{"id":21388,"date":"2012-05-03T11:30:04","date_gmt":"2012-05-03T15:30:04","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=21388"},"modified":"2012-05-03T11:30:04","modified_gmt":"2012-05-03T15:30:04","slug":"bahamas-petroleum-company-shares-drop","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2012\/05\/bahamas-petroleum-company-shares-drop","title":{"rendered":"Bahamas Petroleum Company Shares Drop"},"content":{"rendered":"<figure id=\"attachment_20831\" aria-describedby=\"caption-attachment-20831\" style=\"width: 150px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-20831\" title=\"no-oil-drilling\" src=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2012\/04\/no-oil-drilling.jpg\" alt=\"\" width=\"150\" height=\"112\" \/><figcaption id=\"caption-attachment-20831\" class=\"wp-caption-text\">PM says there will be no oil drilling in Bahamian waters<\/figcaption><\/figure>\n<p>Bahamas Petroleum (LON:BPC) has seen a decline in share price this morning as news that the government is denying Bahamas Petroleum Company&#8217;s claim that its licences to explore for oil have been renewed.<\/p>\n<p>&#8220;Upon legal advice, this Ministry advised BPC that it is presently unable to accept rental fees for the year April 2012 &#8211; 2013 as the government has yet to determine its course of action in connection with license renewal,&#8221; the government said in a statement.<\/p>\n<p>According to company website, the renewal came into effect on April 27 and the terms included a commitment to &#8220;spud an exploration well&#8221; by April 26, 2013.<\/p>\n<p>Source: OilVoice<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bahamas Petroleum share prices drop as news that the government is denying the oil drilling company&#8217;s claim that its licences to explore for oil have been renewed.<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[153,244],"class_list":["post-21388","post","type-post","status-publish","format-standard","hentry","category-business","tag-business-2","tag-oil"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/21388","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=21388"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/21388\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=21388"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=21388"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=21388"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}