Oil hits new peak
Crude price surges past US$ 102 a barrel:
Light, sweet crude for April delivery reached
102.08 dollars on the New York Mercantile Exchange (Nymex) for the
first time as investors turned to energy investments to combat a
weakening dollar.
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Cairn in race for two Lankan oil blocks
Cairn India has entered the race for acquiring
two oil exploration blocks in Sri Lanka, by bidding for blocks 001
and 002 under the ongoing Sri Lankan licensing round.
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Batticaloa fully geared for poll
Minister rejects adverse propaganda:
Government Defence Spokesman Minister Keheliya
Rambukwella scoffed at the malicious attempts by certain political
parties to present a bad picture about the forthcoming Batticaloa
local polls citing it as one of the best conducted elections so far.
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