Arctic

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Look Out, Santa: Russia Claims North Pole

Rich oil and gas reserves lie beneath ownership dispute

(Newser) - Russian ships will arrive at the North Pole today as part of Moscow's effort to claim a 1,240-mile area of the Arctic—and with it, more than $2 trillion in oil and gas reserves. The Telegraph reports that the fleet will deposit a Russian flag at the bottom of...

Russians Advance on North Pole
Russians Advance on North Pole

Russians Advance on North Pole

With eye on energy-rich seabed, submarines make test dive

(Newser) - In a race to claim rich natural resources under the North Pole, two Russian submarines successfully dove several thousand feet in Russia's northern territorial waters today, Reuters reported. Though US and Russian subs have long plied the waters under the pole, none has reached the seabed there, at a depth...

Russia Stakes Claim to Oil-Rich Arctic Territory

Kremlin claims underwater shelf links huge chunk to Russia

(Newser) - Russia has claimed a massive, oil-rich chunk of the Arctic, despite international laws that block ownership of the territory. The Kremlin based its move on scientists' insistence that an underwater shelf links Russia to 460,000 square miles of the North Pole, which contains 10 billion tons of oil and...

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