ExxonMobil, Shell ‘swallow’ huge $$ losses in Brazil oil exploration setback – Carib Vibe Radio
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ExxonMobil, Shell ‘swallow’ huge $$ losses in Brazil oil exploration setback

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The international oil companies ExxonMobil and Shell Plc. face what a May 16 Bloomberg report describes as “expensive offshore exploration setbacks” to their plans to turn Brazil into a major oil & gas profit centre. 

The article ExxonMobil, Shell ‘swallow’ huge $$ losses in Brazil oil exploration setback appeared first on Stabroek News.

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