British oil explorer Cairn Energy PLC said it drilled a dry hole off the coast of Greenland, its sixth unsuccessful well in the country, denting hopes that a new multibillion barrel basin is waiting to be found in the Arctic region.
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Cairn Energy drills another dry hole in Greenland
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Farmers, fishermen have to wait for fuel assistance:
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Water tax for oil companies fails
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Eni makes new oil discovery in the Timor Sea
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A record 1,432 rigs are seeking oil
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BP scraps plans to drill in Arctic
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Statoil discovers oil in North sea
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Drilling rig smashed in seas
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Oil company plans to drill two wells near Lake Ainslie
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Environment ministers look at oilsands monitoring
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Winter weather hampers efforts to stop oil well from leaking in northwest North Dakota
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Greenland says to publish oil spill plan
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McCain promotes drilling for oil off US coast
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Cairn secures second drilling rig for exploration program offshore Greenland
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Arctic holds 90 billion barrels of oil:
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India may open new hydrocarbon blocks in Bay of Bengal
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Conocophillips (COP) plans to drill up to two exploration wells in remote Arctic waters next