More from: Industry and Energy

Finland’s Defense Ministry will do a new security assessment of the partly Russian-owned nuclear power plant project near Oulu in northern Finland.
February 22, 2022
Company Novatek decides to develop the Ob LNG on the basis of a floating gravity-based structure.
February 21, 2022
The successful shipment shows that year-round deliveries can be made on the Northern Sea Route, company Novatek argues after heavy loads carrier Audax completes six week voyage through thick sea-ice.
February 21, 2022
Two cubs had found a home around Gazprom's far northern Kharasavey field installations. Now they have been exiled to a remote national park.
February 09, 2022
Company Russian Platinum is ready to start development of its far northern Chernogorskoye project. Production is due to start in 2024.
February 04, 2022
Geopolitical tensions scare investors at Moscow’s stock exchange Monday. Big businesses with most of their income from oil, gas and metals in the Russian north take a hard hit.
January 24, 2022
The Medynsko-Varandeyskoye license is believed to hold as much as 410 million tons of oil.
January 21, 2022
The Semakovskoye field holds 320 billion cubic meters. Much of it is located offshore in the Gulf of Ob.
January 06, 2022
Norway’s export of seafood in 2021 was equivalent of 42 million meals every day of the year.
January 05, 2022
Despite polar dark and freezing cold, Rosneft sends thousands of tons of construction materials to its Vostok Oil project in the far northern Taymyr Peninsula.
January 04, 2022
Results are satisfactory, says shipowner Rosatom as the "Arktika" arrives in the east Arctic town of Pevek.
January 03, 2022
A new underwater pipeline connection across the great Arctic bay opens for untapping of major natural gas resources in the Yamal Peninsula. Local groups fear it will lead to the destruction of vulnerable ecosystems and their traditional livelihoods.
December 29, 2021
After Finnish state-owned operator Cinia and Russian MegaFon earlier this year put on hold plans to lay telecom cable from Europe to Asia north of Siberia, new partners have teamed up looking for an option via Iceland, Greenland, Canada and Alaska to Japan.
December 21, 2021
Among the assets included in the deal are several fields and licenses in far northern waters.
December 21, 2021
A difficult logistics situation on the Northern Sea Route has stirred anger and despair among shippers. Nevertheless, a convoy escorted by powerful icebreaker Arktika this week set out with course for Pevek.
December 21, 2021
Few days after several ships were rescued out of the sea-ice, nuclear icebreaker Yamal prepares for escort of heavy loads carrier Pugnax across the remote Arctic waters.
December 14, 2021
The new pulp plant in Kemi will produce more electricity than it consumes and no fossil fuel will be used.
December 13, 2021
Never before at this time of year have so many vessels been rescued out of the ice, says Russia's nuclear icebreaker operator Rosatom.
December 07, 2021
Russian oil company Gazprom Neft is exploring the resources of the far northern Gydan Peninsula. The goal is to open the world's northernmost mainland oil province.
November 26, 2021
A 1,300 meter long sea terminal berth and a working village for 900 people are under construction as part of Rosneft's huge Vostok Oil project.
November 19, 2021
The 15 ships that for the last two weeks have been ice-locked in Russian Arctic waters see release coming as a second icebreaker makes its way into the East Siberian Sea.
November 16, 2021
But one of them is reported to undergo environmental recovery.
November 12, 2021
The hydroelectric power plant in Kirakkaköngäs has been creating energy for the Inari region since the early 1950s. Located between the towns of Inari and Ivalo, the plant has been a staple for the locals who travel between the towns almost daily. Now, after 70-years of work, Inari municipality and Inergia Oy, the water and electricity supplier, are ready to cease the plant’s activity and allow water and fish to move freely between the local lakes and rivers.
November 01, 2021
The Swedish company buys a 25 percent stake in the far northern Wisting license. The project is to come into production in 2028 and might hold more than 500 million barrels of oil.
October 29, 2021
The Russian state company intends to produce 30 million tons in its Vostok Oil project in 2024. Most of it will be shipped to Murmansk, and from there along the Norwegian coast to the world market.
October 27, 2021

Pages