The Ecuadorian government has abandoned its moratorium on oil drilling in Yasuni National Park as a proposal to protect the park with the help of international donations fell apart.
In a nationally televised speech, President Rafael Correa blamed the failure of the ambitious
(Reuters) – The Obama administration issued a revised moratorium on deepwater oil drilling Monday but will likely face another tough legal battle with the companies which have so far successfully sued to get the original drilling suspension lifted.
The Justice Department said it will now seek to have the court order blocking the original moratorium thrown out, with the administration arguing a pause