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Oil Giant Saudi Aramco, BYD Announce Alliance To Foster NEV Development
Saudi Arabia is working to diversify its economy, which is dependent on oil export revenue, and wants to set up 5,000 EV charging stations by 2030.
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Trump Ends Chevron's Venezuela Oil Permit In Major Blow To Nicolas Maduro
US President Donald Trump said Wednesday he was revoking permission for oil giant Chevron to operate in Venezuela, removing a crucial source of revenue in a wobbly economy run by leftist adversary Nicolas Maduro.
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India Says Sanctioned Russian Oil Tankers Can Discharge Before February 27
The United States has clarified to India that tankers loaded with Russian oil have to discharge by February 27 under the latest sanctions targeting Moscow's oil revenue, India's oil secretary Pankaj Jain told reporters at an event.
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NDTV Explainer: How Joe Biden's Russian Oil Sanctions Can Impact India
Indian and Chinese refiners are in a quest to find new suppliers of crude as they adapt to fresh US sanctions on Russian producers and tankers that are designed to curb the revenues of the world's second-largest oil exporter.
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Biden Imposes Toughest Sanctions Yet On Russian Oil To Aid Ukraine Peace
The Biden administration on Friday imposed its broadest package of sanctions yet targeting Russia's oil and gas revenues in an attempt to give Kyiv and the incoming administration of Donald Trump leverage to reach a deal for peace in Ukraine.
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US Blacklists 14 Russian Oil Tankers To Enforce Price Cap
The United States blacklisted 14 Russian oil tankers Friday as it sought to cut Moscow's petroleum revenues by enforcing a price cap imposed by the West after the Ukraine invasion.
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Russia's Oil Revenue Sinks As West Tightens Sanctions: Energy Body
Russia's oil export revenue sank 42 percent in February as Western powers tightened sanctions on the country in the wake of the Ukraine war, the International Energy Agency said on Wednesday.
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India Buying Crude Oil At Lowest Price From Russia Furthering G7 Approach: US
By driving a hard bargain with Russia in procuring crude oil at the lowest price possible, India is furthering policy of G7 to reduce Russian oil revenues and Washington is comfortable with New Delhi on issues relating to energy security, said US.
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Canada Announces Ban On Oil Imports From Russia Over Ukraine Crisis
Canadian Prime Minister Justin Trudeau announced Monday a ban on Russian oil imports, saying oil revenues have helped to prop up President Vladimir Putin and Russian oligarchs.
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Nearly 25 Kg Heroin Concealed In Oil Cans Seized At Mumbai Port
Over 25 kg of heroin was seized from a container in Nhava Sheva Port in Navi Mumbai in a raid by the Directorate of Revenue Intelligence's (DRI) Mumbai zonal unit.
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India Seeks Lower Oil Prices As High Pump Prices Bite
Last year, India raised taxes on sales of gasoil and gasoline, instead of passing on the benefits of lower oil prices to consumers, to boost revenue to fund welfare schemes
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ONGC Sees Gas Revenue Hit By $1 Billion Due To Price Cut
India has slashed prices of gas produced from old blocks - handed to explorers without bidding - by about a quarter to a multi-year low of $1.79 per million metric British thermal units.
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Excise Duty Hiked On Petrol By Rs. 10 Per Litre, Diesel By Rs. 13
The Indian government on Tuesday raised the excise duty on the petrol and diesel to reap the extra revenue by not passing on gains from a slump for oil prices in the international market. According to the report from PTI, the government increased the excise duty on petrol by a record Rs. 10 per litre and Rs. 13 per litre on diesel. As per the indus...
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Excise Duty On Petrol Hiked By Rs 10 Per Litre, Diesel By Rs 13; Retail Prices Unchanged
The government on Tuesday evening hiked excise duty by a record Rs 10 per litre on petrol and Rs 13 per litre on diesel to garner Rs 1.6 lakh crore additional revenue as it repeated its time-tested formula of not passing on gains arising from a slump in international oil prices.
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Government Raises Excise Duty On Petrol, Diesel By Rs 3 Per Litre
The government on Saturday hiked excise duty on petrol and diesel by a steep Rs 3 per litre each to garner about Rs 39,000 crore additional revenue as it repeated its 2014-15 act of not passing on gains arising from slump in international oil prices.
