Novatek Signs Partners for Arctic LNG-2 Project

Russian gas produce Novatek has closed its search for partners for its proposed Arctic LNG-2 project, adding a subsidiary of China National Petroleum Corporation (CNPC), CNOOC and the Japan Arctic LNG consortium to the project. Novatek's Arctic LNG-2 project proposes constructing three-train LNG export plant with a capacity of approximately 19.8 mmtpa extracted from the … [Read more...]

Melting Ice Caps Are a National Security Crisis: James Stavridis

By James Stavridis (Bloomberg Opinion) -- I spent much of my life in the U.S. Navy, including nearly 11 years on the deep ocean day-to-day, out of sight of land. This really drove home the fact that oceans cover 70 percent of the earth’s surface — all the world’s land would fit comfortably within the Pacific. Oceans produce much of the oxygen we breathe and a great deal of the … [Read more...]

U.S. Sinks Arctic Accord Over to Climate Change Differences -Diplomats

By Simon Johnson ROVANIEMI, Finland, May 7 (Reuters) - The United States has refused to sign an agreement on challenges in the Arctic due to discrepancies over climate change wording, diplomats said on Tuesday, jeopardizing cooperation in the polar region at the sharp edge of global warming. With Arctic temperatures rising at twice the rate of the rest of the globe, the … [Read more...]

Pompeo: Russia and China Actions in Arctic Need Watching

By Simon Johnson ROVANIEMI, Finland, May 6 (Reuters) - U.S. Secretary of State Mike Pompeo said on Monday that Russia is behaving aggressively in the Arctic and China's actions there had to be watched closely as well, amid growing divisions in the polar region over global warming and access to minerals. Speaking as he arrived in northern Finland for a meeting of nations with … [Read more...]

U.S. Judge Strikes Down Trump Order Opening Arctic, Atlantic Areas to Oil and Gas Leasing

ANCHORAGE, Alaska, March 30 (Reuters) - A federal judge in Alaska has overturned U.S. President Donald Trump’s attempt to open vast areas of the Arctic and Atlantic oceans to oil and gas leasing. The decision issued late Friday by U.S. District Court Judge Sharon Gleason leaves intact President Barack Obama’s policies putting the Arctic’s Chukchi Sea, part of the Arctic’s … [Read more...]