Energy

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...
Activists protest against Norway Arctic oil licenses

Activists protest against Norway Arctic oil licenses

OSLO — A group of environmental activists chained themselves in front of the Norwegian oil and energy ministry on Thursday to protest against the...
Why a 20,000-tonne oil spill in the Russian Arctic could take decades to clean up

Why a 20,000-tonne oil spill in the Russian Arctic could take...

After a storage tank in Norilsk, northern Russia, collapsed in late May, 20,000 tonnes of diesel fuel was released into the environment. Strong winds...
COVID-19 pandemic drove Novatek to bring LNG transfers back to Norway

COVID-19 pandemic drove Novatek to bring LNG transfers back to Norway

The coronavirus pandemic is forcing Novatek to return to Norway for the transfer of LNG from Yamal, rather than using its new Russian location...
Alaska pipeline built to survive extremes can’t bear slow oil flow

Alaska pipeline built to survive extremes can’t bear slow oil flow

Here at the top of the world, January brought a glimpse of the anxious future facing Alaska's once-mighty oil pipeline. The 800-mile trans-Alaska oil pipeline...
US regulators propose habitat protections for Alaska’s threatened ice seals

US regulators propose habitat protections for Alaska’s threatened ice seals

Eight years after ringed and bearded seals were granted Endangered Species Act protections, the federal government has released its plans to designate critical habitat...
Oil companies show less interest in remote Barents Sea licenses

Oil companies show less interest in remote Barents Sea licenses

Dwindling interest among major oil companies in the Norwegian shelf is evident in the country’s 25th license round. According to Norway's national Petroleum Directorate,...
Ottawa promises to exempt aviation fuel from carbon tax in Canada’s northern territories

Ottawa promises to exempt aviation fuel from carbon tax in Canada’s...

The federal government has committed to exempting aviation fuel used in Nunavut, Yukon and Northwest Territories from the country’s carbon tax. Under Ottawa’s carbon pricing...
Norway’s oil firms hike 2022 investment plans

Norway’s oil firms hike 2022 investment plans

OSLO — Norway's oil and gas firms plan to invest almost $18 billion this year, more than originally expected, as they take advantage of...
Sweden’s HYBRIT delivers world’s first fossil-free steel

Sweden’s HYBRIT delivers world’s first fossil-free steel

STOCKHOLM — Swedish green steel venture HYBRIT said on Wednesday that it had made the world's first customer delivery of steel produced without using...
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