The rich, cream-and-chocolate room furnishings, delicate finger foods and “speed networking” sessions at the five-star Jumeirah Carlton Tower hotel in Knightsbridge, London, are just what you would expect from an oil industry get-together. But the faux leopard-skin chairs and radiators belting out heat feel at odds with the discussion about the ice and snow-bound Arctic, the latest hydrocarbon “frontier”. There is certainly a warm glow of excitement among investors in the room when oil explorer, Mike Watts, takes the podium at the event, billed as an ‘oil and gas outlook Arctic day’. The man in a trademark City white shirt and sober tie is the deputy chief executive of Cairn Energy, the Scottish company at the epicentre of the new oil rush.
http://www.guardian.co.uk/environment/2011/jul/05/oil-supplies-arctic






The amount of proven
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