More from: Industry and Energy

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
Q3 profit was €186 million from the mining in northern Sweden.
October 27, 2017
Replacing «Imandra», the new ship will serve Russia’s new generation icebreakers and floating nuclear power plant.
October 27, 2017
The Murmansk salmon farmer says the Norwegians will help boost its annual production of red fish to 30,000 tons by year 2025.
October 25, 2017
Construction of infrastructure in remote Arctic town of Pevek is proceeding full steam as the moving to site of first ever floating NPP is less than two years away.
October 24, 2017
It will facilitate our export of liquified natural gas from the Arctic, says company owner and CEO Leonid Mikhelson.
October 24, 2017
«They are doing massive enquiries, inspections and other kind of intimidations», says Marina Kovtun.
October 23, 2017
Skellefteå gets thousands of new jobs and takes a leading position in the booming market for electric cars.
October 19, 2017
Telecommunication highway along the north coast of Siberia will link Finland with Asia via Kirkenes on Norway's Barents Sea coast.
October 17, 2017
The oil in the Tsentralno-Olginskaya-1 field is of high quality, light and low in sulphur, the company says.
October 16, 2017
The trains operating the line across the Yamal Peninsula will be fuelled by liquified natural gas.
October 13, 2017
Semisubmersible rig «Nanhai VIII» completes its operations in the Kara Sea and heads back to Chinese home port.
October 11, 2017
The first part of the Arctic gas plant will be ready in November and two shipments are planned the same month.
October 11, 2017
Swedish mining group, LKAB, is testing hydraulic fracturing, or fracking, at two sites in northern Sweden.
October 09, 2017