As Bahamas offshore project falls flat, oil driller island-hops across Caribbean

2021-02-12 17:07
Bahamas Petroleum Company’s controversial bid to drill for offshore oil near the Florida coast hit a wall after its exploratory well did not find commercially viable reserves. Environmentalists in the Bahamas and the U.S. staunchly opposed the offshore drilling they say threatens the fragile marine ecosystem. The Perseverance #1 well is located 240 kilometers (150 miles) from […]