Energy Market

The Military Gambit Behind Putin’s Arctic Ambitions For Russian Oil

By James Henderson The United States Geological Survey has estimated that the Arctic regions contain around 130 billion barrels of liquids and 47 trillion cubic metres of gas, equivalent to 22% of the world’s undiscovered hydrocarbon resources. It is hardly surprising then that all the countries whose coasts encircle the region, the US, Canada, Greenland, Norway … Continue reading →