Photo: Karsten Bidstrup
New western sanctions targeting technology and expertise for Russia’s oil sector have brought into jeopardy ExxonMobil’s USD 700 million joint venture with Rosneft to develop oil fields in the Arctic Kara Sea (BO). While Exxon weathered previous sanctions and planned to continue the venture, the new sanctions have pressed Exxon to announce its withdrawal from the Kara Sea project. Though Exxon received a waiver from the U.S. Treasury Department to continue working with Rosneft to safely close down and secure the well.
How We Learned to Stop Worrying About China's Arctic Ambitions: Understanding China's Admission to the Arctic Council
Global coverage of Arctic geopolitics since 2007 has fed simplistic narratives about the potential for conflict in the region in ways that the eight Arctic states have struggled to counter. In these narratives, the Arctic is represented as an emerging theatre of conflict, the next 'scramble' (invoking 19th century colonial imaginations of Africa) or the last pristine wilderness of the Earth. More recent recognition of the generally cooperative atmosphere characterising relations between Arctic states has led some analysts to turn their attention to the 'rise of China'.
Map: The Arctic Institute
Defense and Security
By Andreas Østhagen, April 30, 2014
Canada’s recent decision to boycott an Arctic Council task force meeting held in Moscow is a direct example of how the Ukraine conflict is starting to impact Arctic cooperation. Given its prominent position in the Arctic, however, Russia is integral to most schemes for the region’s future development.
By Marc Jacobsen, July 28, 2014
One of the first things the Greenlandic politicians will be confronted in with when they return to Inatsisartut, is a legislative proposal by the current Naalakkersuisut that may limit the public’s right to access documents concerning the development of Greenland’s vast raw materials.
Photo: MFA Norway
Although currently occupied with more urgent issues affecting the EU’s Eastern Neighbourhood, the Council of the European Union, adopted its latest conclusion on the Arctic.
Map: Patrick Kelley
By Malte Humpert, November 23, 2013
Every time Arctic sea ice extent reaches a new record low a host of new reports and studies predict a rapid increase in shipping activities in the Arctic. Expectations are high that Arctic shipping routes, particularly the Northern Sea Route, will rival traditional shipping routes.
By Kathrin Keil, January 13, 2014
The 2013 shipping season along the Northern Sea Route (NSR) concluded in late November when the Russian-flagged „Indiga“ reached its port of destination on 27 November 2013. Expected increases of Arctic transit volumes are significant traffic is predicted to grow to 4 millions tons per year by 2015.
Oil & Gas
By Andreas Østhagen, October 24, 2014
The starting point for regional governments is a desire for economic development and prosperity. Whether the end-goal is economic independence or sustaining higher levels of income, this has led some Arctic regions pursuing natural resource development at a rapid pace.
Map: Patrick Kelley
By The Arctic Institute, September 1, 2014
Map: own work
By Malte Humpert, September 21, 2014
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The Arctic Institute is an interdisciplinary, independent think tank focused on Arctic policy issues.
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