Arctic Oil & Gas News

China’s CNOOC starts preparation work to explore for oil and gas offshore Iceland, posted on Platts McGraw Hill Financial China’s CNOOC International Ltd has started preparation work for oil and gas exploration in Iceland’s offshore Dreki Area, an official with CNOOC’s Investor Relations Department said Friday.  [Read More…]   Greenland: Mining Rush Welcomed, Won’t Favor…

Arctic Oil & Gas News

Norway Oil Fund Ban Proves No Hurdle for Arctic Coal Mining by Saleha Mohsin, posted on Bloomberg Businessweek As lawmakers in Oslo debate whether to ban their $840 billion sovereign wealth fund from investing in coal companies, the country has opened a new coal mine in the Arctic Svalbard archipelago.  [Read More…]   Asian Giants…