Imperial Energy News

Companies

ONGC bets on Russian shale to save Imperial Energy acquisition

Imperial Energy will drill four wells in Russia's Bazhenov shale formation by July, seeking to find enough oil to start commercial production

5 min read7 Jan 2015
Politics

MEA seeks to help oil ministry secure India’s energy interests

Foreign minister Sushma Swaraj has asked the oil ministry for a list of nations where MEA can help

4 min read5 Jul 2014
Industry

Tough choices ahead for India’s energy security

A slowing economy, delayed land acquisition and fuel shortages have plagued the industry, which has dragged down the capital goods sector with it as orders for equipment dry up

4 min read4 Jul 2014
News

India pushes for international technological collaboration

Petroleum minister advocates greater energy ties with Russia

1 min read16 Jun 2014
Industry

OVL buy of Imperial’s Siberia deposits under audit scanner

OVL's acquisition has failed to meet projections because of falling oil output, prompting CAG to fault the purchase

3 min read27 Jan 2014
Companies

India offers stake in Imperial Energy

The offer is subject to Denver-based Liberty striking success in the Bazhenov shale formation in the region

2 min read15 Jan 2014
Industry

Only one concern remains in RIL’s KG gas field issue, says Moily

The concern relates to the petroleum ministry's plan to move a cabinet note seeking to bar RIL from charging a higher price

5 min read18 Oct 2013
Industry

Govt set to chart long-term energy security policy

Committee of secretaries headed by cabinet secretary Ajit Seth to meet on Wednesday to discuss initiative

3 min read17 Jul 2013
Industry

Russia rejects tax sops to ONGC-owned Imperial Energy

Moscow says it cannot extend any special treatment to Imperial Energy, say sources

1 min read23 Dec 2012
Market

ONGC: once bitten, twice not shy

The 2009 deal that didn’t turn out as well as expected hasn’t deterred the firm from taking another giant buy

2 min read28 Nov 2012
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