Chinese drill rigs make big gas discovery in Russian Arctic waters

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...
BP set to return to Russian Arctic

BP set to return to Russian Arctic

The British company is formalizing the establishment of its new joint venture with Russia’s leading oil company, Rosneft. The Yermak Neftegaz will engage in exploration...
Chinese rig proceeds drilling in Kara Sea

Chinese rig proceeds drilling in Kara Sea

The Chinese drill rig Nanhai-VIII  is spudding this year’s only offshore well in the oil-rich Russian Arctic region. The field is called Leningradskoye and the...
Alaska Governor nominates US Arctic waters for offshore oil and gas leasing

Alaska Governor nominates US Arctic waters for offshore oil and gas...

Alaska Gov. Bill Walker has nominated the two seas covering the Arctic Ocean’s U.S. continental shelf for inclusion in the federal government’s five-year offshore leasing program,...
Trump administration schedules another Arctic oil lease sale amid push for more Alaska drilling

Trump administration schedules another Arctic oil lease sale amid push for...

The Trump administration is putting oil leases for 3.98 million acres of federal lands in Arctic Alaska on the auction block next month, part...
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...
China just received its first LNG shipment to arrive directly from the Russian Arctic by ship

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,...
Russia’s Rosneft seeks government backing for massive Arctic oil pipeline

Russia’s Rosneft seeks government backing for massive Arctic oil pipeline

Rosneft leader Igor Sechin says his company needs €36 billion in tax cuts for a planned oil pipeline to the Arctic Ocean. But Russia’s...
Busting the 2,000-acre myth about drilling in Alaska’s Arctic refuge

Busting the 2,000-acre myth about drilling in Alaska’s Arctic refuge

The recent Republican tax bill, signed into law by President Trump, calls for two oil and gas lease sales in the Arctic National Wildlife...
As Norway’s North Sea fields wind down, the replacement remains a day away

As Norway’s North Sea fields wind down, the replacement remains a...

Norway’s oil and gas industry will see increased exploration and investment in the coming year, but the majority will...