The ultimate irony: global warming opens up oil reserves under the Arctic Ocean

Statoil already there: Much of the oil and gas is thought to be
below the Barents Sea north of Norway and Russia, where Statoil has set
up the Snow White project, which extracts gas for export to the US.

The Australian, 30/1/2006, p. 12

Source: Erisk – www.erisk.net