Keyword: oil industry India

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Shell India to Challenge Tax Claim on Share Funding

04.02.2013 - Anglo-Dutch oil major Royal Dutch Shell's Indian unit will challenge a claim by the local tax authorities that a share sale to its overseas parent in 2009 was undervalued by $2.7...

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ConocoPhillips to Sell Kazakh Stake for $5 Billion to ONGC

26.11.2012 - ConocoPhillips is to sell its 8.4% stake in Kazakh oil field Kashagan for about $5 billion to Oil and Natural Gas Corp, a state-run Indian group looking to boost production...

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India's BPCL to Spend More than $3 Billion on Expansion of Refineries

11.10.2012 - India's second largest refiner, Bharat Petroleum (BPCL), will complete expansion projects costing more than $3 billion at two refineries by 2015, as it moves to boost output and...