Open letter against international credits integration into the EU 2040 climate target and NDC
Bellona Europa alongside CAN Europe, Carbon Market Watch and 124 other civil society organisations, academia and businesses have written to the Europ...
News
25 percent of unexplored reserves of oil and gas located in Arctic
Publish date: March 28, 2006
Shortcuts on this page
News
25 percent of unexplored reserves of oil and gas located in Arctic
This data of American Geological Service was announced by Robert Bley from Shell Exploration & Production in his speech about Arctic’s importance for supplement of growing world demand in energy resources.
There are also many opened reserves in Arctic. Nowadays Shell works on many projects located in Arctic. Such projects, as “Sakhalin-2”, “Salym” and “Kashagan” are not totally “arctic”, but characterized by extremely severe conditions and faraway location, Oilcapital reported.
Projects, connected with Canadian and Alaskian reserves investigation are “really arctic”. According to the Shell’s representative, many technological solutions, applicable for offshore works in the Northern Sea can be modified and used for marine projects in Arctic.
More News
All news
Short sea shipping must be electrified: Insights from Norway
Global shipping is responsible for around 3% of greenhouse gas (GHG) emissions. Just last month, in April 2025, the International Maritime Organisati...
Press Release – European Commission landmark decision on O&G accountability under NZIA
The European Commission yesterday published the long-awaited Decision that operationalises Article 23 of the Net-Zero Industry Act (NZIA), assigning ...
Joint letter – Time to strengthen EU-UK cooperation by linking the EU and UK ETS
In the run up to the EU-UK Summit on May 19th, Bellona and a broad coalition of EU and UK stakeholders are calling on the European Commission and the...
Subscribe to our newsletter
Get our latest news