Royal Dutch Shell has announced that it will be dry towing its two drill ships anchored in Alaska to ports in Asia for repairs. This means that it likely won’t be drilling in the Alaskan Arctic this summer unless the fixes are somehow completed in time. Two ships are needed whenever drilling is taking place: […]
Australia and the Arctic aren’t often mentioned in the same sentence. One tends to hear more about Australia and Antarctica, since the country has an Antarctic Division and carries out scientific research at the icy continent not so far away from Tasmania. But I think that a comparison of Australia and the Arctic, particularly the […]
Greenpeace Canada has obtained a draft of the Arctic Council’s Agreement on Cooperation on Marine Oil Pollution that officials have claimed is genuine. In a press release on Greenpeace’s website, Christy Ferguson, Arctic project leader for Greenpeace Canada, called the 21-page agreement “effectively useless.” She stated, “Despite promises that this would be the first legally-binding agreement of its […]
Since Rafael Correa was elected president of Ecuador in 2006, the country has become a study in new socialism. It is new because it combines the social aspect of socialism while also relying on market forces. Ecuador, like many developing countries, has suffered from the ill effects of “dependencia,” a system that keeps the nation […]
One chapter of the Deepwater Horizon oil spill, which occurred back on April 20, 2010, has been closed, but not everybody is satisfied with the resolution. On January 29th, U.S. District Judge Sarah Vance approved a November 2012 plea bargain agreement between the British oil giant BP p.l.c. and the United States Department […]
“Do you see an ocean of opportunities or a picture of climate change?” This is the question Maren Esmark, the General Secretary of Naturvernforbundet (Friends of the Earth Norway), asked during her speech at the Arctic Frontiers conference. I’m guessing that many of the conference attendees, particularly, government ministers and representatives from oil and gas companies, would […]
Iran’s revenue from oil exports is off by 40% thanks to the sanctions imposed by the U.S. and EU over the Iranian nuclear program. Oil Minister Rostam Qasemi told the budget commission of the Iranian parliament, “There has been a 40 percent decrease in oil sales and a 45 percent decrease in repatriating oil money.” […]
2013 has not gotten off to an auspicious start for Shell. Its oil rig, the Kulluk, has run aground with hundreds of thousands of gallons of fuel and oil on board. On Monday night, two of Shell’s ships, the Aiviq and the Alert, were towing the Kulluk near the coast of Kodiak Island in southern Alaska […]
Saudi Arabia is perhaps the only remaining country in the world that takes its name from a ruling family — the Al Saud. It has vast hydrocarbon resources that feed the world’s insatiable hunger for energy. It also is an absolute monarchy founded upon religious principles of Wahhabi Islam. The alliance of the Al Saud […]
In a radio interview airing Nov. 17 on Canadian Broadcasting Corporation, Zhang Junsai, China’s ambassador to Canada, told radio host Evan Solomon that Chinese firms are not involved in foreign espionage, “I can assure you that our companies working in other countries are strictly doing business according to the local laws.” Zhang blamed the […]
After a panel discussion at New York University shortly before November’s election, General Wesley Clark (ret.) was kind enough to answer some questions regarding the national security dimension of America’s energy situation. This piece originally appeared in the Kensington Review. Q: What security threats bother you most when it comes to energy issues? General Clark: Over four decades, […]
Chinese construction companies are behind many of the new buildings going up in Yangon While in Yangon, Myanmar last month, I had a chance to talk with several Myanmarese who naturally asked me where I lived. When I told them I lived in China, what struck me most with their response was their anxiety over […]
The U.S. Department of the Interior recently announced that the Bureau of Land Management will issue leases for 4.5 million acres of land in the National Petroleum Reserve in Alaska for oil and gas development. The November 7 lease sale will add to the 3 million acres offered up in the same area last December. […]
At the last Arctic Council meeting in Nuuk, Greenland in May 2011, the eight member states decided to form a task force to write an agreement on Arctic marine oil pollution preparedness and response. This past week in Reykjavik, Iceland, delegates from the eight Arctic Council member states met again for a fifth round of […]
This week’s election in Venezuela was important for reasons outside of Venezuela itself. The victory of Hugo Chavez with over 80% of the electorate voting and a sizable minority voting against the current President showed that Hugo Chavez does have a great deal of support as well as a strong opposition to his economic model. Outside of […]