More from: Industry and Energy

Tugs start towing floating nuclear power plant across the Northern Sea Route from Murmansk to Chukotka in what is just the new beginning of a massive investment in new reactors for civilian and military purposes in the Russian Arctic.
August 23, 2019
The projected reloading terminal for LNG in Ura Bay outside Murmansk has been fully approved by Russian military authorities, Novatek leader Leonid Mikhelson assures.
August 23, 2019
The current state monopoly on shelf development must end and foreign companies given access, Yuri Trutnev argues.
August 20, 2019
A light discovery is made in Sputnik, a well located near the bigger Wisting field.
August 20, 2019
Roman Trotsenko is ready to invest large sums in the opening of a far northern coal mine and the building of a new major seaport on the Barents Sea coast.
August 14, 2019
How much goods can be shipped along Russia’s Arctic route between Europe and Asia? The Ministry of Transport believes shipments can grow as much as 35 million tons in only one year.
August 08, 2019
Today’s floating docks in Murmansk are too small for the new fleet of LK-60 icebreakers.
August 08, 2019
Five years after it found one of the largest oil fields in Arctic waters, Rosneft makes clear that more drilling in the Kara Sea is coming up.
July 30, 2019
The fourth and fifth icebreakers of the LK-60Ya type have a price tag of 50 billion Rubles (€710 million) each.
July 23, 2019
A fleet of supply ships surround the «Nan Hai Ba Hao» as it gets ready to spud a well in the Kara Sea.
July 16, 2019
A citizen’s initiative to reform Finland’s mining law has received 50,000 signatures, meaning that the proposal now qualifies for consideration on the parliamentary floor.
July 16, 2019
The company is no longer capable of operating the 42 year old liner that serves isolated settlements along the Kola Peninsula.
July 15, 2019
The company makes clear that it can build a 600 km long pipeline to the Arctic Ocean and export millions of tons of oil through Arctic waters. But only if it gets major tax benefits from government.
July 11, 2019
With new super-powerful icebreakers, the Russian Arctic route might be able to compete with the Suez Canal, leader of nuclear power company Rosatom argues.
July 10, 2019
The Finland to Estonia undersea rail tunnel project led by businessman Peter Vesterbacka has taken a step forward.
July 09, 2019
Nornickel makes big money and has tripled payouts to its sharholders over the last three years.
July 08, 2019
Several million tons of liquified natural gas were reloaded in course of few months in the waters outside Honningsvåg, northern Norway.
July 05, 2019
The «Akademik Lomonosov» has been officially handed over to the Russian state nuclear power company.
July 04, 2019
It is the third year in a row that drilling rig «Nan Hai 8» arrives in Murmansk to prepare for drilling in Arctic waters.
July 04, 2019
The «Vladimir Rusanov» is breaking its way from Sabetta to Korea through Russia’s Arctic route.
July 02, 2019
Companies Mitsui and JOGMEC acquire a 10 percent share in Novatek’s Arctic LNG 2.
July 01, 2019
The «Akademik Lomonosov» will be towed from Murmansk to Pevek in August when the sea ice is at its minimum for the season.
June 28, 2019
Russian Prime Minister Dmitry Medvedev signs the decree that is to turn the remote Arctic settlement into a hub for shipments on the Northern Sea Route.
June 26, 2019
The unique birdlife on the island of Kolguyev needs protection, environmental authorities say.
June 25, 2019
The company that was to develop the huge natural gas field in the Barents Sea has been quietly abolished.
June 21, 2019