Energy

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...
Combine diesel, renewable energy for big savings, Nunavut study says

Combine diesel, renewable energy for big savings, Nunavut study says

Cleaner, greener energy could mean millions of dollars in savings for Nunavut communities and more self-reliance from the South, according to a new study...
Eni’s Arctic platform Goliat halts production

Eni’s Arctic platform Goliat halts production

Eni's Goliat platform, located in the Norwegian Barents Sea, shut down production on Dec. 26 after the discovery of a technical error with the pipe connecting...
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...
In Greenland’s hunt for oil, all’s quiet on the west coast

In Greenland’s hunt for oil, all’s quiet on the west coast

Despite attracting considerable attention initially, three on-shore drilling areas on Greenland’s western coast have turned out to be something of a bust. The Dec....
Imperial Oil, BP in limbo after Canada freezes Arctic drilling

Imperial Oil, BP in limbo after Canada freezes Arctic drilling

Energy firms including Imperial Oil and BP will get a year of consultations to hash out the fate of their rights in Canada's Arctic...
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