Sentences with phrase «abandoned oil exploration»
Royal Dutch Shell abandoned an oil exploration program in the Arctic Ocean in 2015 amid concerns that lower global oil prices made drilling in the remote region a risky investment.
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The Obama administration considered opening some of the affected areas to oil exploration, but abandoned the idea in 2016 because of concerns from states, coastal residents and the military, which uses waters that would be affected.
Though the Obama Administration looked into opening some areas to oil exploration on a smaller scale, the idea was abandoned in 2016 after concerns from the military, coastal residents, and states that would be affected.
Shell Oil announced in September that it was abandoning exploration in the Chuckchi and Beaufort seas after it spent more than $ 7 billion and had a face - off with Greenpeace demonstrators in Portland who temporarily blocked one of the company's ships.