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Chevron (CVX -0.2%) is “in midst of reviewing” the costs of its own large Australian...
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Monday, November 12, 2012, 12:18 PM ETChevron (CVX -0.2%) is “in midst of reviewing” the costs of its own large Australian natural gas project, Gorgon, Tudor Pickering analysts say after Exxon Mobil (XOM -0.2%) revealed the cost of its natural gas project in Papua New Guinea had increased 21% to $19B. CVX's originally projected $37B costs for Gorgon could reach $45B, the firm says.
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- and now there are reports that Asian buyers are not going to happily pay three times North American prices . Look to smaller producers like Athabasca Oil - article ling http://www.amp2012.com Nov 12 article