Russian order for three icebreakers from Finland shipyard confirmed
The 280 million euro deal means new shipyard jobs and additional business for the entire marine industry. Russia’s largest shipping
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Business
Exxon could hold keys to Alaska future at Point Thomson
Exxon is going big in Alaska. With memories still raw a quarter-century after the Exxon Valdez oil spill and the
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Sweden: Arctic mining company to continue debt restructuring
On Monday a meeting of creditors at a district court in Luleå in northern Sweden decided that the mining company
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Shell, Native corporations unveil joint venture in Chukchi Sea leases
Energy giant Shell, which has yet to hit oil after spending about $5 billion on a program to drill in
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Warming may hurt and help tourism in Southeast Alaska
Global warming could threaten Alaska’s status as one of the nation’s most desirable tourist destinations, warn scientists studying climate change.
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Canada ponders exceptions to relief well rule for Arctic oil drilling
Companies drilling offshore for oil in the Canadian Arctic have long been required to show that they are capable of
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Alaska commits $125 million in gas line deal that stays secret
(iStock) FAIRBANKS — When the Alaska Senate approved a bill setting up the framework for state participation in a liquefied
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Alaska’s LNG project takes step forward with export license application
The Alaska gasline mega-project took a step forward on Friday with the state’s major oil companies filing an application with
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Finland: Northland Resources axes jobs and goes into formal reorganisation
The mining company announced on Tuesday it will lay off 29 employees during the probationary period of their contract, and
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Lapland to host Finland’s biggest mine
The Kevitsa mine in Sodankylä is to become Finland’s largest mine after it was granted permission to expand. The North
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Weak ruble, Russian tourist apathy force Finnish FM to mull shuttering more missions
The weak ruble has significantly dampened Russians’ appetite for tourism, prompting the Finnish Foreign Ministry to consider pruning its embassy
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Finland: Delinquent debt close to depression-era peak
The number of cases of delinquent debt has risen close to levels seen after the 1990s depression. Last month around
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Blog: China-Russia gas deal creates Arctic winners and losers
The $400 billion, 30-year China-Russia gas deal signed in Shanghai on May 21 has sparked a lot of excitement about
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Mine in Sweden’s Arctic suspends payments to creditors
Northland Resources, an international mining company that runs an iron ore mine outside of Pajala in northern Sweden, is suspending
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Confidence in Finnish economy creeps upwards
New consumer trust data shows that individuals’ confidence in their personal finances went up in June, though the overall level
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