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Lanka IOC, the Glossary

Lanka IOC PLC is a subsidiary of Indian Oil Corporation which operates retail petrol and diesel stations in Sri Lanka.^[1]

Bitumen

Bitumen is an immensely viscous constituent of petroleum.

See Lanka IOC and Bitumen

Ceylon Petroleum Corporation

Ceylon Petroleum Corporation, commonly known as CEYPETCO (CPC), is a Sri Lankan oil and gas company. Lanka IOC and Ceylon Petroleum Corporation are oil and gas companies of Sri Lanka.

See Lanka IOC and Ceylon Petroleum Corporation

Colombo

Colombo (translit,; translit) is the executive and judicial capital and largest city of Sri Lanka by population.

See Lanka IOC and Colombo

Colombo Stock Exchange

The Colombo Stock Exchange (CSE) (translit; கொழும்பு பங்கு பரிவர்த்தனை) is the main stock exchange in Sri Lanka that utilizes an electronic trading platform.

See Lanka IOC and Colombo Stock Exchange

Common stock

Common stock is a form of corporate equity ownership, a type of security.

See Lanka IOC and Common stock

Energy industry

The energy industry is the totality of all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution.

See Lanka IOC and Energy industry

Fuel

A fuel is any material that can be made to react with other substances so that it releases energy as thermal energy or to be used for work.

See Lanka IOC and Fuel

Indian Oil Corporation Limited (IOCL or IOC), trading as IndianOil, is an Indian multinational oil and gas company under the ownership of the Ministry of Petroleum and Natural Gas, Government of India.

See Lanka IOC and Indian Oil Corporation

Lubricant

A lubricant (sometimes shortened to lube) is a substance that helps to reduce friction between surfaces in mutual contact, which ultimately reduces the heat generated when the surfaces move.

See Lanka IOC and Lubricant

Ministry of Power and Energy

The Ministry of Power and Energy (විදුලිබල හා බලශක්ති අමාත්‍යාංශය; மின்சக்தி மற்றும் வலுசக்தி அமைச்சு) is a cabinet ministry of the Government of Sri Lanka responsible for power and renewable energy.

See Lanka IOC and Ministry of Power and Energy

Petrochemical

Petrochemicals (sometimes abbreviated as petchems) are the chemical products obtained from petroleum by refining.

See Lanka IOC and Petrochemical

Public company

A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets.

See Lanka IOC and Public company

Sri Lankan economic crisis (2019–present)

The Sri Lankan economic crisis is an ongoing crisis in Sri Lanka that started in 2019.

See Lanka IOC and Sri Lankan economic crisis (2019–present)

Sri Lankan rupee

The Sri Lankan Rupee (රුපියල්, ரூபாய்; symbol: රු (plural) in English, රු in Sinhala, ௹ in Tamil; ISO code: LKR) is the currency of Sri Lanka.

See Lanka IOC and Sri Lankan rupee

Subsidiary

A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company, which has legal and financial control over the company.

See Lanka IOC and Subsidiary

Trincomalee

Trincomalee (translit; translit), historically known as Gokanna and Gokarna, is the administrative headquarters of the Trincomalee District and major resort port city of Eastern Province, Sri Lanka.

See Lanka IOC and Trincomalee

References

[1] https://en.wikipedia.org/wiki/Lanka_IOC

Lanka IOC, the Glossary

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