GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
The Biden administration has decided to insulate the Arctic from future oil and gas leasing, but the announcement comes parallel to the US Department of the Interior (DOI) approving ConocoPhillips’ behemoth Willow development offshore Alaska.
[Read more…] about Insulation of Arctic from oil and gas leasingArctic Canadian Diamond Company and IHC Mining have reached an important milestone in the development of an underwater remote mining (URM) system for the extraction of diamondbearing kimberlite ore from deep open pits at the Ekati Diamond Mine in the Northwest Territories of Canada.
[Read more…] about Innovative underwater remote mining systemRosneft’s two exploration wells in the Kara Sea (West Siberian Arctic), drilled over spring/summer/fall 2020, resulted in two major gas discoveries. [Read more…] about Two major gas discoveries for Rosneft
The Arctic continental shelf is estimated to hold vast deposits of hydrocarbons and rare earth minerals. [Read more…] about Russian and Norwegian companies to drive oil and gas industry in the Arctic
Norway’s government is proposing to expand the area that will be offered for oil and gas exploration in the 2019 licensing round of acreage in mature areas, Petroleum and Energy Minister Kjell-Børge Freiberg said last Thursday. [Read more…] about Norway plans to expand Arctic oil exploration areas
Norway’s Equinor has put on hold the drilling of a key exploration well in the Barents Sea after a well incident last week, the company said on Monday. [Read more…] about Equinor stops drilling Arctic well after incident
US President Barack Obama closed 3.8 million acres off the US North and Mid-Atlantic coasts and 115 million acres in the US Arctic Ocean to future oil and gas activity.
[Read more…] about Obama puts US Arctic, Atlantic OCS off-limits to oil, gas activity
After plunking down more than $2.5 billion for drilling rights in U.S. Arctic waters, Royal Dutch Shell, ConocoPhillips and other companies have quietly relinquished claims they once hoped would net the next big oil discovery.
[Read more…] about Big oil abandons $2.5 billion in U.S. Arctic drilling rights
On August 21, the Polarled gas pipeline crossed 66 degrees and 33 minutes north of the equator becoming the first pipeline to cross the Arctic Circle.
[Read more…] about First Offshore Pipeline Crosses Arctic Circle
