Lofoten sees better future without oil

Lofoten sees better future without oil

To drill or not to drill in the Lofoten waters: That is a question which has marred Norwegian politics for almost a decade. Now,...
Rosneft sells 19.5 percent stake to foreign investors

Rosneft sells 19.5 percent stake to foreign investors

The Russian oil company Rosneft has sold a 19.5 percent stake in the company.By doing this, they have successfully completed a government privatization plan...
Oil dips as OPEC, Russian output rises ahead of production cut

Oil dips as OPEC, Russian output rises ahead of production cut

LONDON — Global oil prices slipped on Tuesday as data showed crude output rose in most major export regions despite plans by OPEC and Russia...
Governor feuds with ExxonMobil as state moves to take over LNG project

Governor feuds with ExxonMobil as state moves to take over LNG...

An October letter from Gov. Bill Walker to an ExxonMobil executive suggests the governor deeply distrusts the company when it says it will continue to...
Nunavut iron mine proposes bigger ships, no spring ice-breaking

Nunavut iron mine proposes bigger ships, no spring ice-breaking

Baffinland Iron Mines Corp. has revised its latest plans for the Mary River iron mine expansion, proposing to increase open-water shipping out of Milne...
Rosneft explores more Arctic waters

Rosneft explores more Arctic waters

Despite low oil price and market uncertainties, Rosneft says it conducted 35,000 kilometers of 2D seismic mapping in 10 of its Arctic license areas.In...
Iceland’s volcanoes and hot springs are a step closer to powering UK homes

Iceland’s volcanoes and hot springs are a step closer to powering...

A proposed submarine power cable taking Icelandic green energy to the UK is now one step closer to becoming a reality, after a French...
Russia’s first offshore wind park comes to White Sea

Russia’s first offshore wind park comes to White Sea

A deal signed this week by Karelian Governor Aleksandr Khudilainen and Li Yan, Vice President of Sinomec, includes the investment of 9 billion rubles (€130...
EU ramps up energy efficiency target, but still room for Norwegian gas

EU ramps up energy efficiency target, but still room for Norwegian...

On Wednesday, Miguel Arias Cañete, Commissioner for Climate Actions and Energy with the European Commission, announced the European Union’s target to increase energy efficiency. By...
Rosneft seals deal over oil terminal in Murmansk

Rosneft seals deal over oil terminal in Murmansk

Sources in the Murmansk regional government tell Portnews that Rosneft has completed a deal to acquire 75 percent of the Lavna oil terminal in Murmansk. The...