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MercoPress, en Español

Montevideo, November 22nd 2024 - 05:57 UTC

Tag: XOM

  • Wednesday, February 11th 2015 - 15:31 UTC

    Arctic oil on life support

    The Anglo-Dutch company failed to achieve permits on time, had its drill ships run aground, and saw its oil spill containment dome “crushed like a beer can”

    Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last corner of the globe that is still almost entirely unexplored.