{"id":377021,"date":"2020-10-06T09:24:11","date_gmt":"2020-10-06T03:54:11","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=377021"},"modified":"2020-10-06T11:19:51","modified_gmt":"2020-10-06T05:49:51","slug":"dividend-payouts-leave-little-cash-with-nocs-for-low-carbon-alternatives-moodys","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/dividend-payouts-leave-little-cash-with-nocs-for-low-carbon-alternatives-moodys\/","title":{"rendered":"Dividend payouts leave little cash with NOCs for low carbon alternatives: Moody&#8217;s"},"content":{"rendered":"<p>The extraction of large shareholder payouts from national oil companies by the government leaves little cash surplus for them to meaningfully invest in low carbon alternatives, Moody&#8217;s Investors Service said on Monday.<\/p>\n<p>The government has mandated national oil companies such as Oil and Natural Gas Corp (ONGC) to pay a minimum 30 per cent of their net profit as dividends to shareholders. The government benefits out of such payout as it is the largest shareholder in these firms and also gets tax on such payouts.<\/p>\n<p>In a new report, Moody&#8217;s said energy transition poses varying degrees of credit risk to the world\u2019s largest national oil companies (NOCs).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The extraction of large shareholder payouts from national oil companies by the government leaves little cash surplus for them to meaningfully invest in low carbon alternatives, Moody&#8217;s Investors Service said on Monday. The government has mandated national oil companies such as Oil and Natural Gas Corp (ONGC) to pay a minimum 30 per cent of their net profit as dividends to shareholders. The government benefits out of such payout as it is the largest shareholder in these firms and also gets tax on such payouts. In a new report, Moody&#8217;s said energy transition poses varying degrees of credit risk to [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-377021","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/377021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=377021"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/377021\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=377021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=377021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=377021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}