Search results
Results from the WOW.Com Content Network
On 24 April 2008, Pakistan, India and Afghanistan signed a framework agreement to buy natural gas from Turkmenistan. [17] The intergovernmental agreement on the pipeline was signed on 11 December 2010 in Ashgabat. [18] However, in April 2012, India and Afghanistan have failed to agree on transit fee for gas passing through Afghan territory.
Pakistan: Oil & Gas Regulatory Authority (OGRA) is the primary Oil & Gas Regulator Established under the OGRA Ordinance, 2002 for regulating the midstream and downstream Oil & Gas Sector in the country for regulated activities pertaining to issuance of Licences, Revenue Requirements and Tariff Determination for Oil & Gas molecules sold by the ...
A fuel tax (also known as a petrol, gasoline or gas tax, or as a fuel duty) is an excise tax imposed on the sale of fuel. In most countries the fuel tax is imposed on fuels which are intended for transportation. Fuel tax receipts are often dedicated or hypothecated to transportation projects, in which case the fuel tax can be considered a user ...
Although petroleum, oil and gas, and hydrocarbons are not technically mineral resources, the term mineral rights is used to denote rights to exploit oil and gas resources from the underground. Onshore, in United States , the landowner possesses exclusive rights for mineral rights, elsewhere generally the state does. [ 1 ]
Indian Oil Corporation Limited (IOCL or IOC), trading as IndianOil, is an Indian multinational [3] [4] oil and gas company under the ownership of Government of India and administrative control of the Ministry of Petroleum and Natural Gas.
Under the new policy, oil and gas companies will pay higher bonding rates to cover the cost of plugging abandoned oil and gas wells as well as increased lease rents, minimum auction bids and ...
The oil and gas industry operates in countries throughout the world in accordance with a number of different types of agreements. These agreements generally fall into one of four categories (or a combination of the categories): risk agreements, concessions, production sharing agreements (PSAs, also known as production sharing contracts, PSCs) and service contracts.
Chennai Petroleum Corporation Limited (CPCL), formerly known as Madras Refineries Limited (MRL), is a subsidiary of Indian Oil Corporation Limited which is under the ownership of Ministry of Petroleum and Natural Gas of the Government of India. It is headquartered in Chennai, India.