Kuala Lumpur Oil and Natural Gas Corp (ONGC), India’s biggest government-owned energy explorer, is considering bidding for part of ConocoPhillips Canadian oil sands holdings worth around $5 billion, a source with direct knowledge of the situation told Reuters on Tuesday.
The Houston-based company has been looking to sell assets in a number of countries including Nigeria as part of a global restructuring. ConocoPhillips recently completed the spin-off of its refining activities into Phillips 66, a newly created independent US company.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/ongc-may-bid-5-bn-conoco-oil-sands-assets
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-express-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/malaysia
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil-and-natural-gas-corporation-ongc
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/nigeria
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/oil-india
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/hindustan-petroleum-corporation-hpcl
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/barmer-d
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/mumbai
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/andhra-pradesh
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
