ONGC takes over Imperial Energy

Oil and Natural Gas Corp (ONGC) has taken control of Imperial Energy Plc for 1.3 billion pound ($1.9 billion) after an overwhelming 96.8 per cent of London-listed firm's total shareholders accepted......

Deora to meet Putin to secure energy assets

Petroleum Minister Murli Deora will meet Russian Prime Minister Vladimir Putin in Moscow on Wednesday in an effort to secure energy assets, including UK-listed Imperial Energy Plc. "The Minister......

Ranbir Singh Butola new IOC chairman

Ending weeks of uncertainty, Oil Minister S Jaipal Reddy has cleared the appointment of ONGC Videsh Ltd managing director Ranbir Singh Butola as the chairman of Indian Oil Corporation.Sources said......

IOC, Oil India keen to buy out Gulfsands Petroleum

State-owned Indian Oil Corp and Oil India Ltd on Tuesday confirmed making an 'approach' to take over the Middle-East focussed oil firm Gulfsands Petroleum Plc for an undisclosed cash amount. "OIL......