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Project News Details
| Title |
Indian Oil Corporation probes allegation of US firm bribing its officers |
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|---|---|---|---|---|
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| Detail |
Indian Oil Corporation (IOC) is investigating allegations that US firm Albemarle Corporation bribed its officials between 2009 and 2011 to secure catalyst supply contracts. Albemarle reportedly paid $1.14 million in commissions and earned $11.14 million in profits. While IOC denies involvement, it has launched an internal review.
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| Country | ||||
| Source | ET Energy World | |||
| Regions | Asia SAARC Countries South Asia | |||
| Sectors | Non-Renewable Energy Oil and Gas Printing and Publishing Construction Computer Hardwares and Consumables | |||
| Published Date | 22.12.2024 | |||
| Original Url | Original Url | |||
| Share | ||||
India
| Title |
|---|
|
Indian Oil Corporation probes allegation of US firm bribing its officers
|
| Detail |
| Indian Oil Corporation (IOC) is investigating allegations that US firm Albemarle Corporation bribed its officials between 2009 and 2011 to secure catalyst supply contracts. Albemarle reportedly paid $1.14 million in commissions and earned $11.14 million in profits. While IOC denies involvement, it has launched an internal review. |
| Country |
|
India
|
| Source |
| ET Energy World |
| Regions |
| Asia SAARC Countries South Asia |
| Sectors |
| Non-Renewable Energy Oil and Gas Printing and Publishing Construction Computer Hardwares and Consumables |
| Published Date |
| 22.12.2024 |
| Original Url |
| Share |
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