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Exxon CEO talks Arctic oil drilling, risks, lessons
2015-04-02 18:06:37| Oil & Gas - Topix.net
In this March 27, 2015 file photo, ExxonMobil CEO Rex Tillerson delivers remarks on the release of a report by the National Petroleum Council on oil drilling in the Arctic, in Washington.
U.S. Approval Moves Shell a Step Closer to Arctic Drilling
2015-04-01 15:56:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: The U.S. Interior Department on Tuesday upheld a 2008 lease sale in the Chukchi Sea off Alaska, moving Royal Dutch Shell a step closer to returning to oil and gas exploration in the Arctic since it suffered mishaps in the region in 2012. "The Arctic is an important component of the Administration's national energy strategy, and we remain committed to taking a thoughtful and balanced approach to oil and gas leasing and exploration offshore Alaska," said Interior Secretary Sally Jewell. Interior's...
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Arctic ice melt sets yet another record
2015-03-30 20:47:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: Every year around the end of February, after a long winter, Arctic ice reaches its maximum extent. This year that happened around Feb. 25, when it encompassed 14.54 million square kilometers (5.61 million square miles) of ice around the North Pole. Sound like a lot? Its not. Really, really not. This years maximum extent was the lowest on record. The plot above shows the situation. The solid line shows the average ice extent over the year (measured from 1981 to 2010) and the gray area represents...
Oil council: Shale won't last, Arctic drilling needed now
2015-03-27 16:51:52| Oil & Gas - Topix.net
The U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off of Alaska, or risk a renewed reliance on imported oil in the future, an Energy Department advisory council says in a study submitted Friday. The U.S. has drastically cut imports and transformed itself into the world's biggest producer of oil and natural gas by tapping huge reserves in shale rock formations.
Oil council: Shale won't last, Arctic drilling needed now
2015-03-27 16:38:45| Energy - Topix.net
The U.S. should immediately begin a push to exploit its enormous trove of oil in the Arctic waters off of Alaska, or risk a renewed reliance on imported oil in the future, an Energy Department advisory council says in a study submitted Friday. The U.S. has drastically cut imports and transformed itself into the world's biggest producer of oil and natural gas by tapping huge reserves in shale rock formations.
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