More from: Industry and Energy

Gazprom Neft starts testing of two wind power generators and 30 solar panels at its new Novy Port field.
June 12, 2017
A joint Russian-Saudi investment fund is in the making. Novatek’s projected Arctic LNG could be the first to get funding.
June 12, 2017
Profits are mounting, but Russia’s biggest producer of phosphate-based fertilizers still decides to move the registration of its key asset away from the Murmansk region.
June 09, 2017
Unclear what will happen at the former busy facilities of Reinertsen Northwest Russia.
June 09, 2017
They should be developed in cooperation with the French, Chinese and other foreign partners, the President said at the name ceremony of Russia’s first ice-class LNG carrier «Christophe de Margerie».
June 05, 2017
The building of the Kola Yard is «extremely important» for the development of LNG projects in the Arctic, the gas company says.
June 02, 2017
A Russian court demands more than 9 million of euros for the release of «Remøy». But the sum could have been far higher.
May 26, 2017
More than 9 thousand tons of equipment is shipped to Sabetta as the company gets ready for well drilling in its Tambey fields and the Kruzenshternskoye license.
May 26, 2017
The company is seeking a 5.86 billion rubles (€92.4 million) loan.
May 24, 2017
As Norway’s oil industry moves further north, further east, the Russian state oil giant confirms its continued interest in the Barents Sea.
May 23, 2017
The Finnish Radiation and Nuclear Safety Authority STUK will not deliver a safety assessment and related building permit for the Fennovoima nuclear project slated for Pyhäjoki in northwest Finland this year. According to the daily Kaleva, the nuclear watchdog has said that the evaluation and permit will be delayed by one year to the end of 2018.
May 19, 2017
The joint venture between Eni and Rosneft in the Barents Sea remains intact, the company leaders underline.
May 18, 2017
A year and a half into Alaska’s recession, in which thousands of jobs have been lost statewide, Alaskans are looking for salvation. Some see it in a sound fiscal plan, with the definition of “sound” being up for debate, others in a natural gas pipeline that will cost the state billions of dollars. And some are content to simply wait for the price of oil to bounce back, as it’s always done before.
May 16, 2017
The area, parts of which are located in ice-covered waters, could hold more than 2 billion standard cubic meters of oil equivalents, a new report says.
May 16, 2017
Novatek strengthens its position along the Gulf of Ob as it ensures license rights over another major Arctic gas field.
May 16, 2017
It could lead to the expansion of the Esrange Space Center, the rocket launch site in northern Sweden.
May 10, 2017
All through winter, tankers loaded with Arctic oil have made their way to a floating terminal facility in the Kola Bay.
May 09, 2017
The Tambey fields hold an estimated 6,7 trillion cubic meters of natural gas and could be developed by a joint venture, Gazprom leader Aleksey Miller tells Vladimir Putin.
May 09, 2017
More than 80 million tons of goods will by year 2020 flow through the port of Murmansk, Russian Prime Minister Dmitry Medvedev declares. However, his cash-strapped treasury threatens to put the project in stalemate.
May 09, 2017
Prime Minister Dmitry Medvedev orders a report on a possible gasification of the Russian Arctic region. New industrial projects will need more energy, the government argues.
May 05, 2017
Strong growth in both mining and manufacturing on the Kola Peninsula.
May 03, 2017
Lundin says the resource estimate for the Gohta discovery will be reduced after drilling of an appraisal well showed poor reservoir quality.
May 03, 2017
The company is ready to launch project development, regional Governor Marina Kovtun says.
May 02, 2017
Europe’s largest battery factory for electric cars could be built in northern Sweden.
April 27, 2017
Finnish Customs reports a turn for the better in Finnish-Russian trade after a long slump, and a survey of 300 Finnish companies shows optimism for business-boosting growth in the eastern neighbour.
April 26, 2017