Steel baron Lakshmi N. Mittal has pulled out of a joint venture with ONGC Videsh Ltd, formed for exploring oil in a block in Kazakhstan.
Mittal Investment Sarl has decided to discontinue participation through the joint venture vehicle ONGC Mittal Energy Ltd (OMEL) in the Satpayev exploration block, Oil and Natural Gas Corp (ONGC) said in a release. read more news.
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