In Greenland’s hunt for oil, all’s quiet on the west coast

In Greenland’s hunt for oil, all’s quiet on the west coast

Despite attracting considerable attention initially, three on-shore drilling areas on Greenland’s western coast have turned out to be something of a bust. The Dec....
Imperial Oil, BP in limbo after Canada freezes Arctic drilling

Imperial Oil, BP in limbo after Canada freezes Arctic drilling

Energy firms including Imperial Oil and BP will get a year of consultations to hash out the fate of their rights in Canada's Arctic...
New milestone in Alaska gas line project: The state is taking over

New milestone in Alaska gas line project: The state is taking...

The state gas line corporation on Wednesday reached a milestone in its effort to take over the Alaska LNG project, authorizing two agreements with Exxon Mobil,...
Ban on new Arctic drilling gives Canada leg up -U.S. lawmakers

Ban on new Arctic drilling gives Canada leg up -U.S. lawmakers

OTTAWA — U.S. lawmakers on Wednesday slammed an agreement made with Canada to ban offshore Arctic drilling, saying Ottawa's plan to review its ban every...
Obama said to use 1953 law to block sale of new offshore drilling rights in much of U.S. Arctic, Atlantic

Obama said to use 1953 law to block sale of new...

WASHINGTON -- President Barack Obama is preparing to block the sale of new offshore drilling rights in much of the U.S. Arctic and parts...
Battle over drilling in Arctic refuge expected to heat up in next Congress

Battle over drilling in Arctic refuge expected to heat up in...

SEATTLE -- Amid the fierce partisan politics that dominate Congress, Alaska Republican Sen. Lisa Murkowski and Washington Democratic Sen. Maria Cantwell have displayed a...
‘Surprising’ oil-lease sale on Alaska’s North Slope and coastal Arctic waters draws big bids

‘Surprising’ oil-lease sale on Alaska’s North Slope and coastal Arctic waters...

In the wake of two big oil discoveries in Alaska in the past year, exploration companies brushed aside concerns of low oil prices on...
Swedish Baltic Sea island Gotland says ‘no’ to harbor deal with Nord Stream

Swedish Baltic Sea island Gotland says ‘no’ to harbor deal with...

STOCKHOLM — The Swedish Baltic island of Gotland has heeded government security concerns and will reject a request from Russian gas firm Gazprom to rent...
Lofoten sees better future without oil

Lofoten sees better future without oil

To drill or not to drill in the Lofoten waters: That is a question which has marred Norwegian politics for almost a decade. Now,...
Rosneft sells 19.5 percent stake to foreign investors

Rosneft sells 19.5 percent stake to foreign investors

The Russian oil company Rosneft has sold a 19.5 percent stake in the company.By doing this, they have successfully completed a government privatization plan...