Industry and Energy
Telecommunication highway along the north coast of Siberia will link Finland with Asia via Kirkenes on Norway's Barents Sea coast.
Skellefteå gets thousands of new jobs and takes a leading position in the booming market for electric cars.
The first part of the Arctic gas plant will be ready in November and two shipments are planned the same month.
Semisubmersible rig «Nanhai VIII» completes its operations in the Kara Sea and heads back to Chinese home port.
The trains operating the line across the Yamal Peninsula will be fuelled by liquified natural gas.
The oil in the Tsentralno-Olginskaya-1 field is of high quality, light and low in sulphur, the company says.
«ENI must be deprived of its license to operate in the Barents Sea,» says Bellona’s Frederic Hauge.
Swedish mining group, LKAB, is testing hydraulic fracturing, or fracking, at two sites in northern Sweden.
The «Amazon» makes it from the Turkish port of Tuzla to Gulf of Ob as owner Gazprom gets ready for new Arctic drilling.
The huge Arctic natural gas field re-emerges in the development plans of the energy company.
Kola GMK has boosted its nickel output by 50% after refining was moved from Norilsk in Siberia.
Siste/ mest lest
Lundin Petroleum’s Norwegian subsidiary found no oil at the Børselv prospect.
One of the world’s richest man, Russian oligarch Vladimir Potanin, pressed the symbolic button opening the fiber-optic line to one of Russia’s remotest corners.
Wildcat drilling with hope to find more oil near the Goliat field failed.
Energy company Enel teams up with Siemens Gamesa in the planned 201 MW wind power project in the Kola Peninsula. The turbines could be produced in Russia.
The Research Institute of the Finnish Economy ETLA predicted three percent growth this year in the Finnish economy on Tuesday, in one of the most positive economic forecasts for the near future to be released.
The Russian-Finnish nuclear project at Pyhäjoki, northern Finland, will not get a building permit before 2019, according to the company’s new, revised estimate. The firm had just a few months ago said it expected the permit in 2018.
Finland’s energy market is poised to shift into a new gear next year. Renewable energy sources are expected to produce more of the country’s energy than fossil fuels, which include oil, coal, natural gas and peat.
The Austrian oil company believes the Wisting license could hold up to 80 million standard cubic meters of recoverable oil equivalents.
The Lamor company establishes a joint venture with the Russian oil company in Roslyakov, the formerly closed military town outside Murmansk.
State companies Statoil and Rosneft set up a joint venture for the development of the Severo-Komsomolskoye field in the far northern Yamal-Nenets region.
Three remote-located wind power projects could see the light as hydroelectric company RusHydro enters into agreement with Japanese partners.
Oil from two of Russia’s biggest Arctic fields keeps flowing through the «Umba».
First leg of the new railway along Sweden’s northern coast is included in the Transport Administration’s proposal for the national plan for 2018-2029.
Failing to find oil at the Korpfjell prospect doesn’t make Norway’s oil major give up. We will come back next year, says Dan Tuppen, head of exploration for the Barents Sea.
Company Total likely to play crucial role in Arctic LNG-2, the grand project planned on the remote Arctic coast of Gydan.
Russia’s only offshore Arctic oil platform in first half of 2016 produced 1,6 million tons of oil, a year-on-year increase of 79 percent.
Operator of the only cross-border flights in Northern Scandinavia got millions of euros in public support from regional authorities. Now, the route could come to an end.
The Norwegian oil company had great expectations to its northernmost ever well. But the Korpfjell turned out to be a major blow.
«It is like a football match; you do not always strike a goal in the first attack», says Mayor of Barents town Vardø.
With a budget deficit of 23 billion rubles, Russia’s new gateway to the Arctic could be delayed.
«It will last at least until year 2020».
With operations more than 400 kilometers north of mainland Norway, Greenpeace says it is the most controversial and aggressive drilling globally this year.
Only the new plant in Murmansk, a key project component, will employ up to ten thousand people, the company chairman says to Prime Minister Medvedev.
License areas in the Pechora Sea and south Kara Sea are up for seismic shooting.