Chevron halts big Arctic offshore drilling project 'indefinitely' due to oil price slide

Drilling project in EL 481 block is so far largest to put on hold after oil prices dropped by more than 40% since June.



via IBTimes.co.uk : Articles by Jerin Mathew http://ift.tt/1GSUou0 December 18, 2014 at 11:44AM http://ift.tt/eA8V8J