More from: Industry and Energy

New high in Barents Sea oil shipments

Never before has this much Russian oil been transported along the Norwegian Arctic coast.
June 22, 2016

Russia’s big man on the Norwegian shelf takes on Arctic licenses

Mikhail Fridman’s DEA Norge intends to invest more than $100 million in exploration this year.
June 21, 2016

$260 million for new Arctic LNG carrier

Sovcomflot’s new ship will be as powerful as a nuclear icebreaker.
June 17, 2016

World’s biggest icebreaker on the water

Several hundred people assembled on the Saint Petersburg waterfront as the Baltic Yard today launched the «Arktika».
June 16, 2016

Flights to Crimea canceled

A new air route from Apatity to Simferopol has been cancelled before it was started. Only ten tickets had been sold for the first flight.
June 15, 2016

In progress: the Murmansk Transport Hub

Federal Minister of Transport Maksim Sokolov pays visit to Murmansk to see the development of the region’s grand infrastructure project.
June 14, 2016

Finland to boost nuclear power with cash and technology from Russia

Parliament Member Hanna Halmeenpää is not confident that Fennovoima's Russian designed reactor will provide stable electricity prices for a 60 years period.
June 14, 2016

More oil, less fish for Kjell Inge Røkke

Only few days after selling his fish empire, the Norwegian big shot announces the heftiest oil deal in Norway in years.
June 13, 2016

LKAB opens new harbor in Narvik

The Swedish iron ore major invests more than 1 billion SEK in new Norwegian port infrastructure.
June 10, 2016

EU money for Russian Arctic wind power

Four wind power generators with a total 200 KWh capacity are being erected in Amderma, the town on the Kara Sea coast. Over the next years, EU programme Kolarctic will finance several more Russian Arctic wind parks.
June 10, 2016

In the top of the drill tower, a sign from God

Russia’s Arctic bishop pays a visit to new tundra oil field.
June 09, 2016

Focus on green energy in the Arctic

Clean and renewable energy options for people living in the Arctic is one of the focal points for the U.S. chairmanship of the Arctic Council. Many new initiatives are on their way, principal deputy assistant secretary of the the US Department of State's Bureau of Energy Resources Mary Warlick says to Barents Observer.
June 08, 2016

This icebreaker runs on LNG

The vessel, built and designed in Finland, will be able to cut through 1,6 meter thick ice.
June 08, 2016

Better times for reindeer herding

The revenues of reindeer herding businesses doubled during the last fiscal year mainly because of higher meat prices and lower production costs.
June 07, 2016

Gazprom withdraws from Barents Sea

Our drilling program in the area is far too ambitious, the company admits.
June 06, 2016

Eni writes down value of Goliat field

Low oil prices have made oil company Eni write down the value of the world’s northernmost offshore oil field Goliat by €710 million.
June 06, 2016

Rosneft, Statoil spud joint well

The Ulberikansky well in the Sea of Okhotsk is the first joint offshore drilling operation of the two companies.
June 02, 2016

«Across Nenets tundra, a railway line to Pechora coast»

Regional governor Igor Koshin dreams about a Pechora LNG plant with connecting sea port and railway.
June 01, 2016

Understanding the unknown Barents Sea

Researcher from the Norwegian Petroleum Directorate study sediments from the northeasternmost parts of the country’s shelf.
May 31, 2016

Norway outlines ocean future

A new ocean strategy is to make the country a global front runner in marine development.
May 31, 2016

Arctic drilling not compatible with climate targets - Total

We will not conduct oil exploration or production operations in the Arctic ice pack, the French oil major underlines in its new company strategy.
May 30, 2016

Will Gazprom get stake in Norwegian Arctic?

The Russian gas company is talking with Norwegian authorities about engagement in Norwegian waters.
May 30, 2016

Russian crabber arrested in Kirkenes

Snow crab fisher “Karla Faye” will have to stay at port until an allegedly Hong Kong origin bill is paid.
May 27, 2016

Big Russian Oil clashes over new tundra fields

Russia’s three biggest oil and gas companies put up a fight over new prospective fields on the Nenets tundra.
May 27, 2016

Start the pumps, Putin tells Yamal oilmen

On direct video link from his situation room, the President officially launches the Novy Port oil terminal.
May 25, 2016

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