Northern exposure: Ice melt inspires race for Arctic riches

Six countries have broken the ice and won Arctic Council observer status at the latest conference. Melting Arctic ice is exciting countries remote from the region, seeking access to promising hydrocarbon deposits and new logistics routes.

May 15, 2013 04:59

China to ship up to 15% of trade through the Arctic

A Chinese shipping company is planning the state’s first commercial voyage though the Nothern Sea Route to the United States and Europe in 2013. By 2020 China could transfer up to 15% of the country's international trade through the Arctic.

March 18, 2013 12:18

‘US anti-missile reshuffle, really, aimed at control over Arctic resources’

The primary goal of the US plans to bolster missile defense in Alaska isn’t about tackling a North Korean threat, but putting a claim on the natural resources of the Arctic, former MI5 intelligence officer, Annie Machon, explained in an interview RT.

March 16, 2013 19:45

Norway finds 1.9bn barrels of hydrocarbons on territory ceded by Russia in 2010

Norway has discovered reserves of 1.9 billion barrels of oil and gas under the Barents Sea in an area Russia ceded in 2010.

March 04, 2013 15:02

Battle for Arctic key for Russia’s sovereignty – Rogozin

Russia may lose its sovereignty in about 40 years if it fails to clearly set out its national interests in the Arctic, believes the country’s Vice Prime Minister Dmitry Rogozin.

December 04, 2012 15:11

Russia discusses Arctic oil licenses for foreign companies

Russia is considering allowing foreign oil companies not only to operate on its Arctic shelf, but also to own licenses for exploration in the country’s Arctic waters.

October 05, 2012 10:16