Oil – The Moscow Times reported that Rosneft Oil Co. (OTCMKTS:RNFTF), Russia's largest oil company, will begin drilling for oil in the Arctic shelf this year. This follows earlier statements from Rosneft that it will be focusing its future exploration work on off-shore projects, according to the Times.
Articles Tagged "arctic"
Oil – Reuters reported that the Environmental Protection Agency may provide Royal Dutch Shell plc (NYSE:RDS.A) with a temporary air permit to drill offshore Alaska as early as this weekend.
Oil – Reuters reported that in 2013 Norway's Statoil plans to drill nine exploration wells in the Barents Sea in an attempt to discover more finds like the Skrugard and Havis oilfields.
Oil – Reuters reported that environmental activists, including the global chief of Greenpeace, cut short their occupation of Russia's first Arctic oil rig when hampered by icy water. The activists' aim was to bring attention to the potential destruction of drilling for oil in the Arctic's extreme conditions.
Oil – The challenging Beaufort Sea has been gaining attention from oil and gas producers and explorers looking to make a mega-play discover that makes billion-dollar drilling programs worthwhile.
Oil – Nunavut is bound to have some piece of the estimated 160 billion barrels of crude oil believed to be locked up in the Arctic – the challenge is finding it.
Oil – After BP-Rosneft deal falls through, Exxon score a major coup with partnership that grants them access to untapped reserves that could top 110 billion barrels of oil equivalent.
Resource Investing News was invited to the Nunavut Mining Symposium held April 15, 2009 in Vancouver. The brainchild of Mark Kolebaba, President & CEO of Diamonds North Resources, the event featured the Honourable Peter Taptuna, Nunavut’s Deputy Premier and Minister Responsible for Mines and David Coffin, Editor, HRA (Hard Rock Analyst) Publications. The event was [...]