Australia has 'decade of oil left at current rates'

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Australia has 'decade of oil left at current rates'

Post by yunowu on Thu Jul 17, 2008 8:08 pm

Sydney: Australia's oil resources may last a decade at current production rates, making supply security a "major concern," said energy minister Martin Ferguson. Australia will review all oil and gas leases granted to explorers for their "commerciality" Ferguson said yesterday at a conference in Darwin. Oil and gas field...
http://www.gulfnews.com/business/Oil_and_Gas/10229672.html

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Moscow should host "gas OPEC" base -lobby group

Post by yunowu on Thu Jul 17, 2008 8:11 pm

MOSCOW, July 17 (Reuters) - Russia's top business lobby group said the country should host the headquarters of an OPEC-like gas group and sell oil in roubles to help achieve the Kremlin's desire to make Moscow a global financial centre...
http://www.reuters.com/article/marketsNews/idINL1783430820080717?rpc=611

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