Government initiatives for the oil and gas industry Some of the major initiatives taken by the Government of India to promote the oil and gas sector are: In 2022, the Government announced a reduction in excise duty of Rs. 8 (US$ 0.10) per litre of petrol and Rs. 6 (US$ 0.077) per ...
The Oil and Gas Sector in India: Balancing Business Policies and Public Interest by the Supreme Court of Indiaenergyoil and gasconstitutional lawIndiaIndian authorities have formulated and implemented several policies for exploration, production, refining, transportation, and distribution of its Oil & ...
Indian Oil and Gas is a comprehensive resource with news, views, analysis and data of the petroleum, oil and natural gas sector in India
This publication has been written as a general investment and taxation guide for all stakeholders interested in the oil and gas sector in Indonesia. We have therefore endeavoured to create a publication which can be of use to existing investors, potential investors, and others who might have a ...
India is expected to be at the forefront in terms of the trunk/ transmission oil and gas pipeline network additions in Asia, accounting for more than 40% of the region’s total pipeline length additions by 2028, says GlobalData, a leading data and analytics...
OilandGasIndustrySizeisestimatedatUSD110bn(about 15%ofIndianGDP) Contributestoabout64%ofgrossrevenuesofGovernment (bothCentralandStatetogether)throughTaxesandDuties TotalContributiontoGovernmentexchequerin2004-05=USD 27bn Contributestoabout45%ofIndia’sprimaryenergy ...
The oil and gas sector constitutes about 40% of the primary energy source in India. The oil and gas industry is one of the six core industries in India and has very significant forward linkage with the entire economy. India is the fifth largest consumer of petroleum in the world and ninth...
The Development of the Oil and Gas Industry in Azerbaijanby Dr. Khoshbakht YusifzadeLeft: Transporting oil products from the Nobel Brothers' Factory.Since ancient times, Azerbaijan has been one of those regions of the world where there is a long history of involvement with oil. A chronology ...
This paper reports that India continues to press oil and gas exploration and development and expansion of its petroleum sector infrastructure. One of the key moves is the government's decision to stage a fourth exploration bidding round, its most ambitious to date and one expected to elicit enthu...
Around one in five of the public (22%) would say they thought the oil and gas sector was ‘trustworthy’ and, as mentioned, almost double that number consider it ‘untrustworthy’ (37%). In the examples above, we have noted where perceptions are particularly positive (China and India), ...