Opinion: Oil Megaprojects Won’t Stay On The Shelf For Long
Green Car Congress
NOVEMBER 6, 2015
By 2017, the company says it will cease deepwater exploration and will sell off its offshore leases that it does not plan on developing. That is a feature that is hard to overemphasize in today’s oil pricing environment. Conoco has the rights to 2.2 That means that credit lines with lending institutions become the last resort.
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