Imagine a big energy company called Japex. They used to want to make half their money from clean energy like wind power, and half from oil and gas. But things changed!
Oil and gas are making lots of money right now, so Japex is focusing more on those. They're investing more in finding and getting oil and gas, especially in the US and Norway.
They're also looking at buying smaller energy companies, but they learned from past mistakes and will be careful with their money.
- Japex is now focusing more on oil and gas.
- They're investing more money than planned, much more than their earlier plan of $1.5 billion.
- They're looking to buy US oil companies.
Item | Details |
---|---|
Original Investment Plan (Oil & Gas) | $1.5 Billion |
New Estimated Investment | $2.25 Billion or more |
Investment Cap per Project | $300 Million |