Industry and Energy
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.
It is quick and cheap and will open new markets, route developers say. This week, a first test container makes its way from China to the north Norwegian port of Narvik.
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.
After days with record heat at Svalbard, the penetration of water from the above melting glacier is now flooding Norway’s only operating coal mine that supplies the country’s only coal-power plant.
Germany’s largest finance institution says the move is part of a commitment to protect the climate and help the EU to achieve its goal of being climate neutral by 2050.
In volums, the seafood export corresponds to 25,000 meals per minute, or 36 million meals every day.
The natural gas company has over the last year obtained field licenses in the remote Gydan peninsula with resources sufficient to cover the whole of EU’s current consumption for almost a decade.
Two days after the country officially launched its third biggest oil field ever, the national petroleum directorate presents a bright outlook for Norwegian oil and gas.
The development of the Russian shelf might soon be managed by new state company Rosshelf.
A new study shows that several gas transport options from the Barents Sea, including a new pipeline, could prove profitable with today’s known resources.
Lundin Petroleum until recently had great hopes for its far northern Alta and Gohta discoveries.
The runway in Utrenny will serve workers commuting to Novatek’s new Arctic natural gas project.
Siste/ mest lest
Mounting criticism against Oslo from climate activists as government awards oil companies massive number of new drilling licenses.
Mikhail Mishustin grants company Gazprom Neft big drilling acreages in the Yamal Peninsula
Novatek’s fourth and last train of the Yamal LNG project is delayed and might cost the company several billions in lost revenue.
The Kruzenshternskoye field holds up to 2 trillion cubic meters of natural gas, the company says.
Three Finnish-based companies have prepared an outline design for the plant to be towed Russia's Pavlovsky lead-zinc mining project.
Plummeting oil price and declining economies notwithstanding, well drilling is coming up in far northern Norwegian waters. Russian oilmen have stakes in both wells.
Struggling with a faulty engine on the fist icebreaker, not yet delivered, does not hinder the start of construction.
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.
Russia's biggest Arctic region and home to the country's most powerful military force is in crisis after the collapse of a railway bridge.
Researchers believe Novatek's dredging in the Gulf of Ob might ruin local ecosystems and eliminate fish stocks.
Almost 6 km of new railroad was constructed in only 18 days in order to overcome the acute logistics crisis in the Arctic region.
Just 0.16% of Russia’s electricity comes from renewable sources.
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.
ARCTIC:
The heat is on: While record Arctic heat in Siberia makes worldwide headlines, the Norwegian government presents massive oil drilling plans north in the Barents Sea.
Roman Trotsenko is the new owner of the coal extraction licenses in the far northern Taymyr Peninsula.
Oil company Rosneft intends to drill for oil in a protected nature reserve in the far northern Taymyr peninsula.
It is the fourth year in a row that Chinese oilmen explore the far northern Kara Sea.
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.
Two weeks after it completed a record-early delivery to China via the Northern Sea Route, natural gas carrier "Christophe de Margerie" returns to natural gas terminal Sabetta on westbound voyage.
The two reactors onboard the Soviet-built "Yamal" are reviewed by experts and approved for another 50,000 hours of operation, meaning the icebreaker can sail until 2028.
A heavy loads delivery to the South Siberian region of Irkutsk finds its way from Australia and Japan to Arctic port of Tiksi and 2,500 km up great river Lena.
The Northern Sea Route is now completely open.
