Norway grants $111 million to clean hydrogen, ammonia projects

Norway grants $111 million to clean hydrogen, ammonia projects

OSLO — Norway on Friday granted 1 billion Norwegian crowns ($111 million) in support for three projects to produce emissions-free hydrogen and ammonia, including...
Bolstered by the battery boom, a mining company eyes 9 new open pits in Kola Peninsula

Bolstered by the battery boom, a mining company eyes 9 new...

After more than a decade of planning, the U.K.-based Eurasian Mining Plc now looks set to kick off a major development of its Monchetundra...
Italy export credit agency may insure $567 million Russian Arctic LNG plant loan, say sources

Italy export credit agency may insure $567 million Russian Arctic LNG...

ROME — Italy's SACE may insure a loan of around 500 million euros ($567 million) for Novatek's Arctic LNG 2, two sources close to...
France’s TotalEnergies to quit Russian oil supply contracts

France’s TotalEnergies to quit Russian oil supply contracts

PARIS/LONDON — French oil major TotalEnergies said on Tuesday it would not renew its Russian gasoil and crude oil supply contracts for its German...
Alaska court rejects a youth lawsuit over climate change

Alaska court rejects a youth lawsuit over climate change

The Alaska Supreme Court on Friday dismissed a lawsuit brought by young plaintiffs that faulted the state government for pro-oil policies — policies that...
Gas leak spurs evacuation at ConocoPhillips field in Alaska’s Arctic

Gas leak spurs evacuation at ConocoPhillips field in Alaska’s Arctic

ANCHORAGE — A days-long natural gas leak has forced a partial evacuation at one of the biggest oil fields in North Slope, Alaska, media...
TotalEnergies says it has 1.1 billion euros total exposure in Yamal LNG and Arctic LNG 2

TotalEnergies says it has 1.1 billion euros total exposure in Yamal...

PARIS — French company TotalEnergies, under pressure from politicians over its business interests in Russia, detailed a total exposure of 1.1 billion euros ($1.2...
Allianz becomes latest insurer to opt out of Arctic oil and gas

Allianz becomes latest insurer to opt out of Arctic oil and...

LONDON — Europe's biggest insurer Allianz plans to take a harder line on insuring the oil and gas industry, including new projects in the...
Putin’s Ukraine move puts a northern Finland nuclear plant project in jeopardy

Putin’s Ukraine move puts a northern Finland nuclear plant project in...

Although construction work at the site of the proposed new nuclear power plant in Pyhäjoki in northern Finland is in full swing, developments in...
Norway’s oil firms hike 2022 investment plans

Norway’s oil firms hike 2022 investment plans

OSLO — Norway's oil and gas firms plan to invest almost $18 billion this year, more than originally expected, as they take advantage of...