Reuters: Energy companies should not drill for crude oil in Arctic waters because the environmental risks are too high, Total SA Chief Executive Officer Christophe de Margerie said in the Financial Times on Wednesday.
The newspaper described de Margerie’s comments as the first time a major oil company has publicly criticised offshore exploration in the Arctic.
The risk of an oil spill in such an environmentally sensitive area was simply too high, according to de Margerie.
“Oil on Greenland would…

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