February 17, 2021
STENA ICEMAX DRILL SHIP.
Stories this photo appears in:
Gov't 'examining merits' of oil explorer carbon credits
The Government is "examining the merits" of an oil explorer's proposal to gain a return on its $100m-plus investment in The Bahamas via the use of carbon credits.
Bahamas oil well creditors accept 84% debt hair-cut
Creditors owed a collective $11.3m for the drilling of an exploratory oil well in The Bahamas have agreed to accept a near-84 percent haircut on this debt, it was revealed yesterday.
Oil opponents bid to end legal roadblock
Oil exploration opponents have offered to pay $100,000 to the former Bahamas Petroleum Company’s (BPC) attorneys, and narrow the scope of their Judicial Review, in a bid to remove all legal roadblocks.
Govt challenged over BPC licence renewals
Environmentalists yesterday challenged the Minnis administration to make good on its pledge to bar oil drilling after the Bahamas Petroleum Company (BPC) revealed it will seek to renew its four licences.
Activists alarmed over rise in BPC JV interest
The Bahamas Petroleum Company (BPC) yesterday alarmed environmental activists by indicating it has not given up on The Bahamas following a surge in interest from potential joint venture partners.
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