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BP lost again in Arctic deal to ExxonMobil: sources

2013-03-05 03:52:22| Energy - Topix.net

BP , which lost its first deal to drill for oil in Russia's Arctic to ExxonMobil , tried to negotiate a new deal with Russian state oil company Rosneft and was again beaten to the punch by its U.S. rival.

Tags: to lost deal sources

 

BP lost again in Arctic deal to ExxonMobil: sources

2013-03-05 03:44:54| Oil & Gas - Topix.net

BP , which lost its first deal to drill for oil in Russia's Arctic to ExxonMobil , tried to negotiate a new deal with Russian state oil company Rosneft and was again beaten to the punch by its U.S. rival.

Tags: to lost deal sources

 
 

Arctic ice-melt will bring frosty relations as nations navigate across North Pole

2013-03-04 21:36:00| Climate Ark Climate Change & Global Warming Newsfeed

Independent: The loss if sea ice in the Arctic will allow ships to navigate freely across the North Pole by the middle of the century and could lead to unprecedented geo-political tensions between countries that have territorial claims in the region, scientists said. Ice-breaking ships that are only moderately strengthened against sea ice will be able to cross the Arctic Ocean with impunity during the late summer months starting from about 2050, the scientists found in a study of how the loss of the floating...

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Climate change, Arctic amplification, Jet stream causing Extreme weather

2013-03-03 07:39:00| Climate Ark Climate Change & Global Warming Newsfeed

Bay Area Indymedia: "An important part of the global air motion in the mid-latitudes of the Earth normally takes the form of waves wandering around the planet, oscillating between the tropical and the Arctic regions. So when they swing up, these waves suck warm air from the tropics to Europe, Russia, or the US, and when they swing down, they do the same thing with cold air from the Arctic," explains lead author Vladimir Petoukhov. "What we found is that during several recent extreme weather events these planetary...

Tags: change weather extreme stream

 

Swift reaction as Shell suspends 2013 Arctic Alaska offshore drilling

2013-02-28 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Alaska Dispatch: After a spate of mishaps and mechanical issues that beleaguered Royal Dutch Shell's bid at offshore drilling in Arctic Alaska, the company announced Wednesday it would suspend its 2013 drilling season. Shell is pausing in order "to prepare equipment and plans for a resumption of activity at a later stage," the company said in a statement. Shell's first year in the Alaska Arctic -- after a long permitting process and billions of dollars invested -- proved troublesome. Stubborn sea ice hampered...

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