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In May 2024, it was reported that Russia had discovered extensive oil and gas reserves in the Antarctic, with a significant portion found in areas claimed by the United Kingdom. The estimated reserves, totaling 511 billion barrels of oil, raise concerns about potential drilling in a region protected by the Antarctic Treaty, which prohibits ...
Approximately 1.9 billion barrels (300 × 10 ^ 6 m 3) of oil and 32.4 trillion cubic feet (9.2 × 10 11 m 3) [7] of natural gas were found in 73 discoveries, mostly in the two basins mentioned above, as well as further south in the Mackenzie Valley. Although certain discoveries proved large, the discovered resources were insufficient to justify ...
The Russian expedition led by Fabian Gottlieb von Bellingshausen and Mikhail Lazarev, on the ships Vostok and Mirny. [31] The discovery was described with the problematic term "materyi led" (Russian: матёрой лёд) which can be translated as "hard ice". The route of this expedition was eastward, as far south as the ice conditions permitted.
Prirazlomnoye field is an Arctic offshore oilfield located in the Pechora Sea, south of Novaya Zemlya, Russia, the first commercial offshore oil development in the Russian Arctic sector. The field development is based on the single stationary Prirazlomnaya platform, which is the first Arctic-class ice-resistant oil platform in the world.
Bellingshausen Station (Russian: станция Беллинсгаузен) is a Russian Antarctic station at Collins Harbour, on King George Island of the South Shetland Islands. It was one of the first research stations founded by the Soviet Antarctic Expedition in 1968.
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A dolphin rehabilitation centre in Russia's Krasnodar Territory told Interfax news agency that around 70 dead dolphins have been discovered on the shores following the latest oil spill.
"The opening of ANWR is projected to have its largest oil price reduction impacts as follows: a reduction in low-sulfur, light crude oil prices of $0.41 per barrel (2006 dollars) in 2026 for the low oil resource case, $0.75 per barrel in 2025 for the mean oil resource case, and $1.44 per barrel in 2027 for the high oil resource case, relative ...