Sunday, August 25, 2013

Reuters: Money News: ONGC to buy stake in Anadarko Mozambique gas block for $2.64 billion

Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. 
ONGC to buy stake in Anadarko Mozambique gas block for $2.64 billion
Aug 26th 2013, 02:08

NEW YORK (Reuters) - Anadarko Petroleum Corp said it agreed to sell a 10 percent stake in a gas field offshore Mozambique to a unit of Oil & Natural Gas Corp for $2.64 billion in cash, as the U.S. oil company looks to focus more on its domestic assets.


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