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ConocoPhillips delays 2014 Arctic marine drilling

By Dan Joling
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ANCHORAGE, Alaska (AP) — ConocoPhillips Alaska announced Wednesday it will not drill in Arctic waters off Alaska’s northwest shore in 2014.

Environmental groups hailed the decision and said the experience of Royal Dutch Shell PLC in 2012 demonstrated that oil companies are not prepared to drill in the fragile Arctic environment.

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