Industry and Energy
Shipping on the Northern Sea Route will amount to 92,6 million tons in year 2024, leader of nuclear power company Rosatom says. That is an increase of more than 450 percent in six years.
A string of wells have been drilled along the country’s maritime border to Russia. But none of them meet expectations.
We will build an Arctic cluster that will help boost shipments on the Northern Sea Route, leader of Russia’s biggest oil company Rosneft makes clear to the President.
The Finnish Security Intelligence Service (Supo) has suspended a detective suspected of official misconduct. He was detained on Monday and his premises searched.
It is put directly of the ice of the Ob Bay near the spot for Novatek’s new LNG terminal.
The «Arctic Swan» violated catch regulations in Russian waters, the country's security service says.
Local authorities along the Northern Sea Route are starting to plan for deliveries of a new energy source.
Dumping of tailings into the Repparfjord on Norway’s Barents Sea coast will not be problematic in such a way that we shouldn’t allow for mining, argues Norway’s Minister of Trade and Industry Torbjørn Røe Isaksen
As an Arctic storm rages along Barents Sea coast, company Novatek signals that it will move its large-scale reloading of LNG away from Norwegian waters.
A convoy of 30 trucks, bulldozers and excavators is on its way to the development site of the Kharasavey natural gas field. About 20 percent of the field resources are located offshore in the Kara Sea.
There are currently five major forestry-related projects underway in Finland driven, at least in part, by Chinese investment.
The Sydvaranger mine gets a long awaited permission for renewed mining along Norway’s border to Russia.
Siste/ mest lest
The regional treasury is strapped of cash, but natural gas company Novatek still gets almost 12 billion rubles of tax breaks for its Belokamenka project.
New powerful icebreakers are under construction, but to meet demand the current fleet of nuclear icebreakers in Murmansk will have to sail 5-10 years longer than originally planned.
The 260 meter long nuclear-powered «Sevmorput» makes a historic voyage through the shallow and icy waters of the Northern Dvina.
Rosatomflot’s service base is not sized for all the planned new nuclear-powered icebreakers, says Andrey Zolotkov, who previously worked as engineer onboard one of the service vessels storing spent nuclear fuel.
Amid growing protests against Arctic drilling, the Norwegian government proposes 48 new oil blocks in the Barents Sea
Preferring internett resources, people reads less printed glossy magazines. Consequently, Stora Enso plans to convert the paper mill in Oulu into packaging board production.
Rosneft mulls building of a 600 km long pipeline from its Vankor oil fields to the Kara Sea.
It is about lowering the risks, says Finance Minister Siv Jensen. But the decision to kick out oil exploration and production companies from the country’s pension fund could be seen as a first move towards a bigger exit from the energy sector.
Company Total acquires 10 percent of the Arctic LNG 2 project and gains exclusive rights over future developments in Russia’s most prosperous natural gas region.
The world’s only ship of its kind will deliver thousands of tons of construction materials to the Arctic LNG 2 project in peninsula Gydan.
CEO of Russian private natural gas producer Novatek, Leonid Mikhelson, has a net worth estimated at $24 billion by Forbes.
Sami interests and environmental groups will appeal the Norwegian Government’s decision on Thursday to grant permission for controversial mine waste dumping in Repparfjord on the coast to the Barents Sea.
Finnish Government includes Rail Baltica project in infrastructure plan as it invites private investors to participate future development.
Goods volumes in Sabetta increased by more than 130 percent and Murmansk had its best year ever.
The «Boris Sokolov» sailed from China and all along the Northern Sea Route in mid-winter.
Eyes on Barents
Opinions on the impact of a planned test field for wind power on Uljabuouda Fell, Sweden, are divided.
Could enable direct electricity supply to remote Arctic regions at lower cost than a shore based gas power plant.
More fields are coming into production and peak oil is expected in year 2023. Arctic waters are priority No 1, the country’s Petroleum Directorate says.
The ships are on their way from China and South Korea and will have to break through up to 2 meter thick ice.
The Norwegian Petroleum Safety Authority gets serious criticism for its followup of security in Norwegian waters.
«It is time for reflections about what we have achieved in these years, the country’s oil minister said as he announced the record number of 83 new licenses.
Regional authorities in the Yamal Nenets region are aware of the potential devastating consequences of climate change, but say necessary measures are taken.
A total of 14 powerful LNG carriers this Wednesday crowded at loading and reloading facilities in northern Norway.
There is unease in several Russian government ministries as officials start to understand that the President’s objectives for the Northern Sea Route can not be reached. The only way to please the president might be to expand the sea route itself.