More from: Industry and Energy

The huge Arctic natural gas field re-emerges in the development plans of the energy company.

Lundin Petroleum’s Norwegian subsidiary found no oil at the Børselv prospect.

One of the world’s richest man, Russian oligarch Vladimir Potanin, pressed the symbolic button opening the fiber-optic line to one of Russia’s remotest corners.

Energy company Enel teams up with Siemens Gamesa in the planned 201 MW wind power project in the Kola Peninsula. The turbines could be produced in Russia.

The Russian-Finnish nuclear project at Pyhäjoki, northern Finland, will not get a building permit before 2019, according to the company’s new, revised estimate. The firm had just a few months ago said it expected the permit in 2018.

The Austrian oil company believes the Wisting license could hold up to 80 million standard cubic meters of recoverable oil equivalents.

Three remote-located wind power projects could see the light as hydroelectric company RusHydro enters into agreement with Japanese partners.

Oil from two of Russia’s biggest Arctic fields keeps flowing through the «Umba».

Failing to find oil at the Korpfjell prospect doesn’t make Norway’s oil major give up. We will come back next year, says Dan Tuppen, head of exploration for the Barents Sea.

The Norwegian oil company had great expectations to its northernmost ever well. But the Korpfjell turned out to be a major blow.

Russia’s only offshore Arctic oil platform in first half of 2016 produced 1,6 million tons of oil, a year-on-year increase of 79 percent.

With a budget deficit of 23 billion rubles, Russia’s new gateway to the Arctic could be delayed.