ONGC, GAIL said to plan Bid to acquire Part of Exxon’s Stake in Kashagan

08.06.2011
    By Rakteem Katakey     Oil & Natural Gas Corp., India’s biggest energy explorer, and GAIL India Ltd. (GAIL) are in talks to buy part of Exxon Mobil Corp’s stake in Kazakhstan’s Kashagan field, two people with direct knowledge of the matter said.     The state-owned companies have made a non-binding offer and will evaluate...