Shell prepares for Arctic drilling but loses key permit
The NPR has a four-minute clip from Morning Edition discussing Shell’s plans to drill in the Arctic. Journalists from NPR…
Russia sells massive oil deposits to Bashneft
Bashneft has bought the Trebs and Titov onshore oil deposits in Russia’s Timan-Pechora province for a reported 18.5 billion rubles…
Greenland seeks $2 billion bonds from oil companies to cover spills
Greenland is requiring companies that drill in its waters to pay for a $2 billion bond upfront – before drilling…