It has been well documented that oil majors from around the world are looking at oil exploration in the Arctic where they believe that some of the largest untapped fields in the world still lie. Environmentalists have been fighting efforts to start exploring for oil fearing that any serious oil spill could mean the destruction of one of the last pristine wildernesses on the planet.   In the Kara Sea where Exxon Mobil (NYSE:XOM) and Rosneft (PINK:RNFTF) are planning to drill a region which is estimated to hold enough oil to supply the world for five years environmentalists have ...