More from: Industry and Energy

Big increase in Nenets oil production

Up 11 percent from the same period last year.

June 28, 2016

Norwegian tanker aground in U.S. Arctic, stirs concern about security

The Norwegian flagged chemical tanker was loaded with 14,000 tons of oil products when it touched the ground in the Bering Strait.

June 27, 2016

Governor outlines master plan for Arctic outpost Dikson

Two new sea ports must be built to serve the projected grand coal project in the area, regional governor Viktor Tolokonsky says

June 27, 2016

World’s northernmost railway gets extension, will be connected with Arctic port Sabetta

Construction of another 170 km of rail across the Yamal Peninsula will start in 2017, regional leader Dmitry Kobylkin says.

June 23, 2016

Fennovoima one step closer to nuclear waste deal

The nuclear waste disposal firm Posiva Solutions has announced that it will provide assistance to Finnish nuclear power company Fennovoima in disposal of its spent nuclear fuel waste.

June 23, 2016

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