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On June 26, Imperial Oil, on behalf of its partners BP and ExxonMobil, informed the National Energy Board it would not apply as planned for an exemption from the board's same season relief well (SSRW) capacity requirement. Could it be that the oil majors have finally recognized that no collection of subsea intervention devices, blowout preventers, and capping stacks can do what a timely relief well can?
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We have chosen to focus our efforts on one of the most critical -- and most debated -- aspects of offshore drilling: the ability to stop a ruptured well from gushing crude oil into the Arctic Ocean in a timely fashion. For us, this is the most risky, most troubling issue that could arise, as illustrated in WWF's recent Beaufort Sea oil spill modelling research.
Today, we're releasing new research that explores how oil spills from a range of sources would travel through the region, and the likelihood of it spreading different distances.These results provide critical information to shape decisions on Arctic development.
This year, something incredible happened and the planets appear to be lining up for the Northwest Territories. A major discovery of oil in shale deposits was made this year near Norman Wells (900 miles north of Edmonton and 300 miles south of Inuvik) and a bidding and drilling frenzy is underway.
The Arctic Ocean could open for regular commercial shipping within the next five to 10 years, according to a Canadian polar scientist who conducted research for the International Polar Year Conference...
Team Canada's heartbreaking defeat at the World Junior Hockey semifinals has many Canadians thinking ruefully about their Russian rivals on ice. But they'd be wise to pay attention to another Russian rivalry: Vladimir Putin's aggressive new push to expand Russian arctic sovereignty claims.