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ONGC weighs raising stakes in Russian oil despite Shell snub – 19 May 2022

May 19, 2022

ONGC NSE -1.23 % is weighing the options of placing more bids for Western companies' stakes in multiple Russian oil and gas fields even as its first bid for Shell's 50% stake in Salym fields in Siberia has not been accepted, people familiar with the matter said.

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