Italian oil giant’s $5.5bn project in Norwegian Arctic set to launch by the conclude of the yearItalian oil giant Eni has vowed to press ahead with oil production in the Arctic by the conclude of the year,undeterred by Shell’s decision to abandon its quest for Arctic oil.
As environmentalists celebrated Shell’s retreat from the Chukchi Sea this week, Eni is meanwhile making final preparations to a $5.5bn (£3.6bn) project in the Norwegian Arctic. Related: Karl Ove Knausgaard condemns Norway's Arctic oil plans Continue reading...
Source: theguardian.com