New sanctions deal fatal blow to Russia’s Arctic LNG
Russia intended to become a world leader in liquefied natural gas. The war against Ukraine has torpedoed its plans. The
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Business
Tourism in Finnish Lapland faces uncertainty due to sanctions on Russia
The closure of Russian airspace is causing uncertainty in Lapland’s tourism industry, which has relied heavily on travel from Asian
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Inuvik, Canada, braces for surge in tourism
Tourism officials and operators in Inuvik, N.W.T., are ramping up for an expected surge in bookings this summer. “It’s looking good
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Blog: Russia’s Arctic gas is funding the war in Ukraine
In response to Russia’s invasion of Ukraine, the seven other member states of the Arctic Council have hit a “pause”
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Russia’s Arctic policy at risk of major collapse
Energy projects are put on hold and hyped ambitions for the Northern Sea Route increasingly look doomed. At the same
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Norway intends to keep seaports open to Russian ships
We must not burn all bridges to the Russian people, the Norwegian Trade and Industry Minister says Temperatures had dropped
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Arctic Economic Council switching to online meeting amidst Russian invasion of Ukraine
Amidst Russia’s invasion of Ukraine, the Arctic Economic Council (AEC) annual general meeting in St-Petersburg will go from a hybrid,
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Finland’s proximity to Russia affecting tourism, including to Lapland
The war in Ukraine and Finland’s geographical proximity to Russia affect the country’s appeal as a travel destination, with some
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Russia’s Arctic LNG project might come to halt
Novatek will not get needed financing for its development of the Arctic LNG 2. Following Western sanctions against Russian banks, the
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Norwegian Oil and Gas Association kicks out Russian members
Ten years after the delimitation of Norwegian-Russian Arctic waters and subsequent signing of energy partnerships, companies Rosneft and Lukoil are
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Norway’s Sovereign Wealth Fund exits Russia, divesting order given
The Norwegian Central Bank freezes all investments in Russia, awaiting a plan to sell all shares. The Norwegian Sovereign Pension
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Norwegian energy giant Equinor exits Russia, calling Ukraine invasion a “setback for the world”
After 30 years with oil-hungry eyes on Russia’s Arctic regions, the Norwegian oil major has decided to stop all new
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Russia’s new Arctic LNG project will be built with western tech
Company Novatek decides to develop the Ob LNG on the basis of a floating gravity-based structure. The next liquified natural
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A 12,000-ton gas plant module shipped on Northern Sea Route from China to Murmansk
The successful shipment shows that year-round deliveries can be made on the Northern Sea Route, company Novatek argues after heavy
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Swedish iron-ore miner LKAB delivers strongest earnings ever
The Swedish state-owned iron-ore producer had an operating profit in 2021 of 26,9 billion Swedish kroner (€2,54 bn). Green technologies
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