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Fighting for cheating-free petrol pumps

'There exists a 'brotherhood' of sorts for a very long time and corrupt dealers and corrupt OMC officials are in it together,' Ashwani Attrish, founder, Empowering Petroleum Dealers Foundation,......

Budget 2013: No direct impact on petroleum products sector

Petroleum Products: Budget 2013-14 Analysis Budget provisions The following announcements have been proposed in the Union budget 2013-14: No change in the peak rate of basic customs duty of 10% for......

Status quo maintained for Natural Gas

Natural gas/Liquefied Natural Gas imported for power generation by a power generation company is being fully exempted from basic customs duty Budget provisions. The following changes in the duties......

Here's what oil and gas sector expects from Budget

The Indian basket of crude oil prices has increased to $22.74 per barrel at the end of February 2012 compared to $110.47 in January 2012 and $101.62 per barrel in February 2012 mainly due to......

Budget 2012: Removal of customs duty on LNG sought

The share of natural gas in India's overall primary energy basket stands at 11%, as against the global share of 24%, primarily on account of supply side constraints. By 2025, natural gas will......

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