The race for Arctic oil is heating up ...News

Russia Today - News
The race for Arctic oil is heating up
source : Russia Today ( News ) () 111
Norwegian and Russian companies are leading the charge in a renewed offensive for Arctic oil and gas riches. Despite climate concerns and environmentalist backlash against exploration for oil and gas in pristine sensitive regions of the Arctic, companies continue to explore for hydrocarbon resources in the Arctic Circle, in Russia and Norway in particular. he largest Russian energy companies are looking to explore more Arctic oil and gas resources on and offshore Russia, while Norwegian and other Western oil firms are digging exploration wells in Norway’s Barents Sea. Read more

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