More from: Industry and Energy

With Chinese rig, Gazprom makes another major Kara Sea discovery

Gazprom says the new discovery makes the commercial value of the Leningradskoye field much higher than before.
October 12, 2020

After 80 years of legendary Arctic sailing comes bankruptcy for Murmansk Shipping Company

It was once Russia's leading shipper in Arctic ice. This week, the company was declared bankrupt.
October 08, 2020

A drilling rig is moving north. It is part of Lundin Energy's expanded presence in the Barents Sea

The Swedish company moves against the tide as it boosts its license portfolio in the north Norwegian waters.
October 06, 2020

Another smoggy Sunday in the town with factories owned by Russia's richest man

Nornickel’s pollution cloud covering the fragile taiga forest on the Kola Peninsula comes only a few days after CEO Vladimir Potanin said a company that pays high dividends to shareholders must be able to spend serious funds on ensuring sustainable development.
October 04, 2020

Fire breaks out at Hammerfest LNG plant

Europe’s northernmost plant for making liquid natural gas, on Norway's coast to the Barents Sea, is shut down and evacuated as local firefighters try to extinguish the fire.
September 28, 2020

As sea-ice shrinks to record-low, Rosneft prepares for northernmost ever drilling

A drillship is on its way towards the northern parts of the Kara Sea.
September 28, 2020

Norwegian drillers hungry for more oil

But regulators could soon limit their access to prospective new acreage.
September 25, 2020

Putin's grand target for Arctic shipping will not be met

Developers of the Northern Sea Route admit that shipments will not reach 80 million tons by 2024.
September 11, 2020

After years of big growth comes decline for Russian Arctic seaports

Reduced shipments of oil give more quiet days for sea terminal workers along the country's Arctic coast.
August 28, 2020

Military land on Kola coast could become site for new Arctic container port

The governor of Murmansk is calling on the Ministry of Defense to release acreage for a projected major Arctic terminal.
August 25, 2020

Finest drops of Arctic oil on Putin’s table

Simply fabulous quality, Rosneft leader Igor Sechin says as he gives the President a bottle of oil from his new Arctic project.
August 20, 2020

Rocket launchpad is sent through Arctic waters to Russia's new space center Vostochny

Almost a month after it set out from Severodvinsk, cargo ship "Barents" arrives in the Russian Far East with key components for the space launch center.
August 14, 2020

Arctic mine signs giant copper contract with a green touch

A clean production cycle is highlighted as the German smelter Aurubis enters agreement to buy the full production of copper concentrate for the first ten years of operations at Nussir mine in northernmost Norway.
August 12, 2020

Survey ship sets out from Kirkenes with mission to find underwater route for trans-arctic fiber cable

The Norwegian border town could become hub for an almost 14,000 km long telecom cable between Asia and Europe. Researchers this summer explore the best suited route across the Arctic seabed.
August 11, 2020

Miners drill in Novaya Zemlya, prepare for opening of new pit

About 100 workers are drilling 45 exploration wells in the remote Arctic Pavlovsky license area.
August 07, 2020

Arctic oilmen put their eyes on protected land

Oil company Rosneft intends to drill for oil in a protected nature reserve in the far northern Taymyr peninsula.
June 26, 2020

More than 100 million cubic meters of sea bottom is removed from this Arctic bay to make way for grand natural gas project

Researchers believe Novatek's dredging in the Gulf of Ob might ruin local ecosystems and eliminate fish stocks.
June 17, 2020

Russia might reopen airport near border to Norway

Talks are in process over possible flights to Korzunovo, the abandoned air field controlled by the Northern Fleet.
March 02, 2020

Black day for coal company as it abandons grand Arctic dig

Vostok Coal is giving up its great Arctic project. The buyer of the vast coal reserves of the Taymyr Peninsula might be state nuclear power company Rosatom.
February 04, 2020

Harsh reactions to Norway’s new oil blocks: environmentalists say they are sick and tired of ruthless policy

Mounting criticism against Oslo from climate activists as government awards oil companies massive number of new drilling licenses.
January 14, 2020

Northern Fleet’s new multipurpose Arctic tanker starts service in Barents Sea

The «Akademik Pashin» can simultaneously provide three vessels with fuels and other goods while sailing at open sea.
December 30, 2019

Rosatom eyes shipments of grain on Northern Sea Route

Up to 1 million tons could be shipped annually to the seaport of Sabetta and from there exported to Southeast Asian countries, the state company believes.
December 30, 2019

World’s most remote nuclear-power plant gets extended operational license

One of the reactors at Bilibino NPP has got permission for another five years despite the nearby new floating nuclear power plant now is in operation.
December 29, 2019

Barents Sea king crab quotas auctioned for €600 millions

Russia’s new move, going from a quota distribution system based on historical catch to auctions, has generated big revenue to the federal government.
December 29, 2019

Nornickel CEO added almost $8 billion to his personal fortune in 2019

Oligarch Vladimir Potanin now ranks third on Forbes list of wealthiest persons in Russia. He can thank the smelters and mines at the Taimyr- and Kola Peninsula for the boost fortune.
December 26, 2019

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