Arctic Treaty With Norway Opens Fields

A 44-year border dispute between Russia and Norway in the icy expanses of the Barents Sea was finally laid to rest Thursday as a new delineation treaty entered force. The agreement opens up a previously untouched 175,000-square-kilometer area for exploration, estimated to contain up to 6.8 billion tons of oil and gas. The resolution of political tensions in the so called “gray zone” was the result of years of work by the Russian […]