E&E News: Cost of producing Arctic oil and gas remains well above market prices Last week, federal regulators approved Royal Dutch Shell PLC's plan to begin exploratory drilling off the north coast of Alaska. A year ago, Exxon Mobil Corp. entered into partnership with Rosneft, the Russian state oil company, to explore for oil and gas in the Arctic Kara and Black seas. From China to Norway, nations are moving to assemble fleets of icebreakers capable of penetrating the far north. Is the race for the Arctic's vast mineral resources finally [...]