More from: Industry and Energy

"Extract as much as you can," the country's top energy legislator says. But time might be about to run out for new major oil and gas projects on the Russian Arctic shelf.
May 06, 2021
As construction of the Murmansk Transport Hub had come to a full halt, top federal officials assembled for a talk in Moscow.
April 30, 2021
Construction permit is granted for what will provide for high-tech digitalization of Russia’s entire Arctic coastline, from Murmansk to Vladivostok.
April 21, 2021
As European carmakers ramp up production of electric vehicles, the Nordic region takes a lead role in battery production.
April 19, 2021
A brand new terminal will be built on an artificially created land, while the existing berths of the fishery port will get a large-scale upgrade.
March 26, 2021
In a twitter thread, Russia's State Nuclear Energy Corporation makes big fun of the trouble for global shipping caused by the wedged cargo ship in the Suez canal and uses the opportunity highlight benefits of sailing the Northern Sea Route route between Asia and Europe.
March 25, 2021
State experts approve Rosneft's plans for the Sever Port Bay project. It marks the opening of a new oil province in the Taymyr Peninsula, developers say.
March 24, 2021
Russia's two biggest oil companies prepare for a legal battle over transportation of Arctic oil in the country's highest court.
March 23, 2021
Miners get ready for digging at Russia's northernmost coal field.
March 16, 2021
It is becoming something of a habit that the Russian Foreign Ministry accuses Norway of violating the Svalbard Treaty.
March 15, 2021
The discovery is located near the company's Johan Castberg field and could hold up to 50 million barrels of oil.
March 11, 2021
The last bottling of copper anodes at the smelter in Monchegorsk on the Kola Peninsula was made on March 1.
March 02, 2021
In 2012, as many as 36 companies wanted to drill in pristine Norwegian waters. Nine years later, the number has dropped to only seven.
March 01, 2021
Trawlers will lose quotas unless they are customs declared in Russia, catch is to be processed in domestic plants and foreign investors might be kicked out of the industry.
February 17, 2021
The top Russian oilman says his company's three far northern finds were world's biggest in 2020. The international green shift will not hamper field development, he told President Putin.
February 16, 2021
Some 700 employees will be affected as the metallurgical workshop closes this spring.
February 12, 2021
Metsä Group says its new €1,6 billion bioproduct mill in Kemi will create around 1,500 new jobs across its entire direct value chain.
February 11, 2021
More than 21,000 tons of diesel oil spilled into rivers, lakes and vulnerable wetlands. Now, the company has to pay the biggest fine ever issued in modern Russia.
February 05, 2021
The Russian gas producer NOVATEK praises the sustainable development foundation of the Arctic Economical Council (AEC).
February 05, 2021
The 42 billion rubles (€461 million) transit terminal will be located between Lavna and Belokamenka on the west side of the Kola Bay.
February 02, 2021
A government working group is set up to find a way for the key national industry that is increasingly squeezed by world energy transition.
January 29, 2021
European buyers are decline, but coal exports from Murmansk in 2020 nevertheless saw a significant growth.
January 27, 2021
We have 600 men and 200 pieces of machinery on site, says Roman Trotsenko.
January 26, 2021