Friday, September 28, 2012

Exxon, Rosneft eye oil in nuclear wasteland

Exxon Mobil and Rosneft are planning to drill for oil in the?Kara Sea, which the Soviet Union used as a dumping ground for radioactive material for more than 25 years, according to OilPrice.com.?

By James Burgess,?Guest blogger / September 27, 2012

A view of the Exxon Mobil refinery in Baytown, Texas, in this September 2008 file photo. Exxon Mobil and Rosneft are planning to drill in a former nuclear dump which is estimated to hold enough oil to supply the world for five years, Burgess writes.

Jessica Rinaldi/Reuters/File

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It has been well documented that oil majors from around the world are looking at oil exploration in the Arctic, where they believe that some of the largest untapped fields in the world still lie. Environmentalists have been fighting efforts to start exploring for oil, fearing that any serious oil spill could mean the destruction of one of the last pristine wildernesses on the planet.

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offers extensive coverage of all energy sectors from crude oil and natural gas to solar energy and environmental issues. To see more opinion pieces and news analysis that cover energy technology, finance and trading, geopolitics, and sector news, please visit?Oilprice.com.

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In the Kara Sea, where Exxon Mobil and Rosneft are planning to drill a region which is estimated to hold enough oil to supply the world for five years, environmentalists have a new reason to fear for the environment; nuclear radiation.?(RELATED:?Oil is Not Looking So Hot)

The Kara Sea is so remote that the Soviet Union used it as a dumping ground for radioactive material for more than 25 years. The two oil companies have avoided calls for the nuclear waste, estimated to consist of over 17,000 barrels of radioactive waste, worn-out reactors, and even an old nuclear submarine, to be cleared up before any exploration takes place.
Scientists from the Norwegian Radiation Protection Authority (NRPA) will soon present the results from their first survey in the area for 18 years, to determine whether or not the radiation is stable or increasing.
Rosneft released a statement to try and reassure the public that??all ecological and nature protection norms are being followed at the same time,? using ?the the best world practices available.?

The most dangerous item down on the sea floor in that area is the K-27 nuclear submarine, which was dumped their by the Soviet navy in 1981. The NRPA said that any significant corrosion could damage the ships reactor and cause an environmental disaster. (RELATED:?Big Oil Funding U.S. Politics)
Per Strand, a director at the NRPA, warned that??there might be a hypothetical possibility that the spent nuclear fuel in the reactor in extreme situations can cause an uncontrolled chain reaction, which can lead to heat and radioactivity releases.?
Igor Kudrik, an ecologist from Norwegian campaign group Bellona, suggests that??oil companies should make sure that the area is swiped clean of nuclear waste before they start any oil exploration activity.?

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Source:?http://oilprice.com/Latest-Energy-News/World-News/Exxon-Rosneft-Plan-to-Drill-for-Oil-in-Old-Soviet-Nuclear-Dumping-Ground.html?

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Source: http://rss.csmonitor.com/~r/feeds/csm/~3/esVR0PQsdDs/Exxon-Rosneft-eye-oil-in-nuclear-wasteland

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