Angola and India ink oil exploration deal - AFP

2 hours ago LUANDA — Angola and India's state oil companies Wednesday inked a deal to boost co-operation in areas of exploration and refining in the two countries as well as other nations.

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The memorandum of understanding was signed at Sonangol's headquarters in Luanda by the company's chairman Manuel Vicente and RS Sharma, chairman of India's Oil and Natural Gas Corporation (ONGC). It signifies a big step forward in India's efforts to enter the Angolan market, where western countries and China are currently the main players in Africa's largest oil producer.

Full Story: Angola and India ink oil exploration deal - AFP