ConocoPhillips completes Algeria oil unit sale

09.12.2013
    By Joao Peixe     ConocoPhillips has completed the sale of its Algeria business unit ConocoPhillips Algeria Ltd. to Indonesian state-owned Pertamina for $1.75 billion, as it seeks to reshuffle its assets despite an uptick in investor interest in Algeria’s oil and gas scene.     While the juniors are increasingly braving the risky new frontiers,...