Just a few days ago the Arctic Council met in Nuuk, Greenland. What appeared as an innocent ‘talk-shop’ may have pulled the trigger. The presence of Hillary Clinton and Ken Salazar made clear the US have an eye on the Arctic resources.
An important outcome of the Council was the agreement on SAR missions between the relevant countries, United States, Russia, Canada, Iceland, Denmark, Norway, Finland and Sweden. Now investments in an area of 13 million square miles of ocean around North Pole are less risky and therefore less expensive.
USGS estimated some 90 billion barrels of oil, 1,669 ...-> continue reading
Shell Offshore Inc. submitted a revised Exploration Plan last week. The company plans to double its efforts off Alaska's Arctic shore over the next two years. AP cites Shell Alaska spokesman Curtis Smith saying the company will seek permission to drill four wells in the Beaufort Sea and six in the Chukchi Sea using two drilling ships.
The ArcticSounder published a comment by Earl Natchiq Kingik asking Shell to proof their ability to clean up a spill in the Arctic's extreme and challenging conditions.-> continue reading