Oil giant Saudi Aramco has profits of $161 billion in 2022

[ad_1] Storage tanks are seen at the North Jiddah bulk plant, an Aramco oil facility, in Jiddah, Saudi Arabia, on March 21, 2021. Oil giant Saudi Aramco said Sunday, March 12, 2023, it earned a $161 billion profit last year, attributing its earnings to higher crude oil prices. | Photo Credit: AP Oil giant Saudi […]

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Explained | What is windfall tax and why are countries imposing it on the energy sector right now?

[ad_1] Big energy companies clocked huge profits in the first half of this year, making record windfall gains which governments have tried to rein in   Big energy companies clocked huge profits in the first half of this year, making record windfall gains which governments have tried to rein in   The story so far: Finance Minister […]

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Data | LPG price crosses Rs 1,050, cylinder refills decline among PMUY consumers

[ad_1] The price surge in LPG cylinders has pushed consumers to lower the number of LPG refills with 5% of the PMUY beneficiaries refilling just once per year in FY22 The price surge in LPG cylinders has pushed consumers to lower the number of LPG refills with 5% of the PMUY beneficiaries refilling just once […]

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