Green campaigners celebrate as Shell pulls out of Arctic after failing to find oil

by | September 29, 2015 12:04 pm

Environmental campaigners reacted with jubilation to the news that Royal Dutch Shell had abandoned a contentious Arctic drilling programme off Alaska after failing to strike oil. The decision brings to an end almost a decade of efforts that could ultimately cost the Anglo­Dutch group $8bn, a sum described by analysts as “staggering” for a dry…

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