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India imposes windfall tax on oil producers, fuel exporters

Oil tankers are seen parked at a yard outside a fuel depot on the outskirts of Kolkata February 3, 2015. REUTERS/Rupak De Chowdhuri Register now for FREE unlimited access to Reuters.com Register India levies windfall tax of 23,250 rupees/T on oil producers Imposes export tax of 6 rupees/liter on gasoline and jet fuel Imposes 13 …

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Russia seizes control of Sakhalin gas project, raises stakes with West

Putin signed decree to secure all rights on Thursday Five-page decree follows tightening Western sanctions Move raises risks for Western firms still in Russia Shell was already in talks to sell up Sakhalin stake TOKYO/LONDON, July 1 (Reuters) – President Vladimir Putin has raised the stakes in an economic war with the West and its …

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Russia will replace Sakhalin-2 project operator with new firm

A general view of the liquefied natural gas plant operated by Sakhalin Energy at Prigorodnoye on the Pacific island of Sakhalin, Russia July 15, 2021. Picture taken July 15, 2021. REUTERS/Vladimir Soldatkin Register now for FREE unlimited access to Reuters.com Register June 30 (Reuters) – Russia will create a firm which will take over all …

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Column: Global business cycle starts to turn down: Kemp

An aerial view shows containers and cargo vessels at the Qingdao port in Shandong province, China May 9, 2022. China Daily via REUTERS Register now for FREE unlimited access to Reuters.com Register LONDON, June 30 (Reuters) – Global manufacturing activity and freight movements have begun to decelerate as the major shipping buckle under the combined …

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