-
Oil Giant Saudi Aramco, BYD Announce Alliance To Foster NEV Development
Saudi Arabia is working to diversify its economy, which is dependent on oil export revenue, and wants to set up 5,000 EV charging stations by 2030.
-
Trump Ends Chevron's Venezuela Oil Permit In Major Blow To Nicolas Maduro
US President Donald Trump said Wednesday he was revoking permission for oil giant Chevron to operate in Venezuela, removing a crucial source of revenue in a wobbly economy run by leftist adversary Nicolas Maduro.
-
India Says Sanctioned Russian Oil Tankers Can Discharge Before February 27
The United States has clarified to India that tankers loaded with Russian oil have to discharge by February 27 under the latest sanctions targeting Moscow's oil revenue, India's oil secretary Pankaj Jain told reporters at an event.
-
NDTV Explainer: How Joe Biden's Russian Oil Sanctions Can Impact India
Indian and Chinese refiners are in a quest to find new suppliers of crude as they adapt to fresh US sanctions on Russian producers and tankers that are designed to curb the revenues of the world's second-largest oil exporter.
-
Biden Imposes Toughest Sanctions Yet On Russian Oil To Aid Ukraine Peace
The Biden administration on Friday imposed its broadest package of sanctions yet targeting Russia's oil and gas revenues in an attempt to give Kyiv and the incoming administration of Donald Trump leverage to reach a deal for peace in Ukraine.
-
US Blacklists 14 Russian Oil Tankers To Enforce Price Cap
The United States blacklisted 14 Russian oil tankers Friday as it sought to cut Moscow's petroleum revenues by enforcing a price cap imposed by the West after the Ukraine invasion.
-
Russia's Oil Revenue Sinks As West Tightens Sanctions: Energy Body
Russia's oil export revenue sank 42 percent in February as Western powers tightened sanctions on the country in the wake of the Ukraine war, the International Energy Agency said on Wednesday.
-
India Buying Crude Oil At Lowest Price From Russia Furthering G7 Approach: US
By driving a hard bargain with Russia in procuring crude oil at the lowest price possible, India is furthering policy of G7 to reduce Russian oil revenues and Washington is comfortable with New Delhi on issues relating to energy security, said US.
-
Canada Announces Ban On Oil Imports From Russia Over Ukraine Crisis
Canadian Prime Minister Justin Trudeau announced Monday a ban on Russian oil imports, saying oil revenues have helped to prop up President Vladimir Putin and Russian oligarchs.
-
Nearly 25 Kg Heroin Concealed In Oil Cans Seized At Mumbai Port
Over 25 kg of heroin was seized from a container in Nhava Sheva Port in Navi Mumbai in a raid by the Directorate of Revenue Intelligence's (DRI) Mumbai zonal unit.
-
India Seeks Lower Oil Prices As High Pump Prices Bite
Last year, India raised taxes on sales of gasoil and gasoline, instead of passing on the benefits of lower oil prices to consumers, to boost revenue to fund welfare schemes
-
ONGC Sees Gas Revenue Hit By $1 Billion Due To Price Cut
India has slashed prices of gas produced from old blocks - handed to explorers without bidding - by about a quarter to a multi-year low of $1.79 per million metric British thermal units.
-
Excise Duty Hiked On Petrol By Rs. 10 Per Litre, Diesel By Rs. 13
The Indian government on Tuesday raised the excise duty on the petrol and diesel to reap the extra revenue by not passing on gains from a slump for oil prices in the international market. According to the report from PTI, the government increased the excise duty on petrol by a record Rs. 10 per litre and Rs. 13 per litre on diesel. As per the indus...
-
Excise Duty On Petrol Hiked By Rs 10 Per Litre, Diesel By Rs 13; Retail Prices Unchanged
The government on Tuesday evening hiked excise duty by a record Rs 10 per litre on petrol and Rs 13 per litre on diesel to garner Rs 1.6 lakh crore additional revenue as it repeated its time-tested formula of not passing on gains arising from a slump in international oil prices.
-
Government Raises Excise Duty On Petrol, Diesel By Rs 3 Per Litre
The government on Saturday hiked excise duty on petrol and diesel by a steep Rs 3 per litre each to garner about Rs 39,000 crore additional revenue as it repeated its 2014-15 act of not passing on gains arising from slump in international oil prices.
