OPINION

Slugcatcher: Shell goes back to the future

PEAK oil demand is in sight, according to the International Energy Agency (IEA), but not peak profits from oil, if Slugcatcher's understanding of last week's extraordinary change of direction by Shell Oil is a guide to the future.

Slugcatcher
Slugcatcher: Shell goes back to the future

  Largely ignored in Australia, where it has become incorrect to mention oil and gas in polite company, the team at Europe's biggest oil company acknowledged that it had made an expensive mistake in...

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