(EnergyAsia, August 22, Wednesday) — Australia’s BHP Billiton, in partnership with US independent oil company Apache, plans to invest A$2 billion in an oil exploration project off Australia’s northwest coast (US$1 = A$1.2).The Pyrenees project, located about 20km north of North West Cape, could be the last of the country’s big new oil project. Production…
AUSTRALIA: BHP to invest A$2 billion in new project as supply begins to dry up
Posted on August 21, 2007 by EnergyAsia