Indian ONGC to buy Imperial Energy for $2.58 billion
(Bloomberg) - Oil & Natural Gas Corp., India’s biggest exploration company, agreed to buy Imperial Energy Plc for 1.4 billion pounds ($2.58 billion) to tap Siberian deposits and make up for dwindling output at home.
Agreed offer for Imperial may spark bidding war (Telegraph)
KazMunaiGas loan to be signed this week
(SRI) - The RBS/ABN Amro and Credit Suisse-lead syndicated loan for KazMunaiGas, the Kazakh national oil company, is expected to be signed this Thursday.
Russia’s power play could shift oil flows (TheStreet.com)
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