Category: Arctic

Statoil strikes out in well at center of Greenpeace standoff

Statoil ASA failed to find oil in the northernmost site ever drilled off Norway’s Arctic tip.  More »

BP launches first FAA-approved commercial drones over Alaska land

BP has launched a landmark drone program in Alaska after winning the first federal approval to fly unmanned aerial vehicles over land for commercial purposes.  More »

Exxon manager says work going well at Alaska’s Point Thomson

Alaska’s current healthy environment for investment is a reason to vote against repeal of an oil tax measure passed in 2013, an ExxonMobil official told the Fairbanks Chamber of Commerce on Tuesday.  More »

Big Oil on a spending spree in Alaska – for now

Energy company investments in Alaska could reverse declining oil production in the state, unless, they say, voters dismantle a new oil tax regime.  More »

Statoil rig kept idle in Arctic by Greenpeace activists (photos)

Greenpeace activists occupied a Statoil ASA rig in Norway’s Arctic Barents Sea for a second day, preventing it from reaching the nation’s northernmost oil exploration well the protesters say may harm the environment.  More »

Ted Cruz calls for close look at Exxon Mobil deal in Russian Arctic

U.S. Sen. Ted Cruz, traveling in Israel and Eastern Europe to meet foreign leaders, said Wednesday that the U.S. should review a planned Exxon Mobil Corp. oil exploration project with the Russian state-controlled company Rosneft as the West looks for ways to apply more pressure over the Ukraine crisis.  More »

Greenpeace boards rig heading for Norway’s northernmost drilling site

Activists from environmental group Greenpeace boarded a Statoil rig en route to drill Norway’s northernmost exploration well in the Barents Sea, saying it’s too close to the polar ice cap and a key nature reserve.  More »

Oil industry risks $1.1 trillion of investor cash

Oil explorers like Exxon Mobil Corp. and OAO Rosneft risk wasting $1.1 trillion of investors’ cash through 2025 on expensive, uneconomic projects from the Arctic and deep seas to tar sands, according to a study.  More »

Palin defends oil tax structure she championed

Former Alaska Gov. Sarah Palin defended as fair and commonsense the oil tax structure she championed while in office, a system that has been dismantled by state lawmakers and her successor, fellow Republican Sean Parnell.  More »

Police break Greenpeace blockade on Russian tanker

Dutch police stormed a Greenpeace ship Thursday and ended environmentalists’ attempts to block a Russian tanker carrying oil from the Arctic Ocean from mooring at Rotterdam Port.  More »

Oily mist sprayed over 27 acres at Prudhoe Bay

State officials say an oily mist was sprayed over 27 acres of snow-covered tundra on the North Slope because of a pipeline failure.  More »

Exxon’s $900B Arctic prize at risk after Ukraine

Exxon Mobil Corp.’s dream of drilling in the Russian Arctic may risk running aground on the politics of Ukraine.  More »
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