ONGC loses Algeria oil race New Delhi, Jan. 1: The state-run Oil and Natural Gas Corporation has lost an oilfield in Algeria to a consortium led by a Chinese oil firm. ONGC teamed up with Turkish Petroleum Corp (TPAO) and the UAE’s Dana Gas to bid for the hotly contested Hassi Bir Rekaiz acreage in Algeria's latest licensing round, sour-ces said. It, however, lost the...
Full Story: Deccan Chronicle
