ONGC Videsh acquires British oil company Another big ticket acquisition of a British company by India's own ONGC!!
"LONDON: India's biggest oil producer, ONGC, said it ...
Another big ticket acquisition of a British company by India's own ONGC!!
"LONDON: India's biggest oil producer, ONGC, said it had agreed a 1.4 bn pounds ($2.6 bn) takeover of Russia-focused Imperial Energy on Tuesday in a bid to secure supplies for India's booming economy.
State-owned ONGC beat China's Sinopec to snatch the British-based oil explorer."