Oil & gas
US Supreme Court rejects BP's appeal on payments to businesses
10 Jun 2014
The US Supreme Court on Monday declined to block payments BP was required to make to businesses demanding compensation for the 2010 Gulf of Mexico oil spill
US puts Iran oil sanctions on hold for six months
05 Jun 2014
In a move that could have long-term ramifications for India’s energy sector, the US has “suspended” its sanctions on Iran oil for six months
CAG again comes down hard on RIL for overpricing K-G gas, cutting govt dues
29 May 2014
In a report released today, the CAG has criticised Reliance Industries Ltd for charging a rate exceeding the government-mandated price for its Krishna-Godavari gas
RIL wins SC ruling for London arbitration of Panna-Mukti row
28 May 2014
The SC, however, ruled that the foreign court should apply Indian arbitration laws and should also look at Indian public policy while deciding the issues

