Russian oil production to drop by 70,000 barrels a day in 2015 – OPEC
Given the impact of sanctions, low prices and the absence of any large projects expected to come on-line, oil production
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Business
Finland’s real estate market forecast to slump in 2015
Finland’s real estate market is set to continue to slide this year, according to a new report. Investors are more
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New guidelines for polar shipping
As more and more ships travel through polar waters, new training guidelines for their masters, navigators, and crews have been
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Stymied in the Lower 48, Alberta floats idea of moving tar-sands oil through Alaska
Officials in the Canadian province of Alberta say they hope to talk to Alaska leaders about shipping tar-sands crude oil
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Hbl: No Finnish Navy orders for Russian-owned shipyard
The Finnish Navy’s Chief of Staff says it will not seek any bids from Helsinki’s Russian-owned Arctech Shipyard. Since Helsinki’s
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Deteriorating relations with Russia shouldn’t affect Barents drilling: Norway
Speaking to journalists in Kirkenes, the Norwegian border town, Brende stresses that plans for hydrocarbon exploration in the area should proceed
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Arctic standards won’t be ready for Shell’s return
After Shell’s troubled 2012 drilling season in the far north, the Interior Department began working on Arctic-specific standards for offshore
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Lukoil eyes new Arctic licenses
“We will support you”, Vladimir Putin tells Lukoil leader Vagit Alekperov as the oil company bids for long-wanted access to
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Ice-Blog: Arctic oil – still in the picture
Was it too good to be true? The euphoria over the US administration’s moves to protect the Arctic National Wildlife
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Conoco dials back investment in Arctic Alaska
While Shell announced yesterday it’s investing in its Arctic prospects, ConocoPhillips Alaska says it’s dialing back a bit. Conoco issued a
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Norway announces white paper on Svalbard’s future
As the Svalbard coal company dismisses staff and pleads for crisis money, the Norwegian government announces that it will make
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Finland: Talvivaara gets extra time for restructuring plan
The beleaguered Finnish mining company Talvivaara has caught a break in the form of extra time to re-submit a restructuring
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Sweden’s environment minister wants nuclear reactors closed; company says no plans to do so
The Green Party environment minister wants Sweden to close two nuclear power plant reactors over the next four years, the
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Rosneft won’t resume drilling in Kara Sea in 2015
Russian oil company Rosneft will probably not be able to resume drilling in the Kara Sea this year after ExxonMobil
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Shell says it plans to drill in Alaska’s Arctic in 2015
Shell says it plans to drill in offshore waters in Alaska’s Arctic in 2015, even as it retrenches on capital
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