuel ...

The prime minister also said the country was trying to get its oil and coal from the Middle East, its old suppliers. Recommended Sri Lanka needs $5bn in next six months to ensure basic living ...