More from: Industry and Energy

The new trade. Shipments from Murmansk show Russia's great partner shift

The ships that now that set out from the Russian Arctic port are heading towards Turkey, North Africa, Asia and South America.
January 25, 2023

New huge oil terminal on Arctic coast will promote national sovereignty, says Russian government

According to Prime Minister Mikhail Mishustin, the Sever Bay terminal will be the biggest in Russia and pave the way for major oil exports to Asia via the Northern Sea Route.
January 17, 2023

On icy shores of far northern Yenisey River, oilmen build 16 new goods terminals

Oil company Rosneft forges ahead with one of Russia's biggest ever Arctic projects
January 13, 2023

LKAB discovers Europe’s largest rare earth metals deposit outside Russia

The Kiruna-based mining company has identified resources which exceed one million tons of rare earth oxides, likely the largest discovery in Europe outside Russia’s Kola Peninsula.
January 12, 2023

Oligarchs of Kola Peninsula make most money

The owners of mineral fertiliser companies in the far northern region have the biggest wealth increase in Russia.
January 12, 2023

Slowdown in Barents Sea petroleum

Norwegian Government offers only two new production licenses for the Barents Sea this year.
January 10, 2023

All time high for Norwegian seafood exports

The value of seafood export increased by 25 percent from 2021 to 2022. Mainly caused by a sharp rise in prices, as overall volume remained stable.
January 04, 2023

Waging energy war, Gazprom saw production slump 20 percent

The Russian state natural gas company in 2022 saw production and exports plummet to a 30 year low.
January 02, 2023

This year's biggest Barents Sea gas discovery

"It comes as a Christmas gift," says Alessandro Barberis, Vice President Exploration with Vår Energy after the largest discovery on the Norwegian shelf this year.
December 23, 2022

No foreign vessels in sight, but shipping on Northern Sea Route still vibrant, Russian authorities say

According to route operating company Rosatom, goods volumes in the remote Arctic waters will this year reach 34 million tons.
December 21, 2022

Arctic tanker trouble for Novatek's new flagship project

A major delay in the delivery of LNG tankers has serious implications for the Russian natural gas project Arctic LNG 2.
December 16, 2022

More Russian Arctic oil via Murmansk redirects to India

The“Surgut” is one of the supertankers loaded with crude oil from Murmansk now sailing past Europe and instead heading to India.
December 08, 2022

Near Russia's main nuclear weapons test area comes heavy metals mine

Nuclear power company Rosatom gets final state approval for its zinc and lead mine in Arctic archipelago of Novaya Zemlya.
December 06, 2022

This new icebreaker has major importance for Northern Sea Route, says Rosatom

The "Ural," Russia's third vessel of the powerful LK-60 class, makes maiden voyage to its home port of Murmansk.
November 30, 2022

Putin's top oilman praises Xi Jinping, invites China to the Arctic

Ahead of new crippling sanctions against the Russian energy sector, Rosneft leader Igor Sechin pays homage to the Chinese President and welcomes Beijing to invest in the Northern Sea Route and Arctic project Vostok Oil.
November 29, 2022

New super-powerful icebreaker might work exclusively for Putin's oil tycoon Igor Sechin

Russia's brand new icebreaker "Ural" will primarily serve Vostok Oil, the huge oil project under development in the Taimyr Peninsula, a company representative says.
November 22, 2022

As EU oil ban approaches, a Russian tanker tests Arctic route to China

The 257 meter long oil tanker "Vasily Dinkov" sails the Northern Sea Route to the Chinese port of Rizhao.
November 17, 2022

One year after the crisis, there is again early ice on Northern Sea Route

Last year's early freeze triggered a critical situation with more than 20 vessels stuck in thick ice. This year, the shipping conditions in Russian Arctic waters might be even worse.
November 15, 2022

Moscow strengthens state control over far northern rare earth metals

The Lovozero Ore Processing Plant in the Kola Peninsula is now on state hands.
October 28, 2022

Isolated Russia seeks way out through Arctic waters

With export corridors under pressure, Russia should look towards the Northern Sea Route, Deputy Prime Minister Aleksandr Novak says.
October 26, 2022

Norway, Russia seal deal on fish quotas amid growing tensions

Cod quotas for 2023 will be 20% lower, a decision made on recommendations from marine researchers in the two countries.
October 26, 2022

World's biggest nickel producer ditches Western tech

Russian mining company Nornickel says it intends to acquire new equipment from "friendly countries."
October 25, 2022

Russian Arctic coal is looking for way out of sanctions

The launch of coal mining at the far northern Taymyr Peninsula was to lead to a boost in exports through the Northern Sea Route. Now, mining company Severnaya Zvezda instead seeks new markets and ways to replace sanctioned technology.
October 18, 2022

Expelled Norwegian businessman is back in Murmansk

Atle Berge, the owner of Ølen Betong Murmansk, is back in business with a new visa and work permit to the country that six years ago expelled him on vague accusations of espionage.
October 06, 2022

Regional Council launches Lapland east-west railway study

Tourism, mining and forestry could all benefit from a new railway across Lapland, with possible extension to existing tracks via northern Sweden to Norway’s port of Narvik.
October 04, 2022

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