Search for Arctic oil

14.11.2013 China, Norway May Jointly Look for Arctic Oil

Section: News
Tags: China; Norway; Arctic oil; CNOOC; Iceland

Norway is deciding whether to team up with China to explore for oil in Iceland, Reuters reported on November 13, citing Icelandic authorities said, setting up a rare cooperation for the two since a diplomatic row over the award of the 2010 Nobel Peace Prize to Chinese di

12.11.2013 Russia to Produce First Arctic Oil in December

Section: News
Tags: russia; Arctic oil; Pechora Sea; Prirazlomnaya Platform; Nenetsky area

Russia’s first offshore ice-resistant fixed platform Prirazlomnaya will start commercial oil production in the Pechora Sea in the Arctic in December, Itar-Tass has reported, citing the press service of the Nenetsky autonomous area.