Swiss climate tech firm to launch scaled-up CO2 capture plant in Iceland

Swiss climate tech firm to launch scaled-up CO2 capture plant in...

BRUSSELS — Construction is due to begin on Wednesday on what could become the world's biggest plant to capture carbon dioxide from the air...
American engineers exit Russia, leaving Arctic LNG projects in doubt

American engineers exit Russia, leaving Arctic LNG projects in doubt

U.S oil service company Baker Hughes will no longer provide engineering services to Russian LNG developers. That creates another serious headache for Novatek's LNG projects...
Russian renewable energy projects could soon lose foreign partners

Russian renewable energy projects could soon lose foreign partners

Finnish energy company Fortum is exiting Russia, and the same could soon be the case with Enel and other western companies “In addition to the...
Trafigura reports record first half, writes down interest in Russia’s Vostok Oil project to zero

Trafigura reports record first half, writes down interest in Russia’s Vostok...

LONDON — Global commodities trader Trafigura has completely written down its investment in Russia's Vostok Oil project in Siberia, the biggest oil development in...
Norway’s Hammerfest LNG sends out its first tanker in 20 months to an energy hungry Europe

Norway’s Hammerfest LNG sends out its first tanker in 20 months...

Norway's Hammerfest LNG project has resumed production and the tanker Arctic Voyager is first in line to bring liquefied natural gas, the equivalent to...
Only oil company that bid for ANWR tract gives up its lease

Only oil company that bid for ANWR tract gives up its...

The only oil company that bid in last year’s controversial Arctic National Wildlife Refuge lease sale has dropped the sole tract acquired in that...
How the EU’s latest sanctions could halt Russia’s Arctic oil plans

How the EU’s latest sanctions could halt Russia’s Arctic oil plans

When Russian oil company Gazprom Neft in 2016 launched its Arctic Gate terminal in the Gulf of Ob, it seemed beyond imagination that Russian...
Equinor makes a significant new Arctic oil discovery

Equinor makes a significant new Arctic oil discovery

Drilling in Arctic waters off northern Norway has revealed up to 50 million barrels of recoverable oil at Snøfonn Nord, near the Johan Castberg...
Equinor exits Russia joint ventures, transfers assets to Rosneft

Equinor exits Russia joint ventures, transfers assets to Rosneft

OSLO — Norway's Equinor said on Wednesday it has exited its Russian oil and gas joint ventures due to the war in Ukraine, transferring...
South Korean yard cancels order on Russian Arctic tanker

South Korean yard cancels order on Russian Arctic tanker

Daewoo Shipbuilding and Marine Engineering has announced cancellation of an LNG carrier ordered for the Russian Arctic LNG 2 project. The carrier is the first...