ConocoPhillips to sell Kashagan stake

    Oil and Gas Minister Sauat Mynbayev has announced ConocoPhillips (COP) plans to divest its interest in Kashagan in the North Caspian Sea. It is approximately 50 miles (80 kilometers) southeast of Kazakhstan. It is regarded as the largest in the world found in the past 40 years.     The Kazakh state-run oil...