Eni (E) says it is not interested in exercising its right of first refusal on ConocoPhillips'...

|By:, SA News Editor

Eni (E) says it is not interested in exercising its right of first refusal on ConocoPhillips' (COP) stake in Kazakhstan's Kashagan oilfield. COP's Kashagan partners - including XOM, RDS.A and TOT, along with Eni - have nearly two months to decide whether they want the 8.4% stake in the project promised to India's ONGC.