KazMunaiGas opts to forgo purchase of ConocoPhillips stake in Kashagan

    KazMunaiGas National O&G Company doesn't mind purchasing of the ConocoPhillips' 8.4% stake in the giant Kashagan oilfield, KazTag reports, citing India's Financial Express.     “ONGC Videsh Ltd, which trumped a strong bid by arch-rival China National Petroleum Corp to bag a stake in Kazakhstan's giant Kashagan oilfield, has cleared the first hurdle...