Petronas To Fight Asset Claims By Southeast Asian Sultan’s Heirs
Malaysian state oil firm Petronas said it would contest any claims on its assets by the heirs of a...
Month: October 2022
India Cuts Windfall Tax On Crude Oil Output, Diesel Exports
The Indian government has cut a windfall tax on domestically produced crude oil to 8,000 rupees per tonne from...
India’s Gasoil, Gasoline Sales Surge On Festive Demand
Gasoline and gasoil sales by Indian state refiners rose sharply in September from a year earlier.
RBI Sells Dollars As Rising Oil Prices Push Rupee To Near Record Low – Report
The Indian central bank likely sold dollars via state-run banks.
U.S. Treasury Seeks Phased G7 Oil Sanctions As EU Ban Looms
G7 sanctions on Russia will target its oil and products in three phases.
French Refinery Strike Continues At Four Sites For Eighth Day
Strikes have disrupted TotalEnergies' oil products refining and delivery for an eighth day.
U.S. Asks Congo To Pull Some Oil Blocks From Auction To Protect Forests
U.S. climate envoy John Kerry has asked Democratic Republic of Congo to withdraw some of the oil blocks it...
Two Oil Wells Operated By Nigeria’s Eroton On Fire – Report
Two oil wells operated by Nigerian firm Eroton Exploration and Production Limited caught fire on Monday and were still...
Oil Jumps About $4 As OPEC+ Weighs Biggest Output Cut Since 2020
Oil prices jumped nearly $4 a barrel as OPEC+ considered reducing output by more than 1 million barrels per...
Western Officials Finalizing Plans For Russia Oil-Price Cap
Officials said no price range has been decided yet, however one person familiar with the process said the cap...
