Nunavut oil and gas deposits likely much lower than previously believed, says scientist
Posted inCanadian News Climate economy

Nunavut oil and gas deposits likely much lower than previously believed, says scientist

Recent assessments suggest that oil and gas reserves in Nunavut may be significantly overestimated. Research indicates only 58.3 trillion cubic feet of natural gas and 2.7 billion barrels of crude oil exist, much lower than government figures. A new analysis of offshore reserves may further revise these estimates, highlighting the impact of geological differences.
Speaker of the Nunavut Legislative Assembly David Joanasie raises the Greendlandic flag at the territorial legislature on Jan. 20. William Koblensky Varela/NNSL photo
Posted inCanadian News LJI News Nunavut

Greenland flag raised at Nunavut Legislature

On January 20, the Greenlandic flag was raised in Nunavut amidst heightened tensions following a provocative social media post by President Trump. Greenland’s Prime Minister cautioned against potential American aggression, while local leaders, including Nunavut's Premier, expressed solidarity with Greenland, emphasizing cultural ties and NATO's commitment to Arctic security.