Chinese company COSCO confirms interest in trans-Arctic shipping to Arkhangelsk

Chinese company COSCO confirms interest in trans-Arctic shipping to Arkhangelsk

The development of deep water port on the Northern Dvina River could enable China's COSCO to bring in big-tonnage ships to Arkhangelsk, the company says. "This project...
OMV’s new appraisal well confirms potential in Arctic field

OMV’s new appraisal well confirms potential in Arctic field

Austrian oil company OMV believes the Wisting license in Norway's Barents Sea could hold up to 80 million standard cubic meters of recoverable oil...
Gold miners seek safety as political risks rise

Gold miners seek safety as political risks rise

VANCOUVER — Canadian miner Eldorado Gold Corp's threat this week to freeze investments in Greece after years of frustrating and costly permit delays highlighted the...
Finnish company comes to Murmansk, sets up Arctic oil spill response unit with Rosneft

Finnish company comes to Murmansk, sets up Arctic oil spill response...

The Finland-based Lamor company is establishing a joint venture with the Russian oil company Rosneft in Roslyakov, the formerly closed military town outside Murmansk. The...
WWF says Canada’s new Arctic shipping regulations cut corners

WWF says Canada’s new Arctic shipping regulations cut corners

As the deadline fast approaches for public comment on Canada’s new Polar Code-compliant shipping regulations, an environmental organization is asking Transport Canada for amendments...
Russia’s Zvezda yard, Rosneft and Rosmorport reach new icebreaker deal

Russia’s Zvezda yard, Rosneft and Rosmorport reach new icebreaker deal

A deal has been struck between Rosneft, the Zvezda yard and federal port development company Rosmorport which includes the construction of an icebreaker. The agreement...
Alaska Governor: Market interest in state’s LNG plan is ‘unprecedented’

Alaska Governor: Market interest in state’s LNG plan is ‘unprecedented’

Last September, Gov. Bill Walker gave himself a year to decide if the $43 billion Alaska LNG project should survive, a decision he said...
A Northern Sea Route free from ice is busy with shipping

A Northern Sea Route free from ice is busy with shipping

In waters normally covered by thick ice, ships are today sailing easily and without escorts. Ice data from Russia’s Arctic and Antarctic Research Institute show that...
Norway defends tax deductions on Arctic drilling

Norway defends tax deductions on Arctic drilling

STAVANGER, Norway — Norway's plan to shield oil companies from U.N. fees if they produce oil far from land in environmentally sensitive Arctic regions is in line...
Data from Alaska’s Arctic oil fields, worth millions of dollars, is about to be made public

Data from Alaska’s Arctic oil fields, worth millions of dollars, is...

The state of Alaska is planning to release a trove of seismic data from oil exploration surveys as early as mid-September that cost many millions...