CALGARY, Alberta (Reuters) - Chevron Corp is putting a plan to drill for oil in the Beaufort Sea in Canada's Arctic on hold indefinitely because of what it called "economic uncertainty in the industry" as oil prices fall.
Reuters: Business News, Reuters: Business
Wed, 12/17/2014 - 4:00pm
CALGARY, Alberta (Reuters) - Chevron Corp is putting a plan to drill for oil in the Beaufort Sea in Canada's Arctic on hold indefinitely because of what it called "economic uncertainty in the industry" as oil prices fall.