Russia still No.1 oil source despite fall
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.
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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.
India's crude oil imports fell for a third month in a row in August, government data showed on Tuesday, as refiners in the world's 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.