The latest company to turn away from the far north is Royal Dutch Shell, announcing earlier this month that the "lack of a clear path forward" prevented the company from committing further resources to oil drilling offshore of Alaska in 2014. This follows other large oil companies including Total that have either delayed or abandoned Arctic drilling as well.
See full Article: http://carnegieendowment.org/2014/02/12/arctic-withdrawal/h16t
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