More from: Industry and Energy

The state company buys 100 percent of Pechora LNG, the projected gas plant on the Russian Arctic coast.
December 08, 2015
As Norway invites its oil industry into new Barents Sea waters, it steps up talks with Russia over a cross-border exploration deal.
December 08, 2015
A total of 26 companies sign up for 57 license blocks in Norwegian Arctic waters.
December 04, 2015
The Port of Murmansk has one of its weakest years in the whole post-Soviet period.
December 01, 2015
The ”Sevmorput” completes test sailing in the Barents Sea.
December 01, 2015
Since the start of production two years ago, Russia’s only oil drilling rig in the Arctic, Prirazlomnaya, has produced one million tons of oil.
November 30, 2015
The great peninsula stretching into the Arctic from Russia’s Western Siberia is declared priority zone of development.
November 27, 2015
With Lukoil on board as partner, the Swedish company spuds easternmost well ever in Norwegian waters.
November 26, 2015
Norway’s oil major returns to Arctic waters at the earliest in 2017.
November 24, 2015
Suffering weak prices and a global oversupply, the world's top aluminium producer Rusal plans to decide in mid-December which smelters to suspend. 1000 workers in Kandalaksha on the Kola peninsula could lose their jobs.
November 24, 2015
Has served as Floating Storage and Offloading vessel for Arctic oil for more than a decade.
November 23, 2015
Regional Committee believes a disposal site far away from populated areas is best option for Northwest-Russia.
November 20, 2015
A Moscow court decides that Lukoil has the legitimate right to develop the East-Taimyr field.
November 19, 2015
Exploration starts next summer and recovery of ore could start a few years later in what will be the largest mine in the Arctic.
November 19, 2015
The Dolginskoye field in the Pechora Sea was supposed to come into production in 2019.
November 18, 2015
Four hundred people lose their jobs as the Sydvaranger mine in Kirkenes files for bankruptcy.
November 18, 2015
Both Gazprom and Rosneft want the license to the 121 billion cubic meter gas field located off the coast of the Kola Peninsula.
November 16, 2015
Improved logistics will enable Norilsk Nickel to bring major volumes of ore from Siberian mines to processing plants in Kola Peninsula.
November 13, 2015
State company Rosneft makes additional postponments in its Arctic drilling program.
November 13, 2015
The bottom has been reached, the Russian Economics Minister says. The country’s economy shrunk 4,1 percent in Q3.
November 13, 2015
Studies start to see if oldest reactor at Kola nuclear power plant can get a 60-years lifetime before retirement.
November 10, 2015
The leading Russian oil companies are postponing the launch of another 29 development projects, among them in the Arctic.
November 10, 2015
New Nenets fields are coming into production. That will give bigger regional output and subsequent more out shipments through Arctic waters.
November 09, 2015
The Arctic region planned to become a leader in Russian aquaculture development. Now, massive fish death, bankruptcies and billions of lost investments are putting the industry on its knees.
November 06, 2015