ONGC faces roadblock in Imperial buy
(Economic Times) - State-run explorer ONGC’s move to acquire UK-based oil firm Imperial Energy for about $2.8 billion may hit a road block as it has already exhausted its investment limit.
Explosion in Georgia damages cisterns with Kazakh oil
(TREND) - Due to an explosion, which occurred on Sunday near Gori, 14 cisterns with oil, transported through Georgia from Kazakhstan to the port of Batumi, were damaged.
Korean oil firm has no Imperial designs
(Forbes) - Sources with Korea National Oil Corp. said the state-run oil company had never expressed interest in buying FSU-focused Imperial Energy.
Transmeridian Exploration extends consent payment deadline and expiration time for 12% senior secured notes due 2010 (FOX Business)
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