Oil Exploration in Nunavut
Nunavut is bound to have some piece of the estimated 160 billion barrels of crude oil believed to be locked up in the Arctic – the challenge is finding it.
Continue reading "Oil Exploration in Nunavut"
Nunavut is bound to have some piece of the estimated 160 billion barrels of crude oil believed to be locked up in the Arctic – the challenge is finding it.
Continue reading "Oil Exploration in Nunavut"
Tuesday, September 6, 2011
After BP-Rosneft deal falls through, Exxon score a major coup with partnership that grants them access to untapped reserves that could top 110 billion barrels of oil equivalent.
Continue reading "Exxon Tie Up Deal With Rosneft To Explore Russian Arctic"
Thursday, August 28, 2008
If you have been following the business pages lately, you have likely seen reports about the new United States Geological Survey report that has come up with a mean estimate of “1,670 trillion cubic feet of natural gas” in the Arctic Ocean. Additionally, the mean estimates predict “90 billion barrels of oil” and “44 billion barrels of natural gas liquids” undiscovered.
Continue reading "Northwest gassage?"
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Monday, October 3, 2011