Effort to refloat a Taiwanese tanker controlled by Formosa Plastics, off Grand Bahama, have failed for the third time.
Freeport Oil Company Limited (FOCOL) has broken its silence surrounding the ‘bad gas’ issue and is now asking customers with pending claims to be patient.
Bahamas Petroleum Co. (BPC), the only explorer searching for oil off the Atlantic archipelago, expects to find crude even after efforts off nearby Cuba failed.
From the Bahamas and Cuba down to Aruba and Suriname, international oil companies are lining up to locate potentially rich offshore deposits.
The National Citizen’s Alliance Coalition said it will not back down from its efforts to gain an additional 25 percent of annual oil royalties for the Bahamian people.
Less than a week after issuing a scathing criticism of the Bahamas Petroleum Company’s (BPC) plan to drill for oil, the National Citizen’s Alliance Coalition (NCAC) has started a public education campaign.
Grand Bahama experienced yet another oil spill this past weekend, a problem which has led to increased concerns.
Even though Bahamas Petroleum Company (BPC) has spent the last few months courting local church leaders, the Bahamas Christian Council (BCC) is expressing “grave concerns” over BPC’s intentions.
Free National Movement (FNM) Chairman Darron Cash has called for government officials to make full disclosures regarding their ties to Bahamas Petroleum Company (BPC).