More from: Industry and Energy

The fourth and fifth icebreakers of the LK-60Ya type have a price tag of 50 billion Rubles (€710 million) each.
July 23, 2019
A fleet of supply ships surround the «Nan Hai Ba Hao» as it gets ready to spud a well in the Kara Sea.
July 16, 2019
A citizen’s initiative to reform Finland’s mining law has received 50,000 signatures, meaning that the proposal now qualifies for consideration on the parliamentary floor.
July 16, 2019
The company is no longer capable of operating the 42 year old liner that serves isolated settlements along the Kola Peninsula.
July 15, 2019
The company makes clear that it can build a 600 km long pipeline to the Arctic Ocean and export millions of tons of oil through Arctic waters. But only if it gets major tax benefits from government.
July 11, 2019
With new super-powerful icebreakers, the Russian Arctic route might be able to compete with the Suez Canal, leader of nuclear power company Rosatom argues.
July 10, 2019
The Finland to Estonia undersea rail tunnel project led by businessman Peter Vesterbacka has taken a step forward.
July 09, 2019
Nornickel makes big money and has tripled payouts to its sharholders over the last three years.
July 08, 2019
Several million tons of liquified natural gas were reloaded in course of few months in the waters outside Honningsvåg, northern Norway.
July 05, 2019
The «Akademik Lomonosov» has been officially handed over to the Russian state nuclear power company.
July 04, 2019
It is the third year in a row that drilling rig «Nan Hai 8» arrives in Murmansk to prepare for drilling in Arctic waters.
July 04, 2019
The «Vladimir Rusanov» is breaking its way from Sabetta to Korea through Russia’s Arctic route.
July 02, 2019
Companies Mitsui and JOGMEC acquire a 10 percent share in Novatek’s Arctic LNG 2.
July 01, 2019
The «Akademik Lomonosov» will be towed from Murmansk to Pevek in August when the sea ice is at its minimum for the season.
June 28, 2019
Russian Prime Minister Dmitry Medvedev signs the decree that is to turn the remote Arctic settlement into a hub for shipments on the Northern Sea Route.
June 26, 2019
The unique birdlife on the island of Kolguyev needs protection, environmental authorities say.
June 25, 2019
The company that was to develop the huge natural gas field in the Barents Sea has been quietly abolished.
June 21, 2019
Deputy Prime Minister Maksim Akimov pays a visit to Murmansk where the building of the new Lavna terminal is making its way.
June 20, 2019
Operations are in the making at Payakha, the oil fields that could become among the biggest in the Arctic.
June 18, 2019
Equinor drills its second dry well in the license area located on 74 degrees North, near the border to Russia.
June 17, 2019
The Russian natural gas company cuts investments in mineral exploration by 10 billion and announces the establishment of a new major subsidiary on geological survey.
June 13, 2019
On the desolate shores on peninsula Gydan comes the terminal that is to serve one of Russia’s biggest ever Arctic projects.
June 12, 2019
Mining technology company Outotec will take part in the development of the Pavlovsky zinc and lead mine in Novaya Zemlya.
June 10, 2019
Natural gas producer Novatek sign deal with COSCO on shipping on the Northern Sea Route.
June 07, 2019
The developers of the Northern Sea Route team up with DP World, the global port operator based in the Arab gulf state. Container shipping is among the priorities.
June 06, 2019