Norway’s krone follows oil-price downhill
Like the Russian ruble, the Norwegian krone is diving with falling oil-prices. Down more than 4 percent on Tuesday to
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Business
Finland: Olkiluoto nuclear construction staff to double in 2015
Most workers employed at the Olkiluoto 3 site are foreign employees of companies subcontracted for the project. The number of
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Ruble crash will have a huge negative impact on cross-border trade”
Barents entrepreneurship expert Heidi Andreassen believes trade and investments across the borders in the north are in jeopardy as Russia’s
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Northern Sea Route traffic plummets
After four years of increased use of the Northern Sea Route by vessels going in transit between Europe and Asia,
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Ice-Blog: Arctic investment – still a hot prospect?
As I mentioned in the last post, I talked to various people about the current state of interest in the Arctic,
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Seismic mapping of Russian Arctic will continue — Rosneft
The state-owned oil company in 2015 intends to conduct seismic mapping of seven fields in the Pechora Sea. During a public
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Falling oil prices, revenue forecast paint gloomy picture for Alaska
The international oil market held more bad news for Alaska on Wednesday as prices fell to near $60 per barrel, while the
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Tourism boom in North Norway
Northern lights and midnight sun give North Norway two main seasons for tourism. By the end of the year, the
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Oryong 501 sinking highlights Arctic fishing, shipping issues
Early in the morning of December 2, the factory trawler Oryong 501 sank into the frigid depths of the Bering Sea off of Russia’s
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Russia warns of recession in 2015
Russia’s Ministry of Economic Development has revised down its economic growth forecast for 2015 and warns that the economy will
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Novaya Zemlya: From nuke testing to lead-zinc mining in Russian Arctic
A Rosatom owned mining company will start production of lead and zinc ores on the southern part of Novaya Zemlya
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Alaska’s fishing industry on edge as Congress deadline approaches
Federal lawmakers return to Washington this week for the final days of the 113th Congress. They have to pass a budget
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Legislators to review proposed North Slope, Alaska royalty relief for new field
JUNEAU — Legislators are planning to look into a recently revealed benefit for a new oil field on Alaska’s North
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Norwegian oil drillers seek way around sanctions against Russia
The North Atlantic Drilling Ltd is requesting permission for a continued cooperation with Rosneft. The Norwegian company, a subsidiary of Seadrill,
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Finland wants to sell on-order icebreaker
The Finnish government is ready to sell an icebreaker ordered for the Finnish Transport Agency which was intended to compete
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