ICC Conference Focuses on Platform to Settle Disputes
The 5th ICC International Commercial Mediation Conference has brought together leading mediators, arbitrators, corporate managers and in-house counsel from around the world to focus on how companies can improve their chances of settling commercial disputes through direct negotiation, mediation and sound dispute resolution planning. Entitled “Plan to Succeed”, the lively event was designed by an international board of experts in using mediation to end complex commercial disputes with contractors, governments or clients, saving time for all involved. “The real added value of commercial mediation is that it helps businesses reach early and less expensive settlements of disputes in circumstances where direct negotiations have failed…
Hindujas to Buy LNG from ONGC
Oil & Natural Gas Corporation Ltd (ONGC) and Hinduja Group signed a Memoranda of Understanding to form Joint Ventures to pursue global opportunities in Liquefied Natural Gas (LNG) and linked E&P business. The collaboration will leverage the E&P expertise of ONGC and the business-relationship advantage of the Hinduja Group in the hydrocarbon-rich Middle East, with business prospectivity benefits to both entities. The Memorandum of Understanding (MoU) between the company and Ashok Leyland Project Services (ALPS) provides for sourcing of Liquefied Natural Gas (LNG) at competitive terms, to be facilitated by ALPS. Pursuant to such sourcing…
