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France cites environmental concerns in suspending offshore exploratory drilling permits in its...

  • Wednesday, June 13, 2012, 5:54 PM ET
    France cites environmental concerns in suspending offshore exploratory drilling permits in its overseas district of Guyana, surprising oil majors eyeing a potentially rich new geological play. Shell (RDS.A, RDS.B), along with partners Tullow and Total, has made significant discoveries in the region, which geologists believe contains oil reservoirs that mirror those off the coast of West Africa.
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This news story has 4 comments:

  •  
    do socialists need oil? let them ride bikes - I'll give them a permit
    13 Jun 2012, 05:57 PM Reply Like
  •  
    they just don't want YOU to have any.....meanwhile, on thier jet to cannes......fk hypocryts..
    13 Jun 2012, 06:15 PM Reply Like
  •  
    Congrats on your recent election results, France. Enjoy the swirling sensation as your new hard left leader (as opposed to the old regular leftist) speeds your journey onward and downward.
    14 Jun 2012, 05:43 AM Reply Like
  •  
    probably just trying to push the price of licences up, thus increasing revenue without having to put up tax - higher petrol prices can be blamed on the oil companies
    14 Jun 2012, 12:44 PM Reply Like
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