Shell in talks with ONGC on joint Indian projects

摘要

London—Shell has been in talks with Indian state-owned Oil and Natural Gas Corporation on potential investment opportunities in India as part of moves to expand its foothold there, the oil major said April 26. In response to recent Indian press reports, a spokesman for Shell said the discussions with the ONGC were “aligned with our interest in expanding our presence in India.”ONGC and Shell India have already held several rounds of talks to tie up a major partnership in both the upstream exploration sector and in the oil refining industry, India’s Hindustan Times reported earlier in the week.