Shale gas dreams get jolt of reality with ConocoPhillips, PetroChina exits
For the ambitions of local shale explorers, the heightened pressure on resource majors to maximise returns to shareholders has come at a particularly difficult time.
For the ambitions of local shale explorers, the heightened pressure on resource majors to maximise returns to shareholders has come at a particularly difficult time.
Arguably oil giant ConocoPhillips might otherwise have given its Western Australian shale play with local junior New Standard Energy more of a chance before upping sticks.
