India: ONGC’s $2.4 billion Mozambique deal under Oil Min scanner

The Oil ministry has reportedly sought several details from ONGC regarding its purchase of Videocon Group’s 10 percent stake in a Mozambique gas field after allegations that ONGC may have overpaid about $200 million. Copper prices hit 18-month high as workers at Escondida mine in Chile strike The state-run oil and gas giant had in … Continue reading India: ONGC’s $2.4 billion Mozambique deal under Oil Min scanner