Govt to join Cairn tax arbitration, to appoint arbitrator soon
The government has decided to join the arbitration initiated by British oil explorer Cairn Energy plc over a Rs 10,247 crore tax demand and will soon appoint its arbitrator.
Sep 30, 2015, 15:43 PM IST
India eyes listing of ONGC's overseas investment arm: Source
The government wants to list ONGC Videsh, the overseas arm of top oil explorer Oil and Natural Gas Corp , a company executive said.
May 28, 2015, 17:57 PM IST
Oil India commissions 54 MW wind energy project
The project cost Rs 439 crore -- Rs 126.5 crore for the Gujarat side and Rs 312.45 crore for the Madhya Pradesh location.
Apr 17, 2015, 13:09 PM IST
Cairn files notice against India in $1.6 billion tax dispute
The dispute notice was filed under the terms of a UK-India Investment Treaty, meaning the Indian government and Cairn will start negotiations to find a resolution to the dispute, Cairn said.
Mar 11, 2015, 16:17 PM IST
Cairn reduces yearly losses, plans more Senegal wells
Cairn has been unable to sell the 10 percent share it holds in Cairn India, worth around $703 million at the end of the year.
Mar 10, 2015, 13:09 PM IST
Cairn makes second oil discovery offshore Senegal
The oil explorer is the operator and owns a 40 percent stake in three blocks off the coast of Senegal.
Nov 10, 2014, 13:11 PM IST
Cairn Energy says narrows losses, seeks India tax deal
In late 2011, Cairn agreed to sell a controlling stake in CIL to India-focused Vedanta Resources for $6.5 billion.
Aug 19, 2014, 12:22 PM IST
