Tag Archives: Arctic oil

The rocks beneath the Arctic may be awash with oil, but it seems that few energy companies are in a hurry to extract it.  In Alaska, attempts by the Trump administration to revitalise the Arctic oil industry seem to have fallen flat.  According to VOA News: “Seven bids were received, …

The supposed silver lining in the large storm cloud that is global ice melt, was that in the absence of the Arctic ice cap, oil companies would be free to drill into virgin seabed. Nowhere was this more so than the Barents Sea above Norway’s North Cape, which was promoted …