Oil companies wonder if it’s worth looking for more oil – Bloomberg

Oil companies wonder if it’s worth looking for more oil – Bloomberg

Photographer: William H. Edwards / Getty Images

Photographer: William H. Edwards / Getty Images

A few points near the lower corner of the world map in the South Atlantic, the Falkland Islands were once at the forefront of a new era for the oil industry as companies scoured the planet in search of resources .

Yet a decade after the discovery of 1.7 billion barrels of crude in…

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