Putin's Arctic invasion: Russia lays claim to the North Pole - and all its gas, oil, and diamonds

Russian President Vladimir Putin is making an astonishing bid to grab a vast chunk of the Arctic - so he can tap its vast potential oil, gas and mineral wealth.

His scientists claim an underwater ridge near the North Pole is really part of Russia's continental shelf.

One newspaper printed a map of the "new addition", a triangle five times the size of Britain with twice as much oil as Saudi Arabia. Full Story »

Posted by Kaizar Campwala
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Subjects: World, Business
Topics: Russia, Oil and Gas
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Posted by: Posted by Kaizar Campwala - Jun 29, 2007 - 11:14 AM PDT
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