More from: Industry and Energy

Oil company Shell has decided to withdraw its application for Norwegian licenses to drill in the Barents Sea.
April 04, 2016
More than half of production at the Trebs and Titov oil fields is sent to the world markets through the Varandey sea terminal.
April 01, 2016
Prime Minister Juha Sipilä would like to connect northern Finland with the Arctic Ocean, but is confronted by an outcry from indigenous communities.
March 31, 2016
The heavily militarized Arctic archipelago of Novaya Zemlya holds more lead and zinc than previously estimated.
March 31, 2016
The Canadian gold exploration company Rupert Resources has acquired the bankrupt Pahtavaara gold mine in the Lapland municipality of Sodankylä.
March 31, 2016
The first oil from Eni Norway’s Goliat platform in the Barents Sea is on its way to consumers in Europe.
March 30, 2016
All flights this summer cancelled, but renegotiation of aviation agreement with Norway might come.
March 30, 2016
Lifetime of the oldest nuclear reactor will with the upgrade be prolonged to 60 years.
March 28, 2016
The economy is in crisis, but the country still proceeds with plans for a string of ambitious Arctic projects.
March 22, 2016
The company is planning a «major deal» on financing of the Yamal LNG.
March 22, 2016
According to newspaper Kommersant, some of the key projects of the Murmansk Transport Hub have not only been halted, but risk never to be realized at all.
March 18, 2016
Interest from international ship operators in utilizing the Northern Sea Route has waned in recent years, according to a new report.
March 18, 2016
The 38 percent share is acquired by company Novaport.
March 17, 2016
The licensing round includes 32 blocks in the Barents Sea and 24 in the Norwegian Sea.
March 17, 2016
Russia’s only offshore oil production platform in the Arctic will produce 12 percent less than originally planned, operator Gazprom Neft says.
March 16, 2016
Aviastar-TU is not allowed to operate cargo flights to Lakselv airport as long as Norwegian Air Shuttle is denied to overfly Russian territory.
March 16, 2016
The strained Russian economy does not allow for major investments in new icebreakers.
March 16, 2016
Value of Norway’s shares in Sberbank increased by NOK 750 million in 2015.
March 15, 2016
Norway's Minister of Oil and Energy, Tord Lien, can smile as the world’s northernmost oil platform now pumps oil after years of delay.
March 13, 2016
Metals company Boliden buys the Kevitsa nickel-copper-platinum mine in Finnish Lapland from First Quantum for $712 million.
March 11, 2016
The precision of drilling instruments can be seriously affected by the Arctic light phenomenon, new research from the University of Tromsø reveals.
March 09, 2016
«It is fully out of control», head of Bellona Foundation Frederic Hauge says about the Goliat oil project in the Barents Sea.
March 08, 2016
The «Shturman Albanov» will autonomously be able to shuttle through the deep ice of the Ob Bay to Gazprom-Neft’s Novy Port field.
March 07, 2016
«This far, but no further» Greenpeace says about the quick Arctic expansion of industrial fishing.
March 02, 2016
After a 3,7 percent shrinking in 2015, the country’s economy started the new year with continued decline.
March 01, 2016