RM Parks and Shell sign deal to enter Sri Lanka petroleum business

08 Jun, 2023

US based Petroleum company RM Parks in a collaboration with Shell PLC signed an agreement to enter the Sri Lanka petroleum business.

RM Parks will be the 4th supplier to enter the domestic market and will operate under the Shell branding.

They signed a 20 year agreement to import, distribute and sell petroleum products through 150 fuel stations allocated from the Ceylon Petroleum Corporation (CPC).

Approval was also granted for 50 new fuel stations to be established islandwide.

They will upgrade the fuel stations with new automated dispensers, electric charge stations, mini markets and cafes. (Colombo Gazette)

Recommended For You

Sri Lanka’s Apparel Exports Rise 5.4% in First 11 Months of 2025

Sri Lanka’s apparel industry recorded a strong performance in the first 11 months of 2025, with cumulative exports reaching USD 4,571.99 million, a 5.42% increase compared to the same period last year, according to data released yesterday by the Joint Apparel Association Forum (JAAF). Apparel exports for November 2025 totaled USD 367.60 million, reflecting a slight decline of 1.96% from USD 374.94 million in November 2024. The monthly results were mixed across key markets, with the US posting U

30 Dec, 2025

Singer Unveils ‘Signature’ Luxury Home Showroom at One Galle Face

Singer Sri Lanka PLC, the nation’s leading home and lifestyle brand, has unveiled ‘Signature by Singer’, a premium home and living showroom at its flagship store in One Galle Face Mall. The new space represents a significant step in Singer’s mission to deliver design-driven, international-standard home solutions to Sri Lankan consumers. Developed in collaboration with Malaysia’s Signature Group, the country’s largest kitchen cabinet and wardrobe manufacturer with nearly three decades of industr

30 Dec, 2025

Elephant Death Toll Remains High in Sri Lanka

Sri Lanka continues to record the highest number of elephant deaths in South Asia relative to its elephant population, according to official data released yesterday (26). While India has an estimated 20,000 to 27,000 elephants, Sri Lanka is home to only about 6,000 to 7,000. Despite this, the Department of Wildlife Conservation reported that 397 wild elephants have died so far this year. The majority of deaths were attributed to human-elephant conflict, including gunshot injuries, electrocutio

27 Dec, 2025

Colombo Gazette is a leading news and entertainment website, covering stories related to Sri Lanka. The content consists of text based news, photos and videos and is linked to social media websites including Facebook, Twitter and Instagram, to provide a wider coverage for its stories.