Natural gas company Novatek planned to start up ship-to-ship reloading of liquified natural gas by the Kildin island in late 2019. More than half a year later, a tanker for the first time tests moorage facilities on site.
The European car industry’s transition to electric power-trains, combined with financial institutions hunt for green projects, proves successful for Northvolt, which now says it targets a 25 percent market share in Europe’s battery production by 2030.
A deep crisis is shattering the Russian petroleum industry, but Igor Sechin still gets the President's unequivocal support for the development Vostok Oil, the project that is due to bring several hundred million tons of north Siberian oil to international markets via the Northern Sea Route.
Amid strong warnings from environmentalists, the Norwegian Parliament decides to pump great sums into a support-package for the country's oil industry. Tax benefits are to help the oilmen launch new projects, including in the Arctic.
Government turns down a proposed territorial extension of the Northern Sea Route. The President's ambitious target for Arctic shipping is unlikely to be reached unless the Barents Sea is included, route developers argue.
Tuomas Siilasjoki and Minna Näkkäläjärvi say they were taken by surprise when a mobile drill rig one day appeared in the horizon. Nobody had asked them about exploring for minerals inside their siida, a reindeer foraging area, in northern Finland. The Sámi families here in Tarvantovaara wilderness area fear the world's hunger for metals to ramp up the green economy will destroy their indigenous way of life.