In a statement posted on its website recently, OPEC said it “welcomes the decision approved … by the National Energy Council of the Federative Republic of Brazil (CNPE) that formally paves the way for the participation of Brazil as a Member of the Charter of Cooperation (CoC) between oil producing countries”.
ExxonMobil and its partners in the Gippsland Basin offshore southeastern Australia are investing nearly $200 million in the development of a new natural gas project that would help meet Australia’s domestic demand.
Curious Minds Corner
What is the name of the process used to convert crude oil into useful products like gasoline and diesel?