Bahrain still evaluating giant shale oil discovery despite high oil prices: minister

Bahrain has yet to take a decision on its 80-billion-barrel offshore shale oil discovery in spite of higher oil prices, the country’s oil minister told reporters on May 16. “We are still working on the technical side of things, understanding the resource play, all of the above. Ultimately, it’s what’s the cost of the production? Well, then once you have…