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Russia Begins Development on Arctic Oil Project That Will Produce 25 Million Tons of Oil Per Year

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Russia’s national oil company has begun construction on a massive project in the Arctic that officials say will produce 25 million tons of oil each year by 2024. The new operation is possible only because the Arctic is now traversable in places and at times it previously wasn’t, due to sea ice levels plummeting as the…

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Source: gizmodo.com