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Indonesia revokes Exxon gas deal »

Posted by: Mintyfunk 1 year, 10 months ago
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Indonesia has revoked a contract with US energy giant ExxonMobil to develop the Natuna offshore gas field

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Comments: 5
  • Avg rating: (+0/-0 0)PaganGodess
    PaganGodess
    Oct. 11, 2006, 3:25 p.m.

    This is becoming an epidemic! Companies and counries "slitting their own wrists" so to speak. Did IQ's in the world drop sharply this week or WHAT?

    • Avg rating: (+0/-0 0)stephen-johnson
      stephen-johnson
      Oct. 11, 2006, 5:22 p.m.

      "Although Indonesia is one of Asia's largest producers of natural gas and oil, production has declined in recent years because of a lack of investment in developing new fields."

      Gee, I wonder why?

      "Indonesia has revoked a contract with US energy giant ExxonMobil to develop the Natuna offshore gas field."

      Oh, of course!

      • Avg rating: (+0/-0 0)undacovabudda
        undacovabudda
        Oct. 11, 2006, 8:18 p.m.

        Did anyone notice that 2 weeks ago Russia did the same thing?

        MOSCOW, Sept 22 (Reuters) - Russia said on Friday it would snub claims by Exxon Mobil for a small field located near the U.S. oil major's giant Sakhalin-1 project, as it will grant it to its state oil firm Rosneft.

        http://today.reuters.com/news/articleinvesting.aspx?view=CN&storyID=2006-09-22T083005Z_01_L22769857_RTRIDST_0_ENERGY-RUSSIA-EXXON-UPDATE-1.XML&rpc=66&type=qcna

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        Mintyfunk

        I love pop culture and politics, the former offsets the stress created by the latter.

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