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Oil India, ONGC’s $600 Million Payments Stuck In Russia

2023 • 6min • News • Business

Informative

Published On: September 15, 2023 - Nearly $600 million of dividend income of ONGC, Oil India, Indian Oil Corporation and BPCL are stuck in Russia with companies exploring the possibility of using this to buy oil from that country. As the money cannot be brought to India due to the curbs imposed on Russian Banks, Oil companies are exploring legal and civil options. Join News9’s Shweta Kothari and Krishnakumar as they bring you the latest on oil companies