Joe Biden has considered introducing a federal gas tax holiday to help citizens save money on fuel. It may help every American save 18.4 ce...

As more areas and opportunities are presented for investment in oil & gas sector, hopes remain high from the newly elected government to ad...

Indian oil and gas sector is projected to touch US $ 139,814.7 million by 2015 from US $ 117,562.9 million in 2012

According to FICCI, it should be explicitly provided that the term 'Mineral Oil' will include Natural Gas, including CBM.

The petroleum industry is looking for a re-introduction of the tax holiday for refinery projects in the Union Budget 2013.

Given the risk involved and diminishing global interest in Indian oil & gas acreage, the industry is looking forward to fiscal incentives i...

Government should give adequate fiscal incentives. These incentives will attract more companies to invest in the Indian oil & gas sector.

Finmin rejects Oilmin’s proposal to extend 7-year holiday in coming bidding.

Oilmin not to go ahead with Nelp IX till issue settled.

The sector is eagerly looking forward to immense impetus for increasing investment levels.

This has come as a surprise to interested bidders as blocks containing oil and gas and coal bed methane are offered for simultaneous biddin...

We clearly need to rationalise both direct and indirect taxes in petroleum.

The forthcoming Budget may classify mineral oil as hydrocarbons, thus extending a seven-year tax holiday given to crude oil explorers to pr...

The government will very soon bring out a clear and transparent policy on the issue of granting tax holiday to oil explorers on the product...

In a bid to save NELP-VII, the Petroleum Ministry is mulling knocking at the Cabinet doors to get tax holidays restored for natural gas pro...

Gas producing companies may lose their income tax holiday. This would have major implications for companies like Reliance Industries (RIL) ...

Section 80-IB(9) of the Act presently provides a tax holiday for seven years to undertakings engaged in commercial production or refining o...