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Chevron cancels Arctic project, chills Northwest business prospects

2014-12-31 00:33:04| Oil & Gas - Topix.net

Chevron is the latest oil company to cancel exploration in the Arctic, a setback for Washington companies that have been hoping to reap business from developing oil-related business there. Sliding oil prices are chilling oil drilling prospects in the Arctic, and that's throwing cold water on some Puget Sound maritime companies.

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