Russian oil company Gazprom Neft said it reached a milestone with production at its Arctic Prirazlomnoye field with its 10 millionth barrel of oil. “The 10-millionth barrel of oil is a major landmark, proving that oil production on the Arctic Shelf can be both safe and viable,” Gennady Lubin, the company’s executive director for operations on the Russian continental shelf, said in a statement. Advocacy groups like Greenpeace have been critical about oil operations in the extreme climates of the Arctic north, saying an oil spill in the region would be catastrophic and difficult to control. Gazprom Neft said a stationary rig at the site is designed specifically to ensure the risks of a spill are minimized to the […]