Oil & gas
Sanctions to hurt ExxonMobil's exploration prospects in Russia
06 Mar 2014
Exxon had drilling rights across 11.4 million acres of Russian land, its biggest exploration holding outside the US
India to pay $1.5 billion of oil dues to Iran in next two months
26 Feb 2014
India's payments will now be made in eight installments on a schedule that started with a $550 million payment by Japan on 1 February
Argentina to compensate Repsol $5 bn over 2012 asset seizures
26 Feb 2014
Spanish oil giant Repsol yesterday said that its board has agreed to accept the $5-billion compensation from the Argentinean government over the seizure of the company's operations by the Christina Kirchner government
Minority shareholders reject Ruias’ $1.5-bn Essar Energy buy-out offer
24 Feb 2014
Minority shareholders in Essar Energy have rejected a $1.5 billion (£900 million) bid by majority shareholder Ruias to acquire 22- per cent shares of the company saying the offer undervalued the group
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