Sunday, 25 August 2013

India's ONGC to pick up stake in African gas field



India's biggest oil explorer, Oil and Natural Gas Corporation (ONGC), has agreed a deal to buy a 10% stake in an offshore gas field in Mozambique. It will pay Anadarko Petroleum, a US firm, $2.6bn (£1.7bn) for the stake. via Pocket http://www.bbc.co.uk/news/business-23839052#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa

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