Arctic - News, Trends, Arctic Links

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Shell, ConocoPhillips spending millions on Arctic Research

Royal Dutch Shell (ADR: NYSE: RDS.A) and ConocoPhillips are going well outside their domains of expertise, spending $100 million per year on biological and geological research in the Arctic, studying such things as climate change and environmental factors affecting polar bears, seals, walrus, and whales. - Read More

Tags : arctic oil shell conocophillips oil oil exploration

Topics : Oil and Gas Oil

Methane hydrates that could get released from Arctic

Methane (CH4) has at least 20 times the heat-trapping effect of an equivalent amount of carbon dioxide (CO2). As warmer air thaws Arctic soils, as much as 50 billion metric tons of methane could be released from beneath Siberian lakes alone, according to Walter?s research. That would amount to 10 times the amount currently in the atmosphere.

Tags : methane greenhouse gases

Topics : Oil and Gas

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