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…

Energy & Resources – Industry News

Alberta-B.C. joint study to explore viability of moving oil by rail by Steven Chua, posted on Canadian Manufacturing A report has been handed in to the British Columbia and Alberta governments examining the idea of transporting oil sands crude via rail if proposed pipelines don’t get the green light, government documents show. It’s an idea…