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The decline in global oil prices that began in the summer of 2014 carries with it a number of risks in assembling a whole range of major oil and gas projects, including shale gas extraction projects, deep-water offshore projects and projects in the Arctic shelf.
In these conditions, despite the ongoing surplus of global oil production in relation to consumption, the question nevertheless arises: how can we maintain current production levels in the medium and long-term and ensure growth in order ...
The Antarctic may serve for Moscow for a tradeoff during any discussion on division of the ... ... Approval is not clear-cut, given opposition from the United States, Canada and possibly Norway. As a result, Russia might well have to unilaterally declare its sovereignty... ... Understanding on Cooperation in the Antarctic
with the United States to signify its partial refusal to consult on the Antarctic with the Latin American states. Meanwhile, the Antarctic...
Possible Scenarios
The Arctic region is turning into an area of protracted geopolitical rivalry. This rivalry ... ... and military considerations. Here are concrete examples to confirm this statement. Norway is NATO’s outpost in the Arctic. Norwegian interests in the region are... ... The Cold Response of 2012 became the largest exercise in recent years, with 16.3 thousand servicemen from 15 countries taking part in it (10 thousand in 2006, 8.5 thousand...