Chinese drill rigs make big gas discovery in Russian Arctic waters
A Chinese drill rig operating in Russia's Kara Sea and revealed one of the nation’s largest natural gas fields.
Drilling by the semisubmersible rig Nanhai...
Alaska faces triple hit from coronavirus due to reliance on oil,...
ANCHORAGE — The U.S. state of Alaska is, for the moment, distant from the worst medical ravages of the coronavirus pandemic. But its economy...
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...
Statoil’s new Arctic field needs oil prices of just $30 a...
Norwegian oil company Statoil says its Johan Castberg field will come on stream in year 2022 and prepare the way for the development of more northern fields,...
Greenland welcomes US aid, but some lawmakers fear it could bring...
Details of a $12.1 million American aid package to Greenland, announced on Thursday, remain scarce, but the money will be directed toward programs in...
Iceland’s volcanoes and hot springs are a step closer to powering...
A proposed submarine power cable taking Icelandic green energy to the UK is now one step closer to becoming a reality, after a French...
China just received its first LNG shipment to arrive directly from...
A liquified natural gas shipment arrived in China from Russia's Yamal LNG project via the Northern Sea Route for the first time on Thursday,...
Clash of the titans: Rosneft takes on Gazprom in gas markets
LONDON — Russian energy major Rosneft is increasingly challenging domestic rival Gazprom in international gas markets, from West Africa to Turkey and even Europe,...
Developers plan several more floating reactors for Russia’s East Arctic coast
Russia's state-owned nuclear power company Rosatom intends to build five floating nuclear power plants in the Chukotka Peninsula to serve several mining projects in...
Russia’s Northern Sea Route sees record cargo volume in 2018
Russia’s Northern Sea Route saw another record-setting year in 2018 as 18 million tons of cargo traveled along the country’s Arctic coastline. This compares...
