Articles Tagged "royalty"

Benchmark: Things fall apart?

Along with OPEC production cuts and healthy company numbers, (both discussed below) the market is clearly disjointed. The tenor of discussions in the business pages and networks lately suggests that Yeats was right, and the centre cannot hold. Recession or recovery, echo boom or bust, few are predicting prolonged instability somewhere between these extremes.

Indian oil Firms need more clarity on 20% royalty

Oil firms in India, who will face a “super profits” tax on output when their selling price for crude oil touches $75 per barrel, if recommendations of B K Chatruvedi committee are accepted, say that they need more clarity on this issue. For more information, click here