Sunday, March 08

Oil Not Well: Why ExxonMobil thinks Venezuela is 'uninvestable'

This collapse is central to the scepticism voiced by oil companies. Restoring production on a meaningful scale is not a matter of restarting wells. It would require rebuilding pipelines, upgraders, refineries, power supply and skilled manpower, all of which demand long-term capital commitments.
  • News Source Indiatimes (Click to view full news): CLICK HERE
  • Share:

0 Comments:

Leave a Reply

Your email address will not be published. Required fields are marked *

Format: 987-654-3210