Oil & gas
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
Shell to sell Australian downstream businesses to Swiss-based oil trader Vitol for $2.6 bn
21 Feb 2014
Shell has recently sold its refineries in the UK, Germany, France, Norway and the Czech Republic, downstream businesses in Egypt, Spain, Greece, Finland and Sweden to focus on upstream exploration and production
