Compilation: Mining and drilling in the Arctic
Arctic countries are showing a growing interest in the region's natural resources. While some states are cancelling their plans for environmental or financial reasons, others are investing significantly. Eye on the Arctic looks back at the situation
Putin’s new Arctic law paves way for biggest ever industrialization in Northern Russia
By Atle Staalesen, The Independent Barents Observer // Friday, December 20, 2019
Offshore oil, liquified natural gas and the petrochemical industry will soon benefit from big tax cuts in new Arctic projects.... Read more...
Canadian feds return $430M to oil and gas companies ahead of Arctic offshore exploration ban
By Kate Kyle, CBC News // Wednesday, December 18, 2019
The federal government returned $430 million in security deposits to oil and gas companies that committed to... Read More...
Equinor drops plan for oil transfer terminal at Veidnes in northern Norway
By Thomas Nilsen, The Independent Barents Observer // Friday, December 13, 2019
The costs of constructing an oil terminal at Veidnes in Finnmark will be too high... Read More...
Latest LNG carrier arrives in Arctic Russian port, marks completion of tanker fleet
By Atle Staalesen, The Independent Barents Observer // Tuesday, December 3, 2019
The «Yakov Gakkel» in late November sailed into the Kara Sea with course for the Sabetta LNG terminal in Yamal... Read More...
Also:
Mining boost in Russian central Arctic to feed electric vehicle market
By Thomas Nilsen, The Independent Barents ObserverThursday, November 21, 2019
Russia’s Nornickel says it can supply enough battery packs to reduce global CO2 emissions by 50-100 million tonnes over the
Major rare metal plant planned for Russia’s central Arctic
By Atle Staalesen, The Independent Barents ObserverWednesday, November 20, 2019
On the remote Arctic tundra of Norilsk, in Russia’s central Arctic, comes a big plant for the production of palladium,
Mineral exploration plummets in northwestern Canada
By Dave Croft, CBC NewsTuesday, November 19, 2019
There’s concern about the future of mineral exploration in Yukon, a territory in northwestern Canada, after a sharp downturn in
Nickel plant in northwest Russia shutting down its first furnace
By Thomas Nilsen, The Independent Barents ObserverTuesday, November 19, 2019
With the closure comes a 33% cut in emissions from the infamous factory in the Russian, Norwegian borderland. Just one
Blog – Kiruna, an Arctic Swedish town built and relocated for mining
By Mia BennettWednesday, November 6, 2019
The Arctic mining town of Kiruna, Sweden has a mythical allure to it. The community of 18,000 people built its
Moody’s downgrades rating on $550M bond owed by Northern Canada mines owner
By Alex Brockman, CBC NewsWednesday, October 23, 2019
The murky future for two diamond mines in the Northwest Territories has led a major credit ratings agency to doubt
US sanctions against Chinese shipping company could hurt Russia’s LNG exports
By Atle Staalesen, The Independent Barents ObserverTuesday, October 1, 2019
Washington’s blacklisting of COSCO includes potentially devastating consequences for Russian LNG exports from the Arctic. The sanctions announced on the
Seattle council votes to withhold business from oil companies that explore Arctic Refuge
By Liz Ruskin, Alaska Public MediaThursday, September 19, 2019
The Seattle City Council voted Monday to avoid doing business with any company that that leases land in Arctic National
Russia showing renewed interest in Svalbard’s oil potential
By Atle Staalesen, The Independent Barents ObserverTuesday, September 3, 2019
The well Grumantskaya-1 in Svalbard proved little or no oil and gas resources and was soon abandoned by Soviet authorities.
LNG-reloading operations end in Norway’s Arctic waters
By Atle Staalesen, The Independent Barents ObserverMonday, July 8, 2019
Several million tons of liquified natural gas were reloaded in course of few months in the waters outside Honningsvåg, northern
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