Imperial Energy

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India inks pact expressing interest for stake in Far East Russian oilfields; deal aims at raising crude imports to fill supply gap
Business

India inks pact expressing interest for stake in Far East Russian oilfields; deal aims at raising crude imports to fill supply gap

During the talks, the two sides reviewed existing stake of Indian firms in Russian oilfields such as Sakhalin-1, Taas-Yuryakh and Vankor fields.

Russia rejects tax sops to ONGC subsidiary
Business

Russia rejects tax sops to ONGC subsidiary

Ahead of Russian President Vladimir Putin's New Delhi visit, Kremlin has rejected special tax concessions to state-owned Oil & Natural Gas Corp's (ONGC) Siberia-focused firm Imperial Energy.