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India set to save Rs 1.8 lakh crore on oil imports after global price dip
08 May 2025 02:53 GMT
… on auto fuels, while under-recoveries on liquefied petroleum gas (LPG … crore reduction in profits before tax for FY2026. Despite this, … and OMCs sell the fuel below cost, compensating for the under … . If crude oil prices sustain between $60–70 per barrel, ICRA …
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Biogas Tax Credit Market Stays Strong in 2025
08 May 2025 01:45 GMT
… percentage of eligible project costs.
Initial excitement cooled after … and individual) looking for tax mitigation strategies.
That … In late 2024, OPAL Fuels Inc., a vertically integrated … reducing dependence on imported crude oil,” said Eric McAfee, …
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Russia’s oil and gas revenue down 12% y/y in April
08 May 2025 04:35 GMT
… drop in the price of oil.
Oil and gas revenues have been … to fight in Ukraine, though tax rises or cuts to spending … impact of lower oil prices.
The average Russian oil price in roubles … ,562 roubles in April per barrel, according to Reuters data.
The …
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Australia news live: Chandler-Mather fires back at Albanese; shareholders lodge protest votes against Woodside over oil giant’s climate failures
08 May 2025 02:04 GMT
… tariff plan as a 'tax on Bluey'Kevin Rudd … world does not want a “tax on Bluey”.
Australia’s ambassador … as pressure mounts over the oil and gas giant’s climate … proving resilient despite grappling with cost-of-living pressures. He said …
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Why Saudi’s rising economic deficit fuels oil pressures
08 May 2025 01:06 GMT
While non-oil revenues have seen some growth, they are still insufficient to offset the loss in oil revenue. The government’s continued fiscal outlays, including planned investments in infrastructure and social programs, remain crucial to the Kingdom’s …
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This Ultra-High-Yield Dividend Stock Continues to Add Fuel to Grow Its Already Prodigious Passive Income Stream
07 May 2025 23:42 GMT
… It has plenty of fuel to continue growing its … are comfortable with the tax complications of investing in … adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA … company, Marathon Petroleum, by expanding its crude oil value chain.
…
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Epic win: Congressman Begich bags historic 90/10 oil revenue split for Alaska
07 May 2025 23:13 GMT
… on Alaska’s share of oil revenues. In the budget … state lawmakers are looking to tax Alaskans and to actually dissolve … from FY35 onward
2. National Petroleum Reserve–Alaska (NPR-A) — … project from court challenges.
• Stable Costs: Locks in a $500,000 …
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Windfall tax and winter fuel payment stand despite lost votes, says Chancellor
07 May 2025 16:36 GMT
… windfall tax on oil and gas producers and cut the universal winter fuel … decision to scrap the winter fuel payments for all pensioners.
… people’s concerns about the cost of living crisis.”
She … people’s concerns about the cost of living,” Reeves said. …
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Senate Passes Two Tax Reform Bills, Retains 7.5% as VAT
07 May 2025 22:09 GMT
… the total revenue collected as taxes while the states and … a two per cent cost of production for the … the oil and non oil sectors.
It explained that the Tax Appeal … and professional qualification standards for Tax Appeal Commissioners, promoting efficiency …
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Godrej Consumer eyes demand revival amid cooling inflation and income tax relief
07 May 2025 21:58 GMT
… .
Apart from that, the income tax relief announced in the Budget … a sharp rise in palm oil prices, which is a key … accompanied import duties on palm oil. While GCPL did raise prices … cover the higher input costs. With palm oil prices normalising, the soap …