Tag "Barents Sea"
Europe
Natural resources and energy
Norway still optimistic over Arctic oil
The drastic fall in oil prices has made petroleum explorations in the Barents Sea seemingly unprofitable. Yet, despite severe economic, technological and environmental concerns, the Norwegian government pushes for increased activities,
Economics
International
Northeast Passage to revolutionize global shipping
Developing the Northeast Passage could revitalize Arctic regions, allow the shipping industry to bypass politically unstable areas and reduce travel costs and carbon emissions. But the project is dependent on
International
Natural resources and energy
Russia plans to win the Arctic race
Russia’s behavior in the Arctic reveals a strong prioritization of national economy and energy security at the expense of environmental sustainability. This behavior has an important effect on the region, to