DUBAI / WAM Dubai Land Department (DLD) has announced the launch of Phase II of …
Read More »Shell quits Kazakh oil projects
Bloomberg Royal Dutch Shell Plc abandoned two oil projects off Kazakhstan after stubbornly high costs made them uneconomic. Shell has exited the Khazar field, while North Caspian Operating Co. — a joint venture including Shell — has quit the Kalamkas-Sea project, according to TOO PSA, an entity run by the Kazakh Energy Ministry. The retreat from the fields — both …
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