The No Oil Producing and Exporting Cartels (NOPEC) bill, which passed a Senate committee is intended to protect U.S. consumers and businesses from engineered oil spikes. OPEC+, which groups the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, on Wednesday agreed to steep production cuts, curbing supply in an already tight market. … Continue reading NOPEC Bill
Indian Ports Bill 2022
What is the Draft Indian Ports Bill, 2022?The Bill seeks to repeal and replace the existing Indian Ports Act 1908, which is more than 110 years old, becoming imperative that the Act is revamped to reflect the present-day frameworks. Key Provisions of the Bill It empowers and establishes State Maritime Boards for effective administration, control … Continue reading Indian Ports Bill 2022
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