More from: Industry and Energy

Fennovoima expects to spend some €500 million on building its planned nuclear power plant in northern Finland even before the building permit has been granted, according to the company.
December 08, 2017
After three months stop for safety reasons, ENI was on Friday granted permission to re-start oil pumps in the Barents Sea.
December 08, 2017
The number of companies that want to drill in new Barents Sea acreage is dwindling.
December 07, 2017
With Novatek’s second Arctic LGN-plant in pipe, Rosatomflot Director Vyacheslav Ruksha says the Northern Sea Route «simply requires more icebreakers.»
December 06, 2017
As Novatek officially pushes the button and starts production of LNG in its huge Yamal project the big question is whether President Putin will appear on site as the first shipment of liquified natural gas leaves port later this week.
December 05, 2017
The development of the Johan Castberg will cost €5 billion and generate thousands of jobs, the company says.
December 05, 2017
The company keeps working for a hub on the Pechora Sea coast.
November 29, 2017
Mikhail Fridman and his Letter One could gain stronger ground in Norwegian waters as a merger between DEA and Wintershall is on the table.
November 27, 2017
Atomflot service base north of Murmansk does not have enough berths to serve the fleet of new icebreakers under construction.
November 22, 2017
Oil company Lundin drilled dry in the Hufsa well. It is another setback for the oil industry in the Barents Sea.
November 22, 2017
The historic first shipload of liquefied natural gas to the Manga import terminal in Tornio, northern Finland, comes from the Barents Sea.
November 21, 2017
Only Russian vessels will soon be allowed to ship oil and gas along the Northern Sea Route.
November 17, 2017
Analyses by the investment management show that the fund can be made less vulnerable if staying away from oil and gas stocks.
November 17, 2017
The jackup rig is on site, and the Russian natural gas company will drill as soon as ice melts in the Gulf of Ob next year.
November 15, 2017
The Markbygden ETT wind farm in Swedish Lapland takes a big step towards development as GE and Green Investment Group put €800 million on the table.
November 08, 2017
Container shipping between Petropavlovsk-Kamchatsky and Murmansk on agenda in Seoul.
November 07, 2017
It was an innovative project which was to power several local villages with green energy. Two years after it opened, the strong Arctic winds have knocked down the turbines.
November 07, 2017
Canada’s decision to halt offshore oil and gas exploration in the Arctic is akin to the re-emergence of colonialism, says the premier of Canada’s Northwest Territories (NWT) as he called for « an urgent national debate on the future of the Northwest Territories, » in a blistering news statement released on Wednesday.
November 06, 2017
A subsidiary of Araca Energy wins another two licenses in the Komi Republic.
November 06, 2017
The scandal-hit Barents Sea development could be the first oil field in Norway to cost the country money.
November 06, 2017
It is high time that the company is deprived its operator responsibility, environmentalists say as Eni continues to push the limits in its scandal-ridden «Goliat» project.
November 03, 2017
Parliament Member fears Norway never will make money from ENI’s scandal platform in the Barents Sea that now has been shut down for two months.
November 02, 2017
It will significantly expand our capacity to map the Arctic shelf, leader of company Sevmorneftegeofizika says.
November 01, 2017
Company CEO and owner Leonid Mikhelson goes to China to sign landmark agreements with project investors. Meanwhile, excavators remove millions of tons of land mass from the shores of the Kola Bay preparing the ground for Russia’s next major Arctic project.
October 31, 2017