Big Oil keep balance reserves and prices...with huge Gas Reservoir for LNG in Qatar, Oil in Deep water West Africa being producing, why should Big Oil invest another millions in high risk area?
But they a bit panick when China has won contract with Ghanian government to tap another giant reservoir offshore...and they stop China from buying Unocal last time...
Big Oil keep balance reserves and prices...with huge Gas Reservoir for LNG in Qatar, Oil in Deep water West Africa being producing, why should Big Oil invest another millions in high risk area?
But they a bit panick when China has won contract with Ghanian government to tap another giant reservoir offshore...and they stop China from buying Unocal last time...
“The fool speaks, the wise man listens”