ONGC Videsh's operations in Russia may have to pay for Sistema's Indian woesSistema and ONGC signed a strategic partnership agreement when former oil minister Murli Deora visited Moscow in December 2009.
- ONGC, Sistema may soon merge assets in Russia
Last December, energy majors of two countries had announced a mega-merger of three companies - Bashneft, RussNeft and Imperial Energy.
- ONGC, Sistema to merge Russian oil & gas assets
ONGC and Sistema have decided to merge their oil & gas biz in Russia in a no-cash deal where ONGC will have a 25% shareholding with a say i...
- OVL to swap stakes in Russian energy firms
Bashneft produces 13 million tons of oil from fields in Russia and also owns refineries with a combined capacity of 20 million tons.
- ONGC dials Sistema for Russian oil assets
The seeds of a partnership that was sown in 2007 by Valdimir Putin as president of Russia came to fruition on Tuesday.
- Moscow court targets Russneft oil tycoon over tax claim
A Moscow court issued an arrest warrant on Tuesday for the former chief executive of Russian oil group Russneft, who is accused of tax evas...
- Russian tycoon in race for Russneft
Russian aluminium tycoon Oleg Deripaska’s company said on Monday it is seeking regulatory approval to buy private oil group Russneft, whose...