Is the CONF key sharing Problem equivalent to discrete log problem? If there a proof in the literature which says the CONF Problem is equivalent to solving the discrete log ?

Let $g$ be a generator of a cyclic group $\mathbb{G}$ of prime order $q$

CONF problem: given $q,g, g^a, g^{ab}$ find $g^b$

Discrete log problem:  given $q, g, g^x$ find $x$
No.  There's no known proof that CONF is equivalent to the discrete log, in general.  When $q$ is prime, CONF is equivalent to the Diffie-Hellman problem.  And it's a long-standing problem whether the Diffie-Hellman problem is equivalent than the discrete log; see, e.g., Are there groups where the computational Diffie Hellman problem is easy but the discrete log problem is hard?.

Proof of equivalence:

Note that if we can solve the Diffie-Hellman problem, we can solve CONF.  In particular, suppose $DH$ is a Diffie-Hellman oracle (so $DH(g,g^x,g^y)=g^{xy}$).  Then given $g,g^a$, you can compute $g^{a^k}$ for any power $k$: you can add in the exponent using the identity $g^{x+y}=g^x g^y$, and you can multiply in the exponent using the DH-oracle $g^{xy}=DH(g,g^x,g^y)$, so you can do the square-and-multiply algorithm "in the exponent" to compute $g^{a^k}$ from $g^a$.  Now setting $k=q-2$, we see that you can compute $g^{a^{q-2}}=g^{a^{-1}}$.  Finally, $DH(g,g^{a^{-1}},g^{ab}) = g^b$, so with one more application of the DH-oracle, we can compute $g^b$, solving the CONF problem.  Thus, CONF is no harder than the Diffie-Hellman problem.

Also, if we can solve CONF, then we can solve the Diffie-Hellman problem. Suppose $CONF$ is an oracle for the CONF problem, i.e., $CONF(g,g^a,g^{ab})=g^b$.  Then

$$CONF(g^x,g,g^y)= CONF(g^x,(g^x)^{x^{-1}},(g^x)^{x^{-1}y}) = (g^x)^{y} = g^{xy},$$

so an efficient solution to the CONF problem lets us solve the Diffie-Hellman problem.