NEW DELHI: Petroleumproducts, including crude and some intermediate products, could be taxed under the proposed goods and services tax (GST), a move that will reduce the imperfections in the new levy and also narrow the inflationary impact of the tax. A proposal favouring imposition of a modest tax on these ... Read More »
KOLKATA: Indian Oil Corporation Ltd will start moving petroleum goods to Tripura via Bangladesh from Friday. The first convoy of tank trucks will be flagged-off from IOCL’s Guwahati terminal by executive director Dipankar Roy. This convoy of seven tank trucks will carry 84,000 litres of diesel and kerosene to Tripura ... Read More »
Swedish strength corporation Lundin Petroleum stated there’s no question the industry is below stress,but pressured its belongings offshore Norway must spur healing. “there may be absolute confidence in my mind that this ultimate region has been a hard and on thesame time a splendid one, in which we have laid ... Read More »
Iraq-centered Gulf Keystone Petroleum stated Friday it reached an agreement with bondholders to put offmaking interest bills while it seeks debt restructuring. The company stated it reached a address a committee of holders of notes and bonds to go into right into a “standstill settlement” on hobby payments for April. ... Read More »
Iraq-targeted Gulf Keystone Petroleum said Friday it reached an settlement with bondholders to delaymaking hobby payments even as it seeks debt restructuring. The agency said it reached a address a committee of holders of notes and bonds to enter into a “standstillsettlement” on interest payments for April. The settlement includes ... Read More »
HOUSTON, April 15 — U.S. energy company Goodrich Petroleum Corp. announced Friday it filed for bankruptcy protection in an effort to erase $400 million in debt. “Through the Chapter 11 restructuring, the company will eliminate approximately $400 million in debt from its balance sheet, substantially deleverage its capital structure and ... Read More »
