Sunday 14 February 2016

Oil majors’ business model under increasing pressure - FT.com

Oil majors’ business model under increasing pressure - FT.com:

"Gorgon, a massive liquefied natural gas project off the north-west coast of Australia, is one of the wonders of the modern age. Its $54bn price tag makes it — in nominal terms at least — one of the most expensive engineering projects ever completed.
It could also be a monument to a fading era, the last hurrah of Big Oil."



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