Obama Administration Proposes Oil and Gas Drilling in Atlantic Ocean
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Obama Administration Proposes Oil and Gas Drilling in Atlantic Ocean

The Obama administration unveiled a plan on Tuesday that would open up a large swath of federal waters off the coast of the eastern United States to oil and gas drilling. Under the plan, drilling in the Atlantic could span from Virginia to Georgia. “This is a balanced proposal that would make available nearly 80…

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Exxon Mobil Begins Drilling Russia’s Arctic Waters in Spite of Sanctions

Despite increasing western sanctions against Russia over the crisis in Ukraine, Exxon Mobil has begun drilling their first well in Russia’s pristine Arctic territory on Saturday. “Today, commercial success is driven by efficient international cooperation,” Reuters reported Russian President Vladimir Putin as saying on a video conference with Glenn Waller, ExxonMobil’s lead manager in Russia,…