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explain the term company fuel
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Company fuel ➡️ A company car fuel benefit is a tax that's charged to you for using the fuel that's paid for by your employer, which is why HMRC regards it as free fuel. It will, therefore, still cost you to receive the fuel as this tax still need to bepaid.
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In petroleum industry... petroleum companies are divided into 3 streams... upstream, midstream, downstream. Upstream deals with crude oil. Midstream refers to the storage and transport of crude oil and other more refined products. Downstream refers to products for consumers such as gasoline.
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