ConocoPhilips Sale Raises Kazakh-Indian Pipeline Question – ValueWalk Premium

ConocoPhilips Sale Raises Kazakh-Indian Pipeline Question

ConocoPhilips (NYSE:COP) has sold its stake in one of the world's largest oil fields. The company announced today that it was parting with its 8.4 percent stake in the Kashagan oil field, the largest oil field discovery since 1968. The firm will sell the share to Indian firm, Oil & Natural Gas Corporation Limited (NSE:ONGC) for around $5 billion.

Oil & Natural Gas Corporation . . .

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