Equinor boosts profits, steps up development of new Arctic field
The company, which is partly owned by the Norwegian state, reported an adjusted operating profit of $12.35 billion in the
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Business
Smaller airlines ask Transport Canada for pilots’ shifts to last up to 14 hours
At least 18 carriers are asking the federal government to extend their pilots’ maximum flight duty period by an hour
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Port of Churchill owners, Dubai-based DP World aim to boost trade route traffic
By Ian Bickis Corridor linking Manitoba to global markets possible under new agreement The owners of Manitoba’s Port of Churchill
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Norway and Russia agree to increase cod and haddock quotas
Amid ongoing conflicts over access to fishing grounds and ports, Norway and Russia have reached an agreement on catch quotas
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Manitoba judge strikes claims against North West Company in proposed class action over grocery subsidy money
By Caitlyn Gowriluk A Manitoba judge has struck all claims made in a proposed class-action lawsuit that accused the North’s
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Funds from industrial projects in Sweden’s north flowing to countries under sanctions
Major industrial projects in northern Sweden have resulted in funds flowing to countries that are currently under sanctions, Swedish Radio
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Russian oil exports by Arctic route jump amid world freight crisis, data shows
Disruptions in Suez Canal, Strait of Hormuz and Black Sea make icy route more attractive Russia’s oil exports through its
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40 homes a year, 40 full-time staff, Arviat housing factory opens to fanfare
Leaders praise facility as Inuit-led solution to some of territory’s largest issues It’s been years since Sakku Innovative Building Solutions
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N.W.T. industry minister makes case for new federal mining incentives
By Niles Niemuth Focus on exploration credit top-up and clean energy expansion for zinc While in Ottawa last week, N.W.T.
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Trump says oil, gas and mineral exploration in Greenland is set to begin. It’s not that simple
U.S. President Donald Trump said “massive” oil, gas and mineral exploration is set to begin in “our new and beautiful
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Mounting war-time trade between Moscow and Beijing expands in the Arctic
Bilateral trade, which has increased by more than 30% in 2026, necessitates the opening of new logistical routes across the
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South Korean president says Arctic trial run is first step toward regular commercial service
South Korea’s president pledged Tuesday to press ahead with plans to develop Arctic shipping routes after a South Korean container
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South Korean shipbuilder eyes Arctic opportunities, including Canada, as northern shipping grows
South Korean shipbuilder HD Hyundai Heavy Industries expects demand for icebreakers and other polar vessels to grow as governments expand
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Baffinland asks judge to allow sale of assets to avoid mine closure
By Arty Sarkisian As of May, company owed $2.6 billion to 231 creditors Debt-stricken Baffinland Iron Mines Corp. is asking
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Iceland plans visitor fee to address overtourism at three famous Golden Circle sites
Iceland’s government has published a draft bill that would impose a new fee to visit three of the country’s most
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