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NEW DELHI: A consortium of Indias top state-run energy firms, led by exploration giant Oil and Natural Gas Corp (ONGC), is in talks to acquire a 25% stake in Australias Advent Energy for around $1 billion, two officials with direct knowledge of the negotiations said.
http://economictimes.indiatimes.com/news/news-by-industry/energy/oil--gas/ONGC-in-talks-for-Australias-Advent-Energy/articleshow/6862589.cms
