International

"Insight: Arctic Has Great Riches, But Greater Challenges"

"At the rim of the Arctic Circle in Canada, gold mining firm Agnico-Eagle is learning how tough it is to operate in a remote region with temptingly large, but frustratingly inaccessible, reserves of oil, gas and minerals. Commentators rarely mention nightmarish logistics, polar bears and steel-snapping cold when they confidently predict that as the Arctic warms up, melting sea ice and shorter winters will open up the expanse to exploration."

Source: Reuters, 09/02/2011

"Exxon Reaches Arctic Oil Deal With Russians"

"MOSCOW — Exxon Mobil won a coveted prize in the global petroleum industry Tuesday with an agreement to explore for oil in a Russian portion of the Arctic Ocean that is being opened for drilling even as Alaskan waters remain mostly off limits.

The agreement seemed to supersede a similar but failed deal that Russia's state oil company, Rosneft, reached with the British oil giant BP this year — with a few striking differences.

Source: NY Times, 08/31/2011

"Bird Flu Back on the Rise, U.N. Warns"

"Bird flu was in decline -- but health officials warned Monday that it appears to be on the rise again. The United Nations' Food and Agriculture Organization (FAO) "urged heightened readiness and surveillance against a possible major resurgence" of the virus, which has crossed over from birds to infect 565 people and kill 331 of them since its appearance in 2003."

Source: LA Times, 08/30/2011

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