https://uk.news.yahoo.com/repsol-ends-canaries-oil-exploration-100352067.html#UAJweHD
That news will make a lot of people happy :D
Oil at rock bottom prices, companies looking to pull in the purse strings, measures put in place to ensure financial security until prices rise again.
Sorry but in the current climate I would say it's only a matter of time before the oil companies come back to have another sniff around.
Another article about today's news:
http://www.islandconnections.eu/1000003/1000043/0/44512/daily-news-article.html