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Commodities Briefing - Categorized | Oil, Trading more

Russia’s oil industry spills 30 mln barrels a year

Posted on 17 October 2013

Last month Greenpeace protestors attempted to board the Prirazlomnove oil platform to hang a protest banner against Arctic Sea oil drilling. In a report from February this year, titled “Point of No Return”, Greenpeace identified new oil drilling in the Arctic seas as one of the biggest threats to the environment that is currently ignored by world governments.
“Oil companies plan to take advantage of melting sea ice … to produce up to 8 million barrels a day of oil and gas. The drilling would add 520 million tons of CO2 a year to global emissions by 2020.”……………………………………….Full Article: Source


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