Home › Cairn Energy starts $600m action against Indian government as tax...
 

Keywords :   


Cairn Energy starts $600m action against Indian government as tax...

2016-01-20 05:13:56| Oil & Gas - Topix.net

CAIRN Energy has said it wants $600 million damages from the Indian Government as a tax dispute drags on amid the crude price plunge while highlighting the progress it has made off Scotland and West Africa. The Edinburgh-based firm has started formal proceedings to get compensation for the sharp fall in the value of its remaining holding in the Cairn India business since the country's government launched a $1.6bn tax claim against it two years ago.

Tags: action government energy tax

Category:Energy and Environment

Latest from this category

All news
01.11Heritage Environmental Services Secures Commercial Permit Status for Orange, TX Incinerator
01.11Gimme Seaweed Partners with rePurpose Global to Combat Plastic Pollution
01.11Video Catches the Moment a Missouri Battery Recycling Plant Explodes
01.11University of Akron Receives $2M Grant from US DOE for EV Battery Recycling
31.10This Week in Waste: Top Stories Oct 28 Oct 31
31.10Casella Waste Sees Double-Digit Revenue Growth, Provides Update on Acquisition Activity
31.10Pride Disposal & Recycling Company Orders Two McNeilus EV Collection Vehicles
31.10Cal/OSHA Translation App Assists in Communications with Remote Workers
Energy and Environment »
02.11Subtropical Storm Patty Update Statement
02.11Summary for Subtropical Storm Patty (AT2/AL172024)
02.11Atlantic Tropical Weather Outlook
02.11Eastern North Pacific Tropical Weather Outlook
02.11Weekly Recap: Nippon Paint, AkzoNobel, PPG Top This Weeks Stories
02.11Subtropical Storm Patty Graphics
02.11Subtropical Storm Patty Forecast Discussion Number 1
02.11Subtropical Storm Patty Wind Speed Probabilities Number 1
More »