Tag: oil

Russia “Rushes” to the Arctic Circle as Ice Recedes

What would you say if someone asked you to describe the Arctic? Perhaps you would mention that it is an old ice block, unmoving and resilient to the change, stubborn and solitary in response to humanity’s greed. Or you might comment on the effects of global warming and melting ice-caps. […]

The liability falls where in Alberta?

The Canadian province of Alberta said on May 6, 2021, that it will allow oil sand mining companies to change how their liability will be calculated when oil prices begin to fall. Alberta holds just under $1 billion Canadian dollars ($822.37 million US dollars) in security for oil sands mines. […]