More from: Industry and Energy

New powerful icebreakers are under construction, but to meet demand the current fleet of nuclear icebreakers in Murmansk will have to sail 5-10 years longer than originally planned.
March 12, 2019
The regional treasury is strapped of cash, but natural gas company Novatek still gets almost 12 billion rubles of tax breaks for its Belokamenka project.
March 12, 2019
It is about lowering the risks, says Finance Minister Siv Jensen. But the decision to kick out oil exploration and production companies from the country’s pension fund could be seen as a first move towards a bigger exit from the energy sector.
March 08, 2019
CEO of Russian private natural gas producer Novatek, Leonid Mikhelson, has a net worth estimated at $24 billion by Forbes.
March 06, 2019
The world’s only ship of its kind will deliver thousands of tons of construction materials to the Arctic LNG 2 project in peninsula Gydan.
March 06, 2019
Company Total acquires 10 percent of the Arctic LNG 2 project and gains exclusive rights over future developments in Russia’s most prosperous natural gas region.
March 05, 2019
Rosneft mulls building of a 600 km long pipeline from its Vankor oil fields to the Kara Sea.
February 28, 2019
A new report has called for closer and broader regulation of mining activity in the Arctic region. The authors of the report said that there has hitherto been surprisingly little research on the environmental risks associated with mining in the Arctic as well as measures that could mitigate those risks.
February 25, 2019
Sami interests and environmental groups will appeal the Norwegian Government’s decision on Thursday to grant permission for controversial mine waste dumping in Repparfjord on the coast to the Barents Sea.
February 14, 2019
New investors join efforts in the projected Lavna coal terminal.
February 14, 2019
The Norwegian company found no oil in the well located few kilometers from the border to Russia.
February 12, 2019
Finnish-Norwegian working group says cargo volumes are too small to justify building a railway from Rovaniemi to Kirkenes.
February 11, 2019
The company must be allowed to continue LNG shipping with foreign-built tankers, Yuri Trutnev says.
February 08, 2019
Sulphur dioxid gas still lies thick over over the nickel plants located along the border to Norway. But there are now major emission cuts in the making, the company says.
February 07, 2019
Could enable direct electricity supply to remote Arctic regions at lower cost than a shore based gas power plant.
February 06, 2019
Finnish Government includes Rail Baltica project in infrastructure plan as it invites private investors to participate future development.
February 02, 2019
The «Boris Sokolov» sailed from China and all along the Northern Sea Route in mid-winter.
January 25, 2019
Goods volumes in Sabetta increased by more than 130 percent and Murmansk had its best year ever.
January 25, 2019
The vessels are crucial for our expanding Arctic oil production, says Gazprom Neft.
January 24, 2019
Company Total reportedly wants to operate the LNG terminal planned built near Vidyaevo on coast of Barents Sea.
January 24, 2019
A package on a blowout preventer was unintentionally disconnected and work therefore had to be halted, Norway’s petroleum watchdog agency reports.
January 22, 2019
There is unease in several Russian government ministries as officials start to understand that the President’s objectives for the Northern Sea Route can not be reached. The only way to please the president might be to expand the sea route itself.
January 18, 2019
A total of 14 powerful LNG carriers this Wednesday crowded at loading and reloading facilities in northern Norway.
January 17, 2019
«It is time for reflections about what we have achieved in these years, the country’s oil minister said as he announced the record number of 83 new licenses.
January 16, 2019
The Norwegian Petroleum Safety Authority gets serious criticism for its followup of security in Norwegian waters.
January 15, 2019