With nickel in great demand, Nornickel expands Kola mine in Arctic Russia
The Severny Gluboky mine located near Russia’s border to Norway will be made 300 meters deeper to keep up local
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Business
Biggest construction sites in Arctic Russia could turn into ghost towns
Thousands of jobs will vanish if projects like the Belokamenka Yard outside Murmansk come to halt. Several of Russia’s biggest
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Alaska’s largest oil producer asks judge to block release of drilling info from NPR-A
Alaska’s largest oil producer is trying to block a state commission from publicly releasing information from exploratory drilling in the
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Nunavut Impact Review Board rejects proposed Baffinland expansion in Arctic Canada
Final decision will come from federal minister within 90 days The Nunavut Impact Review board has recommended Baffinland’s Phase 2 expansion not
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Russia’s Viktor Chernomyrdin icebreaker on maiden voyage to Arctic
The world’s most powerful diesel-engined icebreaker is on its maiden voyage into thick Arctic sea-ice. The 147 meter long vessel
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As Moscow prepared for war, Gazprom sold Arctic gas worth almost €140 billion
The country’s main natural gas producer in 2021 recorded a 13-fold increase in profits. Gazprom has never before had the
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Russia proceeds with Arctic project as oil embargo looms
Nuclear-powered freighter Sevmorput continues to shuttle with construction goods to field development sites along the Yenisey River as part of
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Finnish nuclear power developers kick out Russian partners
After more than eight years of joint planning, the Fennovoima nuclear power company terminates its cooperation with Russian state controlled company
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Norway closes seaports and border to Russian traffic
But fishing vessels will be allowed to continue as before. The Norwegian government on Friday announced that it will follow
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Lapland among regions not in favour of wind power compensation for eastern Finland
Regional leaders are calling for a new compensation system in wind power tax revenue due to a clear disparity between
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Biden closes half of NPR-A acreage in Arctic Alaska to oil drilling
The Bureau of Land Management announced Monday that it is ditching a Trump administration plan for the National Petroleum Reserve-Alaska
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Novatek CEO admits Arctic development projects “strained”
Company CEO Leonid Mikhelson admits that the development of far northern projects is “strained.” The natural gas producer declines to
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Transportation crisis looms in Arctic Russia
International sanctions threaten the country’s supply chains. Nuclear-powered container ship “Sevmorput” will this year play key role in supplying goods
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Isolated Russia to invite “non-Arctic” states to develop its North
Logistics chains falter, investors flee and foreign markets vanish. But President Putin argues that Russia together with countries from outside
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Arctic projects must not be postponed because of sanctions, Putin orders
“We have all the resources and all the opportunities to quickly find alternative solutions,” Putin told the participants of the
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