Novatek signs construction contracts for Arctic LNG 2, as Yamal project hits milestone

Novatek signs construction contracts for Arctic LNG 2, as Yamal project...

Novatek, Russia's largest privately-owned natural gas producer, has signed several contracts for construction on its Arctic LNG 2 project, even as the company announces...
Norwegian ships accompany Chinese rig to Russian Arctic drill site

Norwegian ships accompany Chinese rig to Russian Arctic drill site

A fleet of supply ships, including some from Norway, surround the Chinese drill rig Nan Hai Ba Hao as it prepares to spud a...
Statoil finds more Arctic oil

Statoil finds more Arctic oil

Statoil's new Kayak well in the Barents Sea is believed to hold up to 50 million barrels, and the discovery can possibly be connected to...
Novatek’s Yamal LNG will face logistical challenges during the coming winter months

Novatek’s Yamal LNG will face logistical challenges during the coming winter...

Russian natural gas major Novatek is bound to face logistical challenges at its Yamal LNG operation despite ongoing efforts to streamline shipping operations. The...
ConocoPhillips earns $199M in 3 months in Alaska as projects near production

ConocoPhillips earns $199M in 3 months in Alaska as projects near...

ConocoPhillips earned $199 million in Alaska in the recent quarter and is moving toward new oil production at two fields, which include a project...
Federal agency has long list of questions for state led Alaska LNG project

Federal agency has long list of questions for state led Alaska...

The federal agency responsible for conducting the environmental review for the $55 billion Alaska LNG project has sent project officials 268 pages of comments...
Defective safety valve caused fuel spill at Nunavut mine, company says

Defective safety valve caused fuel spill at Nunavut mine, company says

Agnico Eagle Mines Ltd. says an April 8 fuel spill at its Meliadine mine site in Nunavut was likely caused by a defective safety...
A new report predicts what Nunavut offshore drilling might look like

A new report predicts what Nunavut offshore drilling might look like

Should the federal government say yes to oil and gas extraction off the east coast of Baffin Island?In a big joint report released last...
Gazprom Neft is considering LNG production in Russia’s Arctic

Gazprom Neft is considering LNG production in Russia’s Arctic

MOSCOW — Gazprom Neft, the oil arm of Russian gas giant Gazprom, is studying the possibility of its own liquefied natural gas production in...
While ANWR fight grabs headlines, a different part of Alaska’s Arctic is seeing a burst in oil exploration

While ANWR fight grabs headlines, a different part of Alaska’s Arctic...

While debate is focused on a controversial budget measure to allow oil drilling in the Arctic National Wildlife Refuge, a more accessible oil and...