It takes courage for a government to serve notice to powerful
offshore oil exploration companies that they're not welcome, but that's exactly what the Belize government has been doing throughout 2015.
Not exact matches
The sale would come as the
offshore sector continues to struggle with low
oil prices, and
oil exploration and production
companies focus investments on lower cost shale fields onshore, particularly the Permian Basin in West Texas.
The
company is an
oil and gas
exploration and development
company in the Deepwater Gulf of Mexico and
offshore international areas.
So - called roadless
oil extraction, in which
oil companies use
offshore exploration and production methods and leave less of an imprint on the area being drilled, is a viable alternative, argue Swing and others associated with Scientists Concerned for Yasuni, a network of independent researchers that first came together in 2004 to stop a proposed road project inside the park.
Over 500 activists peacefully demonstrated against the negative impacts of
offshore exploration and exploitation, under discussion at the MCE Deepwater Development summit by representatives from big
oil and gas
companies including Total, Shell, BP, Exxon, and Repsol.