(EnergyAsia, October 7) — Indian Oil Corp (IOC) lost its bid to acquire a majority stake in Turkish Petroleum Refineries (Tupras), Infraline reported.             The stake was awarded to a Shell-led consortium which paid US$4.14 billion.             This represents yet another setback for Indian oil companies attempting to buy oil and gas assets abroad. Earlier,…

This article is for Subscriber members only.
Log In Register