Russia’s offshore Arctic oil platform Prirazlomnaya to close for 3 months

Russia’s offshore Arctic oil platform Prirazlomnaya to close for 3 months

The platform at Russia's Prirazlomnaya offshore oil field will close for three months, but that won't stop the field from boosting production over last...
A natural gas project in Alaska’s Arctic gets Chinese backing

A natural gas project in Alaska’s Arctic gets Chinese backing

A Chinese oil company along with a top bank and the nation’s sovereign wealth fund have agreed to back Alaska’s proposed natural gas 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...
Russia begins drilling in remote Taymyr Peninsula

Russia begins drilling in remote Taymyr Peninsula

Half a year ahead of original schedules, Lukoil has started drilling in its East Taymyr license, an area located in the far northern Taymyr...
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...
A new effort is underway to find how much oil is beneath Alaska’s Arctic refuge, petroleum reserve

A new effort is underway to find how much oil is...

Spurred by a president who wants oil companies to drill in the Arctic National Wildlife Refuge, federal geologists have begun poking around the controversial...
Oil dips as OPEC, Russian output rises ahead of production cut

Oil dips as OPEC, Russian output rises ahead of production cut

LONDON — Global oil prices slipped on Tuesday as data showed crude output rose in most major export regions despite plans by OPEC and Russia...
Going all in: Norway proposes massive opening of Arctic shelf

Going all in: Norway proposes massive opening of Arctic shelf

As if in a hurry ahead of an upcoming ban, the Norwegian government on Monday announced that it proposes to include a total of...
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...
New Laptev Sea oil prospect a ‘unique’ find, Rosneft head tells Putin

New Laptev Sea oil prospect a ‘unique’ find, Rosneft head tells...

As his company is exploring one of its northernmost ever wells, Rosneft chief Igor Sechin this week met with Russian President Vladimir Putin to...