Arctic | Egypt Oil & Gas - Part 2

Canadian Govt Report Warns Its Not Prepared for Arctic Oil Spill

An internal report warns the federal government isn’t fully prepared to respond in the event of an oil spill in the Arctic or in deep water offshore. The document “An Emergency Response Biomonitoring Plan for Accident...

Shell to Begin Drilling in the Arctic Within Weeks

Oil and gas giant Shell is expected to begin drilling for oil in the Arctic within the next two weeks. Thirty ships left Dutch Harbor in Alaska on Thursday for the Arctic to support two initial exploratory wells. The ...

Shell Gets Approval to Drill in Arctic Ocean

The Obama administration gave conditional approval on Monday to allow Shell Gulf of Mexico Inc. to start drilling for oil and gas in the Arctic Ocean this summer. The approval is a major victory for Shell and the rest...

Russia Invites India to Extract Oil, Gas from Arctic Shelf

Moscow plans to invite companies from India to jointly extract oil and gas from Russia’s Arctic shelf deposits, Kremlin aide Yuri Ushakov said Wednesday. “There are plans to attract Indian companies to dev...

Russia to ask UN for Sovereignty Over Arctic Platform

The Russian Ministry of Mineral Resources announced that it is presenting a claim for expanding the continental platform in the Arctic Ocean, in over a million square meters. The study was presented for its conciliati...

Alaska’s Prudhoe Bay Loses Top-Producing US Oilfield Rank

Prudhoe Bay is no longer No. 1 in the U.S. oil world, experts say. The oil field, home to the huge hydrocarbon reservoir that inspired construction of the trans-Alaska oil pipeline and kicked off an economic boom that...

Greenpeace Boards Shell Vessel in Protest of Arctic Plans

Arctic-drilling protesters from Greenpeace climbed aboard a Royal Dutch Shell Plc oil rig Monday as it was transported across the Pacific Ocean northwest of Hawaii. Six Greenpeace members approached the rig, the Polar...

Additional Areas of Arctic to be Off Limits for Drilling

The US’s Department of the Interior will make additional areas of Arctic Ocean waters off-limits to drilling when it announces a new five-year offshore drilling plan, a member of the Alaska congressional delegat...

Gazprom Receives Subsoil-Use Rights in Arctic

Gazprom Neft subsidiary Gazpromneft Sakhalin has received subsoil-use rights to two license blocks in the Russian Arctic. The Severo-Zapadniy (northeast) block is on the Pechora Sea shelf, and the Heysovskiy block is ...

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