Move fast, sell cheap: How Norway’s Equinor exited Russia

Move fast, sell cheap: How Norway’s Equinor exited Russia

LONDON/OSLO — Norway's Equinor became the first Western oil major to fully exit Russia this month, avoiding the high-profile clashes with Moscow experienced by...
Sanctions are hitting Russian icebreaker builders

Sanctions are hitting Russian icebreaker builders

Russian companies Nornickel and Rosneft have scrapped plans to build high-tech icebreakers fueled by LNG. The vessels will instead be diesel-fueled, Deputy Head of...
Equinor, others apply for right to explore for oil and gas off Norway

Equinor, others apply for right to explore for oil and gas...

OSLO — Some 26 energy companies have sought Norway's permission to drill for oil and gas in this year's predefined areas licensing round, the...
Belarus’s Lukashenko eyes shipping goods to Asia via Russia’s Arctic route

Belarus’s Lukashenko eyes shipping goods to Asia via Russia’s Arctic route

Belarus President Alexander Lukashenko during a meeting with the governor of Russia's Murmansk region, Andrei Chibis, on Thursday said the re-routing of Belarusian exports...
Why Arctic wildfires are releasing more carbon than ever

Why Arctic wildfires are releasing more carbon than ever

Smoke from hundreds of wildfires darkened skies over the Alaska Interior this summer, with the state experiencing its fastest start to the fire season...
Gas from Gazprom’s major new project might be stranded in the Arctic

Gas from Gazprom’s major new project might be stranded in the...

There has been a big buzz in a remote area of Yamal tundra since construction work on Gazpronm's Kharasavey natural gas field was officially...
Novatek not interested in Fortum’s Russia assets, CEO says

Novatek not interested in Fortum’s Russia assets, CEO says

VLADIVOSTOK — Russian gas company Novatek said on Wednesday it does not want to acquire the Russian assets of Finland's Fortum, and that France's...
Nornickel dividend deal to lapse as Potanin, Deripaska avoid new row, sources say

Nornickel dividend deal to lapse as Potanin, Deripaska avoid new row,...

MOSCOW — A deal to cap dividends at Nornickel, the world's top palladium and refined nickel producer, will lapse at the end of this...
Equinor exits final Russia project in Arctic Kharyaga oilfield

Equinor exits final Russia project in Arctic Kharyaga oilfield

OSLO — Equinor has completed its exit from Russia, the Norwegian energy group said on Friday, delivering on a promise made after Russia's invasion...
Norway to extend life of its last Arctic coal mine

Norway to extend life of its last Arctic coal mine

Norway's state-owned coal company will extend production at its last mine in the Arctic Svalbard archipelago by two years until mid-2025 to help ensure...