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Russia vows to open up Arctic to oil and natural gas drilling

Russia's President Vladimir Putin chairs an energy meeting at the Kremlin. Putin has vowed to conquer ever broader expanses of the Arctic for Russia's oil and natural gas giants while inviting foreign majors to take part in the development boom. (AFP Photo/Mikhail Klimentyev)

President Vladimir Putin vowed on Tuesday to conquer ever broader expanses of the Arctic for Russia’s oil and natural gas giants while inviting foreign majors to take part in the development boom. Russia’s dominant leader invited both senior executives and ministers to the first major meeting devoted to energy since…

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