In July, India surpassed China as the largest importer of Russian oil as the Chinese refiners reduced purchases due to lower profit margins from fuel...
Reliance Industries Ltd on 24 July announced receiving approval from the US to resume importing oil from Venezuela despite White House sanctions on the country. ...
To rationalise the petroleum sector’s tax structure, the government has reimposed a windfall tax on domestically produced crude oil of Rs 6,400 per tonne. Petrol...
On Saturday, state-owned Bharat Petroleum Corporation Ltd (BPCL) reported that it had signed a pact with Brazil’s national oil company Petrobras for sourcing crude oil...
The majority of India’s crude oil supply in the foreseeable future, according to Hardeep Singh Puri, minister of petroleum and natural gas of India, will...
The union government has raised the windfall tax on locally produced crude oil sales to Rs 13,300 per tonne.The revision is effective beginning on September...
According to a government order, the central government has slashed the windfall profits tax imposed earlier this month on crude oil by about 27% to...