Page 10 - Analysis Cell News Today

(This story has not been edited by THE WEEK and is auto-generated from a PTI

Reliance: For the six-month period starting October 1, the price of gas from deep sea and high-pressure, high-temperature (HPTP) areas has been cut to USD 9.96 per million British thermal unit from USD 12.12, oil ministrys Petroleum Planning and Analysis Cell (PPAC) said in a notification.

Indias Oil Routes: From April to July 2023, the increase was even more significant at 126.94%, underscoring Russias reinforced position in Indias oil landscape.

Russia has emerged as a major supplier of oil to India in the past 18 months as the country offered discounted oil amid sanctions from the West in reprisal for its invasion of Ukraine.

Crude Oil Consumption India: Public sector undertakings and joint ventures (PSU/JV) were responsible for refining 14.7 MMT, while private refiners processed the remaining 7.2 MMT.

Russia has emerged as a major supplier of oil to India in the past 18 months as the country offered discounted oil amid sanctions from the West in reprisal for its invasion of Ukraine.

According to data by Petroleum Planning & Analysis Cell (PPAC), ONGC registered production of 1.61 MMT while Oil India produced 0.28 MMT of crude oil in August.

Indias crude oil imports fell for a third month in a row in August, government data showed on Tuesday, as refiners in the worlds third biggest importer carried out maintenance and reduced... -September 19, 2023 at 12:37 pm EDT - MarketScreener

The government already imposes a 28% tax on diesel cars, plus an additional cess depending on the engine capacity, taking the total tax to almost 50%. What explains the pushback against diesel?

The establishment of the Global Biofuels Alliance signifies a monumental step toward a more sustainable energy future.