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India

Oil report Headlines

Oil workers sue Shell over Gulf of Mexico platform fire

Three offshore oil workers filed a lawsuit against units of Royal Dutch Shell and Enbridge, seeking $1 million in damages for injuries they allegedly received during a Nov. 8 fire on a U.S. Gulf of Mexico production platform.

FACTBOX-What's in the final U.S. Republican tax bill

The U.S. Congress is expected to vote this week on sweeping, debt-financed tax legislation. Here are key parts of the bill. BUSINESS CORPORATE TAX RATE: Cuts corporate income tax rate to 21 percent from 35 percent, beginning Jan. 1, 2018. PASS-THROUGHS: Creates a 20 percent deduction for the first $315,000 of qualified business income for joint filers of pass-through businesses such as partnerships and sole proprietorships. For income above that