Chinese rig finds oil in Barents Sea
The Cosl Prospector discovered up to 52 million barrels of oil in an appraisal well in Norwegian Arctic waters. The
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Business
Court approves $55M increase for Victoria Gold receivership
Judge Barbara Conway signed off on an ‘amended and restarted’ receivership order Dec. 9 An Ontario judge has approved a
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Not-so snowy start to winter casts a gloomy shadow over Lapland tourism
A lack of snow in Finland’s far north has disappointed tourists and snowmobile safari operators alike. A number of safari
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Norway wealth fund hits record 20 trillion crowns
The value of Norway’s sovereign wealth fund, the world’s largest, rose to a record 20 trillion crowns ($1.80 trillion) on
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Oslo and Moscow safeguard fishery cooperation
Fifty years of fishery cooperation in the Barents Sea could collapse if Norway closes all its seaports for Russian fishermen,
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Victoria Gold directed to create, implement new water management plans for Eagle Mine
The first plan, related to groundwater interception, must be in place by Dec. 15 A Yukon mining officer has ordered
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GDP drop in N.W.T. last year shows territory’s economy ‘stagnating,’ researcher says
By Nadeer Hashmi N.W.T. was 1 of 2 jurisdictions in Canada to see its Gross Domestic Product drop between 2022
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Pine Point Mine Ltd. and Town of Hay River sign agreement in hopes of restarting mining project
By Carla Ulrich The Town of Hay River and Pine Point Mining Limited have signed an agreement with the goal
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Cod quotas lowered for the fourth year in a row
Russia and Norway have reached a deal for the 2025 fish quotas in northern waters. They do not meet in
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Companies to pay $300K for training initiative after Nunavut mine worker death
Vincent Crowe died at western Nunavut mine site after falling through sea ice An agreement reached between the Workers’ Safety and
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Chinese heavy lift ship without ice-class battles on freezing Arctic route
Sea-ice is quickly expanding across the region as 154 meter long carrier Ocean 28 makes it across the Northern Sea
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Production comes to halt at Novatek’s Arctic LNG 2: Bloomberg
The gas production platforms in the remote Gydan Peninsula risk turning into rusting ghost installations as Novatek is forced to
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Air Greenland, Icelandair deal to boost Arctic travel links to Canada, Nordics
The Air Greenland codeshare agreement signed with Icelandair at the Arctic Circle Assembly this month will improve travel connections between
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Berry picker testifies as human trafficking trial resumes in Lapland
After gathering 3,500 kg of berries, at the end of the season the picker was paid a total of 115
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Imperial Oil to slash fuel price for Norman Wells, N.W.T., as cost of living soars
Company plans to cut price by $1.69 per litre for heating oil Imperial Oil says it intends to temporarily slash
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