Myths about Shell’s Arctic Alaska pullout persist
When Royal Dutch Shell announced that it had lost its big-money bet in the Chukchi Sea and would end its entire program
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Business
Arctic Alaska oil lease auctions scheduled for November
U.S. state and federal agencies will hold jointly scheduled auctions to lease oil and gas tracts across Arctic Alaska next
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Norilsk Nickel halts Murmansk mine production
The company is closing down its biggest mine in the Kola Peninsula following plummeting raw material prices. Consequences will dramatic
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New pipeline connects Arctic with Europe
The last pipe has been laid at the 482 km long Polarled Pipeline, the first Norwegian pipeline stretching north of
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Blog: Arctic Energy Summit – Mood subdued after Shell news
It felt like somebody had died. Such was the mood on the frigid floor of the Arctic Energy Summit this
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Finland’s competitiveness drops, but still tops Nordics
The World Economic Forum has ranked Finland as the eighth most competitive economy in the world – a drop of
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Shell’s failure latest in series of Arctic flops
After pouring billions of dollars into offshore Arctic leases and a complicated drilling program that used the latest available technology,
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Blog: Singapore and the Arctic
In Singapore, they say, there are two seasons: summer outdoors and winter indoors. On a hot and dangerously hazynight last
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China to provide parts for Russian offshore projects
Chinese companies will provide a lion’s share of the technology needed for Russian offshore energy projects, the government plans. In
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Finland trims economic growth forecast
Finland’s Finance Ministry says Finnish public finances will remain in deficit until the end of the decade, even if government
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What Shell’s decision means for Alaska economy
Views on the impact of a Shell pullout from the already fragile Alaska economy ranged from dire to cautious Monday,
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Why Shell stopped drilling in Arctic Alaska
Royal Dutch Shell will abandon its Arctic oil exploration efforts in Alaska’s Chukchi Sea after spending billions of dollars on
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Gazprom, Rosneft fight over Arctic field
Both Gazprom and Rosneft want the license to the Murmanskoye field in the Barents Sea. The scene is set for
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Mining co. on bankruptcy brink in Arctic Norway
Bankruptcy looms for iron-ore miner Sydvaranger in Kirkenes as subcontractor stops deliveries of spare parts. According to newspaper Dagens Næringsliv,
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Nobel laureate’s advice to Finland’s PM
Stop obsessing about government debt and focus more on how to stimulate economic growth. That’s the advice from leading economist
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