Tuesday 20 January 2015

Repsol scraps oil probe off Canaries tourist islands

OIL AND GAS
Repsol scraps oil probe off Canaries tourist islands
Madrid (AFP) Jan 16, 2015 - Energy giant Repsol abandoned its controversial search for oil and gas off Spain's Canary Islands Friday, delighting locals and environmentalists but dashing Madrid's hopes that the project would ease its energy dependency. The prospecting had outraged leaders on the islands, a Spanish archipelago off the coast of north Africa, whose beaches and volcanic landscapes are a major draw for touri ... more


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