Angola snubs India’s oil advances

This could well be hard reality that sceptics of India’s oil equity investments have been warning against.

India’s efforts to acquire oil blocks in Angola have received a setback after Luanda, the Angolan capital refused to give dates to an Indian delegation to discuss new oil blocks in the African nation. Sceptics have always feared that oil equity investments in war-torn countries like Angola were extremely risky.
FinancialExpress