Tag archives for Oil and Gas
Rosneft, along with Russian private fund United Capital Partners (UCP) and Swiss commodity trading firm Trafigura, are buying 98 per cent in Essar Oil.
Odisha withdrew the incentive this year and sought to recover value-added tax (VAT) from Indian Oil, which obtained a stay from the Cuttack High Court.
Indian Oil Corp (IOC) and the state government agreed to the revised terms at the meeting called at the behest of Pradhan.
Indian officials say that even after factoring in the distance, US oil is working out to be cheaper than Middle East oil.
After introducing a couple of months back in Coimbatore, IOC has given the jumbo pack ‘Mini-Bulk,’ to a few buyers at Kolkata metro area as test cases.
Consignments of American crude oil left the US shores between August 6-14 and is likely to reach Paradip (Odisha) in the last week of September.
IOC’s stake in the Mundra terminal will be a mix of fresh equity as well as the partial stake of GSPC, which is looking to sell its stake, said IOC's…
Cairn in its plea has challenged the Income Tax Appellate Tribunal's March 9 order by which the UK-based company was held liable to pay Rs 10,247 crore as capital gains…
"Petronas has expressed interest in taking a stake," IOC Chairman Sanjiv Singh told. "Nothing has been finalised so far. It's at a preliminary stage as of now."