More from: Industry and Energy

All time high: Norway exported whitefish worth €1,32 billion in 2015 and the total seafood sales reached €7,75 billion.

200 million Swedish kroner put on the table for planning higher-speed railway from Umeå to Skellefteå.

No oil discovery at well drilled mid-winter in Norwegian sector of the Barents Sea.

As calm is descending on people and towns, Finnish Lapland fills up with tourists desiring white Christmas and a meeting with Santa.

Russia’s new Arctic super-port must get a railway connection, President Putin underlines.

Oil currencies tumble to a record low. For the first time since 1992, the Swedish krone is now stronger than the Norwegian. One US dollar is sold for 71 rubles.

Moscow has given thumbs up for a new 1085 km long highway connection between the regional capitals of Syktyvkar and Naryan-Mar, Komi Governor Sergey Gaplikov says.

The new owner of the Murmansk Fish Port intends to modernize fish processing and give access to oil and coal companies.

The Afrikanda deposit is one of the most perspective in the country, Murmansk regional authorities say.

The 300,000 ton tanker ”Umba” will serve Gazprom Neft’s Prirazlomnoye and Novoportovkoye fields.

As Norway invites its oil industry into new Barents Sea waters, it steps up talks with Russia over a cross-border exploration deal.