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Arctic drilling freeze may interfere with oil and gas licensing

Arctic drilling freeze may interfere with oil and gas licensing

Dec 30, 2016, at 07:13 pm

Calgary Dec 30 (IBNS): In a recent environment friendly move, US President Barack Obama and Canadian Prime Minister Justin Trudeau announced that most of North American Arctic waters would be designated as off-limit for any new exploration including all future oil and gas licensing in Canadian waters, according to media reports.