Arctic oil town fears future as Imperial’s wells shut

Arctic oil town fears future as Imperial’s wells shut

When oil topped $100 a barrel three years ago, the tiny village of Norman Wells in Canada's high Arctic was gearing up to be...
Russia’s Arctic oil production sees big growth

Russia’s Arctic oil production sees big growth

Data from regional authorities show that oil extraction in the Yamal-Nenets Autonomous Okrug, the Nenets Autonomous Okrug and the Komi Republic in 2016 increased...
ConocoPhillips earned $233M in Alaska in 2016, a global highlight for the company

ConocoPhillips earned $233M in Alaska in 2016, a global highlight for...

ConocoPhillips slashed its global losses in the final three months of 2016 with help from more than $100 million of profits in Alaska, which...
Arctic oil can help solve climate challenges, Norway PM says

Arctic oil can help solve climate challenges, Norway PM says

Ice is melting and boundaries for economic activities are moving north. Norway’s Prime Minister Erna Solberg argues Arctic oil plays a role in solving...
Alaska gasline agency opens Tokyo office, replaces state’s representative in Japan

Alaska gasline agency opens Tokyo office, replaces state’s representative in Japan

The state gasline agency has opened an office in Tokyo and hired a former employee of the giant Mitsubishi Corp. who got to know Bill...
Newly opened Russian pipeline will mean more Arctic gas for Europe

Newly opened Russian pipeline will mean more Arctic gas for Europe

Gazprom’s new Bovanenkovo-Ukhta 2 pipeline will boost daily deliveries from the Yamal Peninsula to 264 million cubic meters. The 1,265-kilometer-long (about 786-mile-long) pipeline was officially...
ConocoPhillips announces Alaska discovery with daily production potential of 100,000 barrels

ConocoPhillips announces Alaska discovery with daily production potential of 100,000 barrels

ConocoPhillips on Friday heralded a promising new oil discovery on its leases in the nation’s petroleum reserve in Alaska that could produce up to...
Petroleum watchdog concerned about Eni’s Goliat platform

Petroleum watchdog concerned about Eni’s Goliat platform

Oil production at Goliat — the world’s northernmost operational offshore field — has been closed down since Dec. 26 last year after the discovery...
General Frost to the rescue: Cold helps Russia comply with OPEC deal

General Frost to the rescue: Cold helps Russia comply with OPEC...

MOSCOW — It has defeated armies trying to invade Russia in the past, and now the fabled Russian winter has come to Moscow's rescue again,...
Norway’s Statoil eyes an Arctic ‘elephant’ near Russian border

Norway’s Statoil eyes an Arctic ‘elephant’ near Russian border

Norway's Statoil is exploring an offshore oil prospect near the Russian border that could prove to be a major find. Experts believe the Korpfjell...