Remove Legal Remove Oil Prices Remove Russia Remove Wind
article thumbnail

Arctic oil on life support

Green Car Congress

Oil companies are scratching their heads trying to figure out how to deal with a collapse in oil prices, now below $50 per barrel. Statoil, the semi-state-owned oil company from Norway, has been an offshore leader and Arctic pioneer. In Russia, Arctic dreams are also going to disappoint, although for different reasons.

Oil 150