Denning polar bears need better protection from Alaska oil development, scientists say

Denning polar bears need better protection from Alaska oil development, scientists...

For the oil industry, safe operations on Alaska’s North Slope require avoidance of polar bears. But for more than a decade, a new study...
JPMorgan Chase becomes the second major US bank to drop Arctic oil financing

JPMorgan Chase becomes the second major US bank to drop Arctic...

One of the largest U.S. financial institutions on Tuesday announced a sustainability policy that precludes any backing for new Arctic oil development.The new policy...
The IMO moves closer to an Arctic HFO ban — but with some exceptions

The IMO moves closer to an Arctic HFO ban — but...

A week-long session of a key International Maritime Organization sub-committee in London ended Friday with some movement toward a ban on heavy fuel oil...
Trump’s 2021 budget includes more funding for icebreakers, other Arctic priorities

Trump’s 2021 budget includes more funding for icebreakers, other Arctic priorities

The Trump administration's $4.8 trillion proposed 2021 U.S. budget was released Monday, and it includes funding for several Arctic-related initiatives. Key among these are...
Greenland turns to ‘higher intensity’ marketing to re-energize oil exploration

Greenland turns to ‘higher intensity’ marketing to re-energize oil exploration

Greenland has all the makings of a profitable oil province, but it cannot expect the industry to come knocking on its door. That's the...
Rosneft tells Putin its new Arctic project will be biggest in global oil

Rosneft tells Putin its new Arctic project will be biggest in...

Igor Sechin, head of Russia's state oil company Rosneft, has worked with Russian President Vladimir Putin since the 1990s and is considered among the...
Equinor broadens scope of carbon targets to match rivals

Equinor broadens scope of carbon targets to match rivals

OSLO/LONDON — Equinor joined other major European oil and gas companies on Thursday by including emissions from the fuel it sells to customers in...
Moscow outlines a €210 billion incentive plan for Arctic oil

Moscow outlines a €210 billion incentive plan for Arctic oil

A new tax regime for the Russian Arctic aims to provide for an unprecedented wave of investment in oil and gas drilling in the...
Gazprom eyes a huge new field in Yamal

Gazprom eyes a huge new field in Yamal

Russian natural gas company Gazprom has revised upwards its estimates for a new natural gas field on the Yamal Peninsula.The Kruzenshternskoye field holds up...
Novatek is set to order up to 42 new ice-hardened LNG carriers

Novatek is set to order up to 42 new ice-hardened LNG...

With the opening of Novatek’s newest and largest Arctic natural gas project, Arctic LNG 2, just three years away, Novatek’s Chairman of the Board...