Indian Shale Oil and Gas Development Target of ConocoPhillips and ONGC
Posted on November 28, 2012 at 02:21 AM EST
JOHANNESBURG--November 28, 2012--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--India is accelerating its strategy for shale oil and gas exploration and exploitation. State-owned Oil and Natural Gas Corporation Limited (ONGC) (Dehradun, India) is in the process of finalizing a technology partnership with energy major ConocoPhillips (NYSE:COP) (Houston, Texas) to explore the country's resources.