10 Jul

Russia gets ready for large drilling in the Arctic

There be black gold under them snows… (via Alex Avriette)

“Last year, Russian state-controlled oil conglomerate Rosneft became the largest oil company in the world after acquiring one of its major competitors. The company has had its sights on tapping Russia’s vast, treacherous Arctic reserves, and after making a few huge deals, it looks like it now has the resources needed to do so.”

(Via Russian Oil Behemoth Rosneft Has Unlocked the Arctic | Motherboard.)