Resources

Arctic Combat – online game simulates war over Arctic resources

Webizen’s new online FPS (First Person Shooter) game, called Arctic Combat, is based on war over Arctic resources. According to the game’s prospectus:

“The conflict between the US and Russia rises more and more as past disputes are once again reminded. Battles have started in the Arctic region and is […]

2012/10/28|

Tullow Oil Plans Arctic Exploration Drilling

Shares in Tullow Oil (LON:TLW) gained 14 percent and closed at £14.18 on Monday after the FTSE 100 group announced it is going to join the race for oil riches in the Arctic.

Maersk and Tullow Partnership

On 15 October The Telegraph reported that Tullow Oil has taken a 40 percent […]

2012/10/16|

Europe rejects ban on Arctic oil drilling

The European parliament’s industry committee has rejected attempts to introduce a moratorium on offshore oil and gas drilling in the Arctic, overruling a contrary vote by its environment committee last month.

The key vote in the industry committee yesterday (9 October) instead proposed a new directive to ensure that companies […]

2012/10/10|

Russian scientist predicts riches for Canada & Russia once a deal is agreed

ST. PETERSBURG – The scientist responsible for preparing Russia’s claim to seabed rights at the top of the world says Canada and his country are both poised to reap staggering economic benefits when a deal on who owns title to what in the northern ocean is finally struck.

“Canada has […]

2012/10/09|

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