BP and Rosneft form global alliance to explore oil in Russian Arctic
BP and Rosneft, two of the world’s largest oil companies, have formed a “global alliance” to explore three license blocks…
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…