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Posts under ‘India’

Royal Dutch Shell Saves $2.5 billion In Transfer-Pricing Case

Bidness Etc discusses the ruling by an Indian court in a transfer-pricing case against Shell and its impact on future foreign investment in the country Published: November 19, 2014 at 12:26 pm EST By: Micheal Kaufman The Bombay High Court has ruled in favor of Royal Dutch Shell plc (NYSE:RDS.A) in a high-tax profile case, […]

Shell wins $3bn tax battle in Bombay High Court

The Financial Times is reporting: “Royal Dutch Shell has won a significant victory in its long-running $3bn battle with India’s revenue authorities, in a judgment with implications for dozens of tax disputes involving multinational companies in Asia’s third-largest economy.” The Narendra Modi government may appeal the decision to the supreme court of India. Also Reuters […]

Shell in talks to buy stake in southern India LNG project

Extract from a Reuters article published 26 May 2014 May 26 (Reuters) – Global energy major Royal Dutch Shell is in talks with the Andhra Pradesh state government for buying up to 24 percent stake in the planned Kakinada liquefied natural gas project on the east coast, GAIL chairman B.C Tripathi said on Monday. FULL […]

Seething review of Mark Moody-Stuart book: Responsible Leadership

Extracts from a review by Danny Chivers of the recently published book by retired Royal Dutch Shell Group Chairman Sir Mark Moody-Stuart: “RESPONSIBLE LEADERSHIP: Lessons from the Front Line of Sustainability and Ethics” Article originally published under the headline: “If this is responsible leadership, then I’m an Ogoni” Reading this book was a strange experience. […]

Mike Watts, who found oil in Thar desert, to quit Cairn Energy

Extract from an article published 10 April 2014 by ZeeNews.India.com New Delhi: Dr Mike Watts, the man credited with discovering India’s largest onland oil field in Rajasthan, will step down from the board of Cairn Energy plc in mid-May.  He saw oil in the Thar desert when Royal Dutch Shell could not and bought out […]

Brazil’s Petrobras Completes $1.6 Billion Oil-Field Sale

December 30, 2013 RIO DE JANEIRO–Brazilian state-run energy giant Petroleo Brasileiro SA, or Petrobras, said late Monday that it had completed the sale of a 35% stake in an offshore oil field to partners Royal Dutch Shell PLC and India’s ONGC Videsh. With completion of the deal, Shell raises its stake to 73%… FULL ARTICLE […]

Wake-up call to Shell India from a disgruntled retailer

This is to get it to your notice what’s happening in Shell India. One of the worst management I have seen. Shell please wake-up and do save our retailer community in India. Some one please do exit-interviews of the retailers who have left and do justice to people who serve you. In India bribes are […]

Shell chief Peter Voser warns of oil crunch without investment

Some analysts have questioned whether a change in management at Shell, with Ben van Beurden due to take over in three months, could see a change in strategy to focus the company on greater returns. JP Morgan asked in a recent investor note: “Does he want to run a lowly-rated, large company or create a […]

Vodafone, Shell asked to file replies in tax case by 10 October

Both firms have challenged tax demands through writ petitions in high court in an alleged transfer pricing case: Shell India is fighting a tax order accusing it of underpricing an intra-group share transfer by Rs.15,000 crore and consequently evading taxes. Mumbai: The Bombay high court on Monday asked the Indian units of Vodafone Group Plc […]

China Fracking Quake-Prone Province Shows Zeal for Gas

By Benjamin Haas – Aug 1, 2013 12:01 AM GMT+0100 China won’t let earthquakes hinder its quest for energy. Companies such as Royal Dutch Shell Plc (RDSA) and China National Petroleum Corp. are starting to drill for gas and oil in shale rock in Sichuan, the nation’s most seismically active province, a process geologists say […]

Shell proposes LNG project in AP, seeks Govt support

Hyderabad, June 13:   A high powered team from Shell and Richard Hyde, British Deputy High Commissioner, Hyderabad on Thursday called on State Infrastructure Minister to discuss their plans to set up a LNG project in Andhra Pradesh. The delegation including Roger Bounds, Shell Vice President Global LNG and Sander Stegenga, Shell Chief Executive Officer, Andhra […]