September 14, 2024, 10:56 AM - 3 min read
The effective duty on these crude and refined oils will increase from 5.5 per cent to 27.5 per cent and from 13.75 per cent to 35.75 per cent, respectively.
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September 12, 2024, 06:27 PM - 3 min read
Global crude oil prices dropped to a three-year low but have slightly rebounded. Indian oil firms may lower petrol and diesel prices if the trend continues, but cuts are likely closer to upcoming state elections.
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June 15, 2024, 12:54 PM - 2 min read
India first imposed windfall profit taxes on July 1, 2022, joining a host of nations that tax supernormal profits of energy companies.
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February 20, 2024, 07:08 PM - 2 min read
Drawing a distinction between India's historical ties with Russia and Europe's current stance, Jaishankar asserted that just as India respects Europe's perspective on China, Europe should reciprocate regarding India's relationship with Russia.
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February 6, 2024, 06:44 PM - 2 min read
Adnoc has already hired half of the 2.5 million tonnes storage capacity at Padur and 1.5 million tonnes facility at Mangalore. While the remaining 1.25 million tonnes at Padur has been filled by ISPRL, 0.75 million tonnes of vacant storage at Mangalore will be leased out, ISPRL CEO and Managing Director LR Jain told reporters on the sidelines of India Energy Week.
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January 5, 2024, 05:07 PM - 2 min read
The Union Cabinet on Friday approved signing of a 5-year memorandum of understanding with Guyana for cooperation in the hydrocarbon sector including sourcing of crude oil.
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