The Indian government plans to subsidize state-run oil companies with Rs 30,000-35,000 crore due to the losses from selling ...

Senate GOP seeks to reward oil drillers amid deep cuts to wind and solar The Senate version of the Republican tax bill carves out new and expanded subsidies for fossil fuel companies.

Indian govt likely to provide ₹30,000-35,000 crore subsidy to oil companies (IOC, BPCL, HPCL) to compensate for LPG losses incurred over 15 months. Finance ministry is finalizing the compensation ...

President Bola Tinubu says his administration is charting a path toward a resilient, self-sustaining economy less reliant on ...

Electric-powered heavy trucks are rapidly gaining market share in China, driven by subsidies and the quick rollout of ...

Reducing fossil fuel subsidies in Germany could help it achieve around a third of its climate targets without relying on ...

A message claiming Indian Oil is offering a ₹6,000 fuel subsidy has gone viral online. PIB confirmed it is fake and urged citizens to verify information through official channels and avoid sharing ...

Former Chairman of the Economic and Financial Crimes Commission, AbdulRasheed Bawa, has described Nigeria’s now-defunct fuel ...

Following the tentative ceasefire between Israel and Iran, President Ferdinand Marcos Jr. has announced a pause in the fuel subsidy program intended for public utility vehicle (PUV) drivers.

Per the Sublime China Information figures, 76,100 new energy trucks were sold in the country between January and June, with ...

EFCC declares Fargo Petroleum boss, Seun Ogunbambo, wanted for a N976bn oil subsidy fraud. He jumped bail after co-defendants received 14-year sentences. Help the EFCC find him.

Exxon Mobil, Occidental Petroleum and other oil giants are expected to receive billions of dollars of incentives to collect ...