Oil: GK, Current Affairs, Questions, Trivia and News

Vietnam

Vietnam, also known as the Socialist Republic of Vietnam, is the easternmost country located on the Indochina Peninsula. Geography It shares its land borders with China to the north and the countries of Laos and Cambodia are located to its west. It also shares some sea borders with Thailand in the Gulf of Thailand and ..

Hydrocarbon Exploration in India

The Indian government, through the Ministry of Petroleum and Natural gas (MoPNG), routinely carries out the allocation of blocks (areas) for the exploration of oil and natural gas in the country. This is usually carried out by the bidding system and various national and international companies Exploration & production (E&P) companies participate in it. The ..

India cuts import tax on crude palm oil sourced from ASEAN nations from 44% to 40%

India has slashed import taxes on crude and refined palm oil sourced from Southeast Asian (ASEAN) countries after a request from suppliers. According to the official notification, the duty on crude palm oil was lowered to 40% from 44%, while the tax on refined palm oil was cut to 45% from 54% if imported from ..