Business
BHP in billion dollar oil bet – The Australian Financial Review
BHP’s belief that oil will be a lucrative business for at least a decade was illustrated by a billion dollar spend on new oil…
The 40 per cent owner of Trion, the Mexican state-owned oil company Pemex, estimated in 2016 that Trion would cost $US11 billion to build and could produce 120,000 barrels of oil equivalent each day at its peak.
The investment comes as big investors pressure…
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