Sept 17 (Reuters) – The Indian government has cut the windfall tax on petroleum crude to zero from 1,850 rupees per metric ton, effective from Sept. 18, a notification issued on Tuesday showed. The Indian […]
OPEC argues that taxes on gasoline are a more significant factor in pump prices than the cost of crude oil. The organization claims developed nations earn more from gas taxes than OPEC does from oil […]
Capital investment to fall to £2.3 billion in 2025-2029: OEUK Almost half of additional output would be uneconomic: OEUK The UK’s new tax regime for North Sea oil and gas could lead to an investment […]
Tesla’s price cuts have led to a 70% increase in used EV sales in the first half of 2024. The average price of a used EV has dropped below $30,000, making them more affordable than […]
Firms across the UK’s oil and gas supply chain have raised concerns about the government’s plans to increase windfall taxes and remove investment incentives. In an open letter to HM Treasury, 42 companies warned that […]
ENB Pub Note: Please follow Robert Bryce on his Substack for great commentary and throught leadership in the industry. I have enjoyed my conversations with Robert and he is a great friend to the show. […]
The Indian Oil Ministry has asked the country’s Finance Ministry to consider scrapping the windfall tax on petroleum products due to falling crude oil prices, India’s broadcaster ET Now reported exclusively on Monday, quoting sources. The oil […]
The No Tax on Tips Act that would exempt tips from federal income taxes has been introduced in the House and Senate as of Tuesday. Sen. Ted Cruz (R-Texas), joined by Sens. Steve Daines (R-Mont.), […]
Casper, Wyo. – The Petroleum Association of Wyoming (PAW) proudly announces that the oil and natural gas industry has made a monumental contribution of $2.42 billion in taxes to the state of Wyoming in 2023. […]
California Attorney General Rob Bonta announced on Monday that the state would seek to seize the “illegally obtained profits” of several big oil companies, as part of an amended lawsuit claiming that the companies falsely […]
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