Arctic oil plans in Norway and Russia disrupted amid COVID-19 crisis
Grand plans for drilling and field development in far northern Norwegian waters are being delayed and postponed. The coronavirus and
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drilling
Wells Fargo becomes third major US bank to nix Arctic oil investment
Wells Fargo says it won’t finance oil development in the Arctic National Wildlife Refuge. The bank’s announcement follows similar policies
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New Russian PM grants drilling fields to Gazprom in Arctic
Mikhail Mishustin grants company Gazprom Neft big drilling acreages in the Yamal Peninsula. Three days after he was announced as
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New Delhi confirms Indian stake in Rosneft’s new Arctic oil project
The country’s energy minister makes clear that there will be Indian participation in the major Arctic oil project to be
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Compilation: Mining and drilling in the Arctic
Arctic countries are showing a growing interest in the region’s natural resources. While some states are cancelling their plans for
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Goldman Sachs will no longer fund drilling in Arctic refuge sacred to First Nations
In the wake of a U.S. banking giant’s announcement that it will no longer invest in new oil projects in
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Norway’s Equinor will start 2019 with a new oil field near border to Russia
The Norwegian energy company will start the new year with drilling of two wells in the Barents Sea, only few
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Norway’s Equinor to drill for oil near Russian Barents
The Norwegian company did not find oil on 74 degrees north. Now, hopes are high for the upcoming well located
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Dry well for DEA Norge in Norway’s Arctic waters
DEA Norge, the company controlled by Russian billionaire Mikhail Fridman, did not find oil in the license area which it
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U.S. bill would give Alaska Native corporations share of ANWR oil revenue
At the request of Alaska Congressman Don Young, a bill pending in the U.S. House would reduce Alaska’s share of
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Two more Russian rigs deployed for Arctic gas drilling
Jackup rig “Arcticheskaya” has arrived in Murmansk (Northwestern Russia) after 5 months of repair in Singapore, and sister rig “Amazon”
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Seeking a greener image, Norway’s Statoil rebrands itself as Equinor
Norwegian oil major Statoil drops “oil” from its name, argues responsibility, better balance to effectively fight climate change. Greenwashing says
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Norway expands Arctic drilling, environmentalists worried
Strongly criticized by environmental groups, Norway’s Ministry of Petroleum and Energy announces 56 new blocks in the Barents Sea. “Awarding
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Oil companies turned off by Siberia’s Taymyr peninsula
Lukoil drills dry and Rosneft decides to postpone further developments in the area. The two oil majors in 2015 and
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Washington urged to cancel offshore plans in Arctic
Democrats in Congress are sounding the alarm about the Interior Department’s efforts to hold an offshore oil lease sale in
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