Auto Industry
Reuters
Sep 30, 2022, 10:58 AM
Colombia's government agreed to modify a tax reform proposal under debate in congress and continue to allow oil and mining companies to deduct royalty payments from their taxes in the wake of a wave of industry criticism.
1 Min
Reuters | Sep 30, 2022India ONGC Gets Better Price For Oil Under New Rules -ReportIndia's Oil and Natural Gas Corp has for the first time sold oil through a three-month local tender, commanding $5-$8 per barrel more than existing rates under new rules that allow producers marketing freedom, industry sources said.2 mins read
Reuters | Sep 30, 2022Nigerian Oil Workers Threaten To Strike If Govt Doesn't Stem TheftMembers of a Nigerian oil workers' union are threatening to go on strike if the government does not do more to stem widespread oil theft they say is putting their safety at risk and has cut exports by hundreds of thousands of barrels.1 min read
Reuters | Sep 30, 2022INDIA RUPEE- Hits More Than 1-Week High On Weaker Dollar, Oil PricesThe Indian rupee hit a more than one-week high against the U.S. currency, as the dollar index fell further from a two-decade high scaled earlier this week.1 min read- Reuters | Sep 30, 2022Ecuador Inks Temporary Oil Moratorium Deal With Indigenous GroupsThe government of Ecuador and indigenous leaders signed a deal to declare a temporary development moratorium on 15 oil blocks and suspend new mining contracts until a law about prior community consultations is in place.2 mins read
Reuters | Sep 30, 2022Russia-Backed Indian Refiner Nayara Names Panicker As ChairmanIndia's second-biggest private refiner Nayara Energy, part-owned by Russian oil major Rosneft, has appointed Prasad K. Panicker as chairman, replacing Tony Fountain, the company said in a statement.1 min read
Reuters | Sep 30, 2022Iran Controls Fire At Southern Oilfield After Apparent SabotageIran brought under control a fire at its Shadegan oilfield which was caused by an apparent act of sabotage, a local oil company official told state television.1 min read- Reuters | Sep 30, 2022India, Russia To Discuss Energy Security As Oil, Coal Trade SoarsIndia and other members of the Shanghai Cooperation Organisation (SCO) will discuss energy security at the regional security bloc's meeting in Uzbekistan, India's foreign secretary Vinay Kwatra said.2 mins read
- Reuters | Sep 30, 2022Oil Prices Slide 1% After U.S. Fed Raises Interest RatesOil prices fell about 1% to a near two-week low in volatile trade after the U.S. Federal Reserve delivered another hefty rate hike to quell inflation that could reduce economic activity and demand for oil.2 mins read
