Korean company eyes container shipping along Russia’s Arctic coast

Korean company eyes container shipping along Russia’s Arctic coast

As Arctic ice reaches historical lows, Asian shipping companies are developing more interest in trans-shipments along the Northern Sea Route, the Russian Arctic connection between...
A big North Slope oil field remains alive despite bankruptcy, isolation

A big North Slope oil field remains alive despite bankruptcy, isolation

The Umiat oil field, now with a new owner after the previous one went broke, remains as promising yet as challenging as ever, with...
Norway authorities stop Greenpeace protests at Arctic well

Norway authorities stop Greenpeace protests at Arctic well

OSLO — Norwegian coast guards stopped Greenpeace from protesting at a site of the country's northernmost exploration well drilled by Statoil, the environmentalist group said...
ConocoPhillips accepts state deal to drill promising oil field

ConocoPhillips accepts state deal to drill promising oil field

ConocoPhillips has accepted a deal from the state allowing it to add an increasingly promising oil prospect to its Colville River Unit on the North...
Moratorium on offshore Arctic licenses will continue, says Russian minister

Moratorium on offshore Arctic licenses will continue, says Russian minister

The Russian Ministry of Natural Resources introduced the moratorium on oil and gas licenses in Arctic waters in August 2016. And it is unlikely...
World’s largest data center to be built in Ballangen, Norway

World’s largest data center to be built in Ballangen, Norway

Ballangen, a small town in Northern Norway, is set to become home to the world’s largest data center. The Kolos facility is being developed by...
North American Arctic shipping forum to focus on Polar Code

North American Arctic shipping forum to focus on Polar Code

An Arctic shipping forum set for this this fall in Montreal will focus on the Polar Code and what consequences its entering into force has for...
Statoil spuds controversial prospect in northern Barents Sea

Statoil spuds controversial prospect in northern Barents Sea

Drilling began last Monday at a controversial Statoil prospect more than 400 kilometers north of mainland Norway and is expected to last until early September. For...
Rosneft, Gazprom map new Arctic resources

Rosneft, Gazprom map new Arctic resources

Russian oil company Rosneft recently confirmed that it has started mapping of four license areas in the Pechora Sea. In the course of the...
Novatek head touts job-boosting potential of LNG projects in Russia’s Arctic

Novatek head touts job-boosting potential of LNG projects in Russia’s Arctic

In a meeting with the Russian Premier Dmitry Medvedev last week, leader of Novatek Leonid Mikhelson underlined that the development of the grand Yamal...