Australian Investment in Gas Projects
Shell may spend $50 billion in Australia over the next decade as Europe’s largest oil company continues a shift to gas.
Shell may spend $50 billion in Australia over the next decade as Europe’s largest oil company continues a shift to gas.
Brazilian state-run energy giant Petroleo Brasileiro SA notified the country’s National Petroleum Agency late Friday that a wildcat well in the Santos Basin tested positive for oil. For full story, click here
Brazil’s government managed oil corporation Petrobras declared this week it had commenced refining oil from the Tupi field, located at the pre-salt area of Santos Basin which is Brazil’s great hope for becoming a major player in the world’s hydrocarbons market. For full story, click here
Repsol YPF SA, Spain’s leading oil company has found natural gas in the Santos Basin off the coast of Brazil. For full story, click here
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