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PM reiterates government position on oil exploration – video

With exploration being a hot topic these days, Prime Minister Hubert Ingraham said on Saturday that the government will not grant oil exploration licenses until clear regulations and guidelines are in place. Watch a video of the PM's speech here. 

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TheBahamasInvestor.com
Monday, April 30, 2012
Monday, April 30, 2012

With exploration being a hot topic these days, Prime Minister Hubert Ingraham said on Saturday that the government will not grant oil exploration licenses until clear regulations and guidelines are in place. Watch a video of the PM’s speech here.

Kerzner International Holdings Ltd, the company that built Atlantis resorts in The Bahamas and Dubai, has handed ownership of its flagship properties to creditor Brookfield Asset Management (BAM) and partner Dubai World in a debt restructuring, reports Bloomberg.

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