August 29, 2011

Asian Juggernaut Eyes Canada's Arctic

Michael Byers, Globe and Mail

AP Photo

Most of the world’s cargo ships traverse the Pacific as they service the economic powerhouses of Asia. Fully 77 per cent of China’s oil imports pass through the Strait of Malacca between Malaysia and Indonesia. In Beijing, this strategic weakness is referred to as the “Malacca dilemma.”

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TAGGED: Arctic, Arctic Ocean


May 11, 2012
The Coming Arms Race for Oil in the Arctic
Bob Reiss, Fortune
The race for oil in the Arctic is on. As the polar ice cap retreats, energy companies are looking north for a potentially huge new source of crude supply. In April, Exxon Mobil (XOM) and Russian oil giant Rosneft announced a... more ››