Describing the latest payment mechanism as a stopgap matter, the senior Indian official said a delegation of Indian officials will be visiting Tehran in mid-January to discuss a longer-term oil-payment mechanism.
In just the last few weeks, more than 1, 000 people have protested at ExxonMobil and Russia Lukoil's super-giant West Qurna oil field, demanding jobs and payment for private land that has been lost or damaged by oil operations.
Management at Belfast shipyard Harland and Wolff say the firm's future may be in jeopardy unless a row over payment for an oil rig is resolved.
BBC: News | Northern Ireland | New row threatens shipyard's future
With the U.S.-dollar financing system out of bounds for Iranian companies, India and Iran have begun a barter system in which Tehran accepts Indian rupees in payment for crude oil.
We guess this squeaky wheel received its oil in the form of a giant cash payment.
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For years, she heard Indians complain of not getting payment from the government for the oil-drilling and ranching leases on their land.
If this timetable is respected, Sudan's economy should benefit from billions of dollars coming from oil transit fees, and from a compensatory payment for allowing the South to secede, he says.
Mr Dumas is suspected of having benefited from an illegal multi-million dollar payment to a former lover by the oil company, Elf Aquitaine.
These are essentially presale of the physical commodity for an upfront cash payment and a guarantee to deliver the oil or gas at future dates.
His family was literally dirt poor, sharecropping corn, wine, olive oil and sheep for a landlord who extracted 50% in payment.
His data indicated, for instance, that people who bought cheap, generic automotive oil were much more likely to miss a credit-card payment than someone who got the expensive, name-brand stuff.
In the case of the oil company, for instance, the cost of land corresponds to the premium (or down-payment) on a call option, and the extra investment needed to start production to its strike price (at which the option is exercised).
The price of YPF bonds briefly rose with the announcement of the oil firm's nationalisation in April by Argentina's government, because of a clause demanding advanced payment in the case of an expropriation, before falling back as investors worried Argentina wouldn't much care.
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