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Oil Taxes Newsletter
  • Rashida Tlaib on fighting billionaire oligarchs: ‘The American people overwhelmingly want to tax the rich’ 19 Jan 2026 18:11 GMT

    … always investment in the fossil fuel industry, there’s always investment … and corporate actors, while costs were passed on to working … indulgences. Tlaib commented: “The oil and gas industry spent over … s going to increase the cost on many American families …

  • Smuggled oil products undermining local industry 19 Jan 2026 18:23 GMT

    Oil Palm Development Association of Ghana (OPDAG), smugglers are exploiting tax … loopholes to flood the market with cheap, untaxed oil … monthly through illicit vegetable oil imports – arising from … noting that existing crude palm oil refineries have a …

  • Russia's oil, gas revenues to drop by 46% in January year-on-year, Reuters reports 19 Jan 2026 18:03 GMT

    … budget's tax revenues from oil and gas are expected … since August 2020. Globally, oil prices have experienced the steepest … sanctions against the Russian fossil fuel sector to undermine its … , and elsewhere, offering its oil at steep discounts. The Trump …

  • Delhi High Court Quashes IT Notice Against Prannoy Roy, Radhika Roy; Imposes ₹2 Lakh Fine on Tax Dept 19 Jan 2026 15:03 GMT

    … also slapped costs of ₹2 lakh on the Income Tax Department for … are quashed. No amount of cost can be treated as enough … India,” the Court added.   A Taxing Twist in the Tiger… 500% on countries purchasing Russian oil, significantly raising pressure on major …

  • Nigeria Eyes Crypto Tax Revenue after $92.1bn Transaction Surge 19 Jan 2026 14:59 GMT

    … ecosystem operated outside formal tax systems, driven by … into Nigeria’s national tax declaration system, meaning income … operational burdens, potentially increasing costs that could be passed … new tax income without depending on traditional sources like oil. …

  • Inflation rises to 2.4% in December in ‘tax holiday’ rebound: StatCan 19 Jan 2026 13:41 GMT

    … of the federal government’s tax holiday a year earlier … meals, which StatCan said fueled the acceleration in the headline … were also included in the tax holiday and saw annual … oversupply of crude oil globally that drove down prices. While the cost of …

  • Can Union Budget 2026 finally make indirect taxes work for growth? 19 Jan 2026 12:43 GMT

    … restore tax neutrality and directly lower the cost of … unfinished reform. Keeping fuels outside the GST chain … , raising costs and undermining competitiveness. Including petroleum products would … the principle of tax neutrality, indirect taxes can be …

  • Crude Capitalism 19 Jan 2026 12:31 GMT

    This book has an amazing amount of content and is incredibly useful for anybody studying the last 150 years of capitalist history. Starting from the development at the end of the 19th Century of the American oil industry, he shows how oil has shaped the …

  • 3 Niche Oil and Gas Investments for Next-Gen Wealth Builders 19 Jan 2026 10:37 GMT

    … expert advice on investing, taxes, retirement, personal finance … Real assets without operating costs Mineral and royalty interests … in mature fields Enhanced Oil Recovery (EOR) — applying … conditions? Disciplined operations, cost control and strategic land …

  • Ramping up Venezuela oil production could risk "methane bomb", data shows 19 Jan 2026 09:38 GMT

    … Patrick Galey, head of Fossil Fuels investigations at Global Witness “Its … Protection Agency’s ability to tax companies for excessive methane leaks … of CO₂ per barrel of crude oil burned. These per-barrel emissions intensities are …

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