Shell fights Indian penalty of USD 3 billion
Indian authorities demand that parties including oil major Shell must pay back USD billions in oil taxes. But the British company refuses.
Shell and two other oil companies, Indian oil firms Reliance and ONGC, are to pay a fine of USD 3 billion (EUR 2.6 billion), according to India's government, which has issued the penalty in relation to the oil field Penna Mikta Tapti outside of Mumbai.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Shell leaves Ireland after large-scale divestment
For subscribers
EU approves Shell's major North Sea sale
For subscribers
Iran, Total expect to sign biggest gas-field deal in weeks
For subscribers
