The region is warming much faster than the rest of the planet and releasing greenhouse gases from its thawing soil. Umair Irfan of Vox explains.
Oil giants are expected to sit out the bidding, which would mean low lease prices and measly royalties for the government.
Study finds some fossil fuel has to be left in the ground to avert disaster.
President Obama is visiting Alaska and the Arctic to talk about climate change.
Environmentalists and other big oil explorers are watching.
Shell is expected to get a green light to re-start Arctic oil and gas drilling
Shell-branded Lego toys are not much longer for toy store shelves.
After a dismal experience in 2012, Shell took this year off from trying to drill in the Arctic Ocean. But drilling will come.
Melting arctic ice has opened a new global trade route.
Melting ice means a Russian gas company can now send tankers to Japan through the Arctic Ocean, instead of the Suez Canal.