Arctic Oil & Gas News

Guest: Shell, the U.S. not prepared for risks of drilling in Arctic Ocean by Dan Ritzman, posted on The Seattle Times

America’s Arctic is a place like no other. Its unique conditions — extreme weather, long periods of darkness and its remoteness — make it both harsh and fragile. It’s a place often underestimated, especially when it comes to drilling for oil in the Arctic Ocean. [Read More…]  

Norway to offer 61 blocks in licensing round, posted on PennEnergy

Norway plans to offer 61 blocks for oil and gas exploration in the 23rd licensing round on its continental shelf, according to Reuters. [Read More…]  

Warming offers Arctic business opportunities by Hiroshi Arimitsu & Takashi Shimomiya, posted The Japan News

Global warming in the Arctic is creating business opportunities for Japanese companies, including the exploitation of oil and gas resources. The thawing of Arctic ice will not only facilitate access to natural resources but will also open up new shipping routes, sharply reducing the time required for shipping between Europe and Asia. [Read More…]  

Oil, gas production complicated Diplomatic negotiations, environmental concerns, pipelines factored in by Ralph Schaefer, posted on

Norway’s oil and gas production is laced with diplomatic negotiations, environmental concerns — and pipelines. Jostein Mykletun, Ph.D., Royal Norwegian Consulate General, credited the stubbornness of a Phillips Petroleum crew chief for bringing his country with an economy based on fishing into the international energy market.  [Read More…]  

Oil Spill Technology Research Continues for Arctic Exploration by Karen Boman, posted on RigZone

As the global oil and gas industry turns its attention to Arctic exploration and production, research by industry and academia continues into Arctic oil spill technology.  [Read More…]  

Oil & Gas: The Arctic question by Joanne Frearson, posted on Business Reporter

A vast ice-covered ocean, largely inhospitable, located at the northernmost part of the Earth. In winter it plunges into darkness and temperatures drop to below 50 degrees Celsius. Only a short list of hardy plants and wildlife can survive. [Read More…]  

Oil and gas systems security gains focus by Jyoti Lalchandani, posted on Gulf News

The protection of commercially sensitive data has long been a top challenge and priority for most oil and gas companies. The issue has gained even more importance over the last three years following a series of high-profile cyber attacks that have specifically targeted the oil and gas industry since 2011.  [Read More…]  

Obama Arctic Plan Falls Short Says Treadwell, posted on SitNews

Alaska Lt. Governor Mead Treadwell today told a gathering of oil and gas experts at an Arctic technology conference that President Obama’s recently released implementation plan for the nation’s Arctic strategy misses the mark.  [Read More…]  

Meet the World’s Most Successful Oil and Gas Explorer by Argun Sreekumar, posted on Daily Finance

It’s no secret that the oil and gas exploration business has become tougher over the past several years, as the world’s reserves of so-called “easy oil” have been largely depleted or are zealously guarded by foreign governments. [Read More…]  

Arctic Council Group Talks Oil Spill Policies by Mallory Peebles, posted on NBC KTUU

Girdwood is hosting dozens of international delegates working as part of the Arctic Council to protect the marine environment of the world’s northernmost waters. The group, known as Protection of the Arctic Marine Environment, had its first meeting in Alaska Wednesday. [Read More…]  

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