business / news / / Australian Financial Review
The chairman of global oil giant Chevron says Australia is a prime example of a country that has risked fuel shortages because of poor policy choices.
Chevron's chairman criticized Australia for policy decisions risking national fuel shortages.
KEY POINTS
- Chevron deems developing new Australian oil and gas reserves too expensive compared to other options.
- Chevron's Australian projects struggle to attract investment compared to the company's global ventures.
- Australia's energy security is flagged by Chevron as potentially threatened by current regulatory approaches.
COMPANIES
Summarized by Newsio from Australian Financial Review. How we summarize →