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AUSTRALIA

Shell casts Browse future in doubt

WOODSIDE Petroleum's Browse partner Shell said demand could be an extra hurdle for the project along with costs, even though oil executives and financiers argued in April that delaying such megaprojects could lead to a world shortage of oil and gas in five to 10 years.

Anthony Barich
Shell casts Browse future in doubt

Shell and ExxonMobil executives told the IHS CeraWeek Energy conference in Houston in April that they were taking a much more cautious approach to approving multi-billion dollar projects that took a long...

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