An English commercial court has dismissed the government’s appeal against a $111 million international arbitration award in favour of Reliance Industries Ltd and BG (formerly British Gas, a now Shell subsidiary) in an 11-year-old dispute over recovery of costs for operating the Panna-Mukta and Tapti fields off the Mumbai coast.
source https://timesofindia.indiatimes.com/business/india-business/govt-loses-uk-battle-against-111-million-award-to-ril-bg-in-11-year-oilfield-dispute/articleshow/92166148.cms
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