The coronavirus pandemic has already taken way too many hostages in the world of oil and gas – countless are the projects put on hold indeterminately or delayed into 2021/2022 in the hope that things will get better by that point. The Dorado field, Australia’s largest oil discovery in the last 25 years, is an illustrative case of where the current market sentiment stands.
This would be all the more pertinent to Australia as boosting production of light crudes might finally bring its crude imports to a halt, considering that the heavy…Australia’s Oil Bonanza Is Being Postponed
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