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3m Hectares in Amazon Rainforest Open to Big Oil

3m Hectares in Amazon Rainforest Open to Big Oil

Ecuador plans to auction off more than 3 million hectares of Amazonian rainforest to Chinese and other global oil companies, capping a four-nation tour last week to publicize the bidding contracts, The Guardian reports. The announcement from the Hydrocarbons Secretariat of Ecuador puts forward 13 largely unexplored oil blocks for … Read more »