BP, ExxonMobil, and the latter’s Canadian subsidiary, Imperial Oil, are joining forces to drill for oil in the Arctic. BP’s $1.18 billion Exploration License 449 (also known as Pokak) allows it to drill in a region 75 miles north of Inuvik, the Northwest Territories. Exxon’s $600 million Exploration License 446 (also known as Ajurak) would […]