More from: Industry and Energy

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
FDI was down 95% in 2020 amid the economic fallout of the pandemic.
January 21, 2021
Rosneft gets ready to start building ports and pipelines from the Vankor oil fields to the Taymyr Peninsula as part of its Vostok Oil project.
January 15, 2021
Irrespectively of its climate commitments, Norway continues to push for more oil and natural gas. In 2020, investments and production increased.
January 14, 2021
Still unclear which replacement will be chosen for heat- and electricity production, but the Government assures it will be a more climate friendly solution.
January 12, 2021
Hundreds of workers at yards in Severodvinsk are engaged day and night with construction of Russia’s second ice-resistant platform for Arctic waters.
January 05, 2021
The polluting smelter in Nikel was shut down forever on December 23.
December 23, 2020
Igor Sechin and his Rosneft oil company gives new Arctic discoveries names after Soviet war commanders.
December 22, 2020
The Sparta-III might not have obtained needed permissions before sailing into the icy Yenisey River.
December 18, 2020
Developers assure that the new Arctic seaport of Utrenneye will be ready for operations in 2022.
December 16, 2020
Russian Prime Minister Mikhail Mishustin signs the decree that paves the way for a 25 million ton capacity oil terminal near the remote Arctic town.
December 14, 2020