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…
Guest: Shell, the U.S. not prepared for risks of drilling in Arctic Ocean by Dan Ritzman, posted on The Seattle Times America’s Arctic is a place like no other. Its unique conditions — extreme weather, long periods of darkness and its remoteness — make it both harsh and fragile. It’s a place often underestimated, especially…
Changes in Regulations Could Help Break the Offshore Ice, posted on The Moscow Times State-controlled oil giant Rosneft had a very good year. That is what company chief executive Igor Sechin told Prime Minister Dmitry Medvedev on Friday at a meeting to review Russia’s largest oil producer, whose capitalization grew by 18 percent to $73…
Japanese energy firms to explore for oil in Arctic , posted on Kuwait News Agency Major Japanese energy developers will participate in an oil exploration project in the Arctic for the first time, a leading business daily here reported Monday. Japan’s largest oil explorer Inpex Corp. and the upstream subsidiary of the country’s top oil…
Shell’s Berlin ‘Science Slam’ Event Reportedly Disrupted By Anti-Drilling Activists, posted on Huffington Post Green Judges were unaware that they were about to receive quite the literal slam at Shell’s recent “Science Slam,” an event in Berlin, Germany on December 11 for young scientists to showcase their projects and research. German activist Jean Peters and…