Energy

Norway’s Supreme Court hears Arctic snow crab case affecting oil, minerals

Norway’s Supreme Court hears Arctic snow crab case affecting oil, minerals

OSLO — Norway's Supreme Court on Tuesday began hearing arguments on whether EU ships can fish for snow crab off the Arctic islands north...
A new University of Alaska report aims to help state leaders craft energy policies as the Arctic changes

A new University of Alaska report aims to help state leaders...

The University of Alaska has released a new report on Alaska energy issues, ranging from its history of fiscal challenges to the potential for...
Norway awards 47 oil and gas exploration permits

Norway awards 47 oil and gas exploration permits

SANDEFJORD, Norway — Norway has awarded 47 new offshore oil and gas exploration permits to 25 firms in its latest mature areas licensing round,...
Russia sends more Arctic oil to China and India after sanctions kick in

Russia sends more Arctic oil to China and India after sanctions...

SINGAPORE/NEW DELHI — Russia is sending more crude oil produced in the Arctic to China and India, and at steeper discounts, after Europe slammed...
Switzerland’s Vitol sells stake in giant Russian Arctic oil project

Switzerland’s Vitol sells stake in giant Russian Arctic oil project

LONDON — Global commodities trader Vitol has sold its interest in the giant Vostok Oil project in the Russian Arctic, led by the Kremlin-controlled...
AIDEA approves more spending as it seeks to open Arctic refuge for drilling

AIDEA approves more spending as it seeks to open Arctic refuge...

Alaska’s state-owned development bank is continuing its efforts to open the coastal plain of the Arctic National Wildlife Refuge to oil and gas drilling. Directors...
Russian pipeline gas exports to Europe collapse to a post-Soviet low

Russian pipeline gas exports to Europe collapse to a post-Soviet low

MOSCOW — Russian gas exports to Europe via pipelines plummeted to a post-Soviet low in 2022 as its largest customer cut imports due to...
Eni’s Vaar Energi makes Arctic gas discovery

Eni’s Vaar Energi makes Arctic gas discovery

OSLO — Norway's Vaar Energi, majority owned by Italy's Eni, said on Friday it had made a gas discovery near the Goliat field in...
With leases suspended, Alaska agency wants $6 million more for Arctic refuge drilling campaign

With leases suspended, Alaska agency wants $6 million more for Arctic...

Alaska’s economic development agency has released plans to spend $6 million next year to advance its campaign to search for oil in the Arctic...
Yamal 2022 LNG output seen at 21 million tonnes, says Interfax

Yamal 2022 LNG output seen at 21 million tonnes, says Interfax

The Yamal LNG project is set to produce 21 million tonnes of liquefied natural gas in 2022, the Interfax news agency reported on Monday,...
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