... most thorough approach to environmental protection and use of the most perfect and protected technologies. Currently, in fact, no effective methods exist to deal with oil spills in harsh conditions of the Far North involving a specific alternation of day and night and considerable remoteness, thousands of kilometers, from industrial urban centers. Consequences of oil spills and other unfavorable human-induced events for vulnerable Arctic nature can be disastrous since it is extremely difficult to organize prompt mitigation of such consequences. In view of the above restrictions, the Ministry of Natural Resources and Environment of ...
Policy brief #8/2016
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 ...
Domestic Aspects of Developing U.S. Arctic Resources
With Alaska and adjacent seas increasingly attracting everybody's attention because of their vast resources,... ... output. That mine also
produces
3 percent of global and 33 percent of American lead.
Alaska is also America's second largest oil producer, at 20 percent of the total extracted volume. And more huge oil and gas-bearing formations have been discovered in ...
... funeral of their firm and their likely career, but aside from majors, state governments are also doing their bit. Hayes stressed that the US is forcing firms like Shell to only enter the Arctic if they bring their best equipment and know-how. As the Arctic is absent of infrastructure and there is no stationed tools in the case of an accident, so a major cannot just try to redirect from nearby. USA has demanded that capping-stacks are always available if drilling as well as oil well replacement parts and special collector vessels that can quickly sweep up spills if they do occur. In 2012 drilling was postponed as Shell did not have such vessels in the vicinity, as the risk of oil hitting ice is unthinkable – purely ...
At the same time as the Pentagon released its first Arctic Strategy with the goal of protecting U.S. interests in the region and saving the region’s environment, Russian officials,... ....Z.: Well, the U.S. and Canada have very, very strict environmental restrictions. which also now include the lessons from the oil spill in the Gulf of Mexico. If the same incident happens in the Arctic, the consequences will be much more disastrous not ...