Company seeking to renew four out of five exploration licenses covering 4 million acres in Bahamian waters NASSAU, BAHAMAS — Bahamas Petroleum Company (BPC) said yesterday that while its first exploration well did not result in the discovery of commercial quantities of oil in The Bahamas, it intends to exercise its right to renew four […]
Tag: Bahamas Petroleum
US business leaders call for stop to oil drilling in The Bahamas
NASSAU, BAHAMAS — International opposition to Bahamas Petroleum Company’s (BPC) oil exploration in The Bahamas continues to mount as several US business leaders are now urging the government to put a stop to offshore oil drilling. According to the Our Islands, Our Future organization, having just seen the US federal government ban offshore drilling in […]