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Ministerial Consultative Committee cleares Amendments to Petroleum Products Act to liberalize duopoly Petroleum market

The Petroleum Products (Special Provisions) Amendment Bill was approved by the Ministerial Consultative Committee on Power and Energy with amendments in accordance with the decisions given by the Supreme Court.…

Indian Oil Corp unit to open 50 fuel stations in Sri Lanka to help alleviate crisis

(Reuters) – Sri Lanka has given approval for India’s Lanka Indian Oil Corporation (LIOC) to open 50 new fuel stations, a company official said on Monday, as part of efforts…