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President Asif Zardari approves Petroleum Bill to curb fuel smuggling
30 Aug 2025 20:25 GMT
… shut down stations selling smuggled fuel, confiscate pumping equipment, and take … on large-scale operations, particularly oil tankers transporting more than 40 … to increase non-tax revenues and cut fiscal deficits. Petroleum taxes remain a …
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Prices of liquid fuel drop in August
31 Aug 2025 02:04 GMT
… Finland.
The average price with taxes for diesel was EUR 1 … 1.8 and for light fuel oil EUR 1.2.
The annual … per cent and for light fuel oil was minus 7.6 per … price was biggest for light fuel oil (minus 4.7%) and smallest …
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Four years on, and the cost of living crisis endures
30 Aug 2025 23:41 GMT
… rises in essentials — the continued cost of living crisis — means that … ’ defeat in America. The cost of living crisis that Donald … international prices of gas and oil have been flat over the … which replaced the old purchase tax when we joined the European …
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California crowed that it ‘finally beat big oil’ 2 years ago. Regulators just halted the landmark penalty payments
30 Aug 2025 17:38 GMT
… the oil industry while ensuring a stable and affordable fuel … wean itself off fossil fuels but must prioritize protecting …
But the Western States Petroleum Association recommended that the … nation, largely due to taxes and environmental regulations. Regular …
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5% surcharge: A golden opportunity to wean Nigeria off its fossil fuel addiction
30 Aug 2025 12:28 GMT
… largest oil producer, has announced a 5% tax on all fossil fuel … an explicit cost. Speaking of a carbon tax, a carbon tax is … , the surcharge or fossil fuel tax was not introduced in isolation … corollary to the 5% fossil fuel tax.
Global best practices demand …
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Explained: How Peter Navarro's Allegations On India Buying Russian Oil Hold No Water
30 Aug 2025 11:44 GMT
… barrel. If India were to stop buying Russian crude oil today, global crude … state governments reduced taxes to the tune of … crude (and hundreds of grades of other global crudes) into petroleum … its citizens.
Refining crude and exporting fuels is how the global …
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Why India Will Need To Buy More Cheap Russian Oil To Offset Tariff Losses
30 Aug 2025 11:24 GMT
… crude. Russian oil typically offers a $2.5–$25 per barrel … discount compared to global benchmarks, directly reducing input costs … 000–300,000 barrels/;day), preserving cost structures and … a windfall tax on refiners benefiting from Russian crude to …
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Guyana’s Irfaan Ali looks to ride oil boom to second presidential term
30 Aug 2025 11:11 GMT
… the oil boom that is slated to reach 1.3m barrels per … . In 2015, huge deposits of crude were discovered off Guyana’s … the poor complain about high cost of living”.
Thanks to a … defrauded Guyana’s government of tax revenue and bribed public officials …
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Raghuram Rajan suggests windfall tax on Indian oil refiners to shield SMEs from Trump tariffs
30 Aug 2025 11:23 GMT
… windfall tax on oil refiners who are profiting from discounted crude oil.
… from Russian oil also contribute to offsetting the costs it … crude oil imports from Russia, which it says are helping fuel … barrels per day.
The two biggest importers of Russian oil …
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India Didn’t ‘Make A Killing’: Why Trump’s Trade Adviser’s Russian Oil Claims Fall Flat
30 Aug 2025 11:07 GMT
… Navarro accuses India of fuelling Putin’s war for … cost. India’s three major oil PSUs—Indian Oil Corporation (IOC), Bharat Petroleum … loss. The government slashed taxes. Refiners were bound by … global crude prices from spiralling past $200 per barrel, a …