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Excise | No Suppression Where Credits Reflected In Statutory Returns; Extended Limitation Invalid; Indian Oil Petronas Wins CESTAT Appeal
27 Dec 2025 09:34 GMT
The Chennai Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that when the availment of CENVAT credit is duly disclosed in statutory ER-1 returns and the assessee has regularly paid excise duty, allegations of suppression within …
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National Oil Companies Quietly Set The Pace For The Next Decade
27 Dec 2025 03:00 GMT
… tighter capital conditions are forcing oil and gas companies to become more … on the spot market.
Petronas is expanding its LNG position … wind along with the oil and gas business. The ISA unit … national companies are keeping oil and gas at the center while …
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Oil And Gas Contestations In Sarawak And Sabah: Possible Paths Ahead – Analysis
27 Dec 2025 01:34 GMT
… [oil], 60 per cent [gas]
70 per cent
80 per cent
Profit Oil (Petronas … of Petronas’ domestic investment. Oil and gas are quite different matters; compared to gas, oil … petroleum sales tax, mandating Petronas and oil and gas companies to pay 5 …
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Korean player gets hold of interest in Asian offshore block ahead of oil & gas drilling ops
25 Dec 2025 15:53 GMT
… jointly conduct resource exploration with Petronas (operator, 51% stake) and … to be a leading oil-producing country in Southeast … the block have discovered oil in new geological formations … s high potential for further oil discoveries.
Aside from expanding …
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Petronas, CNOOC Ink LNG Sale and Purchase Agreement
26 Dec 2025 14:05 GMT
… energy firm Petronas has signed a liquefied natural gas (LNG … Oil Company (CNOOC), reinforcing its position in the Asian LNG market.
Petronas … existing relationship between Petronas and CNOOC and … long-term partnership. PETRONAS remains committed to delivering …
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South Korean Firm Buys Into Indonesian Offshore Oil Block
26 Dec 2025 14:05 GMT
… stake was acquired from Petronas North Ketapang, leaving Petronas with a 51% … in oil discoveries in new geological formations beyond existing production layers.
Petronas …
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PETRONAS Gas announces revised RP3 gas tariffs
26 Dec 2025 09:53 GMT
… LUMPUR: Petronas Gas Bhd (PGB) announced revised tariffs for its gas transportation and … and applies to the Peninsular Gas Utilisation (PGU) transportation system, … reliability and availability of its gas transportation and regasification infrastructure, in …
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KPDN probes petrol-diesel mix-up at Kuching-Samarahan Expressway Petronas station
26 Dec 2025 08:35 GMT
… into an incident at a Petronas fueling station along the Kuching … .
In a holding statement, Petronas Dagangan Berhad confirmed that the affected station … also assured customers that other Petronas stations nationwide are not affected …
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PETRONAS signs sale and purchase agreement with CNOOC
26 Dec 2025 08:24 GMT
… PETRONAS, has signed a sale and purchase agreement (SPA) with CNOOC Gas … and Power Singapore Trading & Marketing.
Under the agreement, PETRONAS … Earlier in November, Petronas, via Malaysia … TotalEnergies.
According to Petronas, integrating agentic …
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Petronas Dagangan confirms operational issue at Samarahan Expressway station
25 Dec 2025 16:46 GMT
KUCHING: Petronas Dagangan Berhad (PDB) has confirmed … operational issue at the Petronas Samarahan Expressway station here … customers that all other Petronas stations continue to … immediate assistance may contact Petronas’ customer care service, Mesralink …