Indian Oil Studies Renewed Venezuelan Crude Purchases

Indian Oil Studies Renewed Venezuelan Crude Purchases

Indian Oil Corp. Ltd (IOC) is considering buying Venezuelan crude for the first time in at least six years, in a move that could help the crisis-struck South American nation settle unpaid bills with another state-owned Indian energy firm.

India Not To Sell Cairn Energy Shares To Recover Tax

India Not To Sell Cairn Energy Shares To Recover Tax

The income tax department will not sell the attached shares of Cairn Energy to recover a Rs10,247 crore retrospective tax demand as it fears that replenishing them in case of an international arbitration going against it will be difficult, a senior official said.

Thermal Power Plants May Dodge New Emission Norms: Report

Thermal Power Plants May Dodge New Emission Norms: Report

India’s coal-based power sector may seek to avoid compliance with the strict emission norms that are due to take effect next month, according to a new analysis by the Centre for Science and Environment (CSE), a New Delhi-based think tank.

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