More from: Industry and Energy

It will become a hub for shipments between the Northern Sea Route and the Lena River.
November 10, 2016
Helsinki remains committed to build a connection through the Gulf of Finland and all the way to the Norwegian Arctic coast. Construction could start in few years, a member of the country’s Parliament says.
November 09, 2016
Numerous flashes glimmered across the city as the main power plant appeared on verge of collapse.
November 09, 2016
Cyprus-registered company Osoblanko Holding Limited is about to buy 100% of the Commercial Sea Port of Arkhangelsk.
November 08, 2016
A new deal with Rosneft includes joint development of fields located in the Taymyr Peninsula.
November 07, 2016
While the rest of the country’s foreign trade continues to decline, north Russian regions in the first half of 2016 recorded growth in their commerce with the abroad.
November 05, 2016
After almost two years of recession, the Russian economy makes it into the plus.
November 04, 2016
Dredging operations in the Gulf of Ob are underway as project Arctic LNG-2 takes new steps forward.
November 02, 2016
Oil company Lundin next year plans to drill at least four operated exploration and appraisal wells in the Barents Sea.
November 02, 2016
The new Russian Arctic port remains open for shipping all through the year, leader of the regional customs office says.
November 01, 2016
Up almost 30 percent last three months
November 01, 2016
Finland’s exports to Russia in August grew for the first time since December 2013, according to figures from Finnish Customs.
October 31, 2016
The Swedish iron ore producer turns a major loss into profits as cost cutting measures take effect and delivery volumes increase.
October 31, 2016
It will connect the rich phosphorous resources of the Oleny Ruchey project.
October 31, 2016
Full-scale production in Bovenenkovo will come late 2018 and the nearby Kharasavey might be developed only in 2024.
October 28, 2016
An 8.15 billion ruble investment from the New Development Bank opens for the construction of two new hydropower stations in the Northwest Russian region.
October 27, 2016
Cod still brings Norwegians and Russians together around the table. But in the background looms the far more active role of the Russian military.
October 24, 2016
It equals the size of more than 17 Empire State Buildings.
October 21, 2016
Deep-water port will link Komi Republic and the Urals with world markets.
October 21, 2016
They will depart in November and sail without escort from Russian icebreakers, the Norwegian yard says.
October 21, 2016
The discovery of huge and unique fields in the two countries’ border areas is very likely, says Russia’s Minister of Natural Resources Sergey Donskoy.
October 21, 2016
The new 707 km long Northern Latitudinal Passage will connect Russia's Ural and West Siberian region with the Northern Sea Route.
October 20, 2016
People living in the arctic towns of Kiruna and Malmberget say their homes have been damaged by earthquakes caused by nearby mining, but the company has not paid compensation to any claimants in the last five years.
October 20, 2016
Investment company Aquila Capital buys the Lehtirova wind power project in northern Sweden. Production from the 41 wind generators will be delivered to Google.
October 19, 2016
Moscow invites New Delhi to joint oil and gas projects in Arctic waters.
October 18, 2016