Showing posts with label Jordanian Parliament. Show all posts
Showing posts with label Jordanian Parliament. Show all posts

Thursday, July 16, 2009

Jordan Parliament Approves Shell Oil Exploration Deal


The Jordanian Parliament has approved a multibillion-dollar concession agreement with Royal Dutch Shell PLC to explore oil from Jordan's vast oil shale resources, a source at the country's Natural Resources Authority said Thursday. "The council of deputies has ratified the agreement during a session held Wednesday," the source told Dow Jones Newswires. Shell is expected to spend around $500 million on exploration, assessment and designs on the project.....Complete Story

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