re: shell Please do not forget another factor in Shell's NO decision.
"A change in Top Guy".
He might not want to take such a high risk development into his portfolio. This might ruin his job in 6 months time (after drilling and turns out to be less than expected).
As he is the new CEO he can just say NO to override everything.
That's what I think this is quite a possible major factor.
re: shell, page-18
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