More from: Industry and Energy

The current state monopoly on shelf development must end and foreign companies given access, Yuri Trutnev argues.
August 20, 2019
A light discovery is made in Sputnik, a well located near the bigger Wisting field.
August 20, 2019
Investments in regional infrastructure and natural resource development will over the next years be equivalent to the country’s federal budget on health and education.
December 14, 2018
Novatek leader Leonid Mikhelson says Norway is under pressure from western partners following its go-ahead for large-scale reloading of Russian LNG in its waters.
December 13, 2018
Ten years after Gazprom started development of the huge natural gas reserves in Yamal, the company opens the third and final part of its Bovanenkovo project.
December 08, 2018
The «Boris Sokolov» is built in China, has Greek owners and will serve Russia’s grand Yamal LNG project on the coast of the Arctic Ocean.
December 06, 2018
Despite complicated ice conditions, more than 18 million tons of goods has been shipped along the Northern Sea Route in 2018, a 68% growth from 2017.
December 05, 2018
The Norwegian company did not find oil on 74 degrees north. Now, hopes are high for the upcoming well located only few kilometers from Russia.
December 05, 2018
In one of Russia’s remotest spots is going on a hectic construction of new housing, parks and local infrastructure.
November 30, 2018
Sergey Zybko is awarded the State Order for Achievements at Sea for his operations in Arctic waters.
November 28, 2018
Regional authorities will spend 100 million rubles on environmental upgrades of tundra lands as Gazprom starts development of its new major Arctic project.
November 27, 2018
As project planning of the new Pavlovsky ore processing plant and sea port proceeds, regional authorities say there will be plenty of money and jobs in the remote Arctic island.
November 27, 2018
Natural gas company Novatek launches the third train of its grand Arctic plant more than a year ahead of schedule. At the same time, the first tons of LNG are reloaded near North Cape in Norway.
November 23, 2018
As this year’s drilling in icy waters comes to a close, Chinese rig «Nanhai VIII» prepares for departure home after operations in the Kara Sea.
November 22, 2018
It is black and dirty, and means big money for port developers in Murmansk.
November 21, 2018
Finland could reduce greenhouse gas emissions more sharply over the next decade than so far projected, according to a report published by the Finnish Innovation Fund Sitra on Monday.
November 20, 2018
Two ships loaded with iron ore from Baffinland’s mine in Nunavut, northern Canada, have taken a shortcut to the Russian Far East.
November 15, 2018
It was the maiden voyage of the «Rudolf Samoylovich» and it was made to the Fujian LNG Terminal in China.
November 14, 2018
Company Enel admits the market situation is «difficult», but still proceeds with the development of a major wind farm in the Kola Peninsula.
November 13, 2018
The 309 thousand ton big tanker «Kola» has been firmly anchored to the bottom of the Kola Bay as big volumes of oil are on the way from Lukoil’s Arctic fields.
November 09, 2018
With thinner Arctic ice comes softer regulations for vessels operating on the Northern Sea Route.
November 06, 2018
After initial flux of neutron, the reactor reached its minimum controlled level of chain reaction and produced power Friday evening.
November 02, 2018
With American investors on board the mines near Kirkenes look set for a reopening.
November 01, 2018
Shipping company Sovcomflot tests its brand new fuel-friendly oil tanker in tough Arctic waters.
October 30, 2018
It will cost almost 100 billion rubles and the economic benefits are unclear.
October 29, 2018