Big increase in Russia’s Nenets oil production
Up 11 percent from the same period last year Figures from oil producing companies in the Nenets Autonomous Okrug show
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Gazprom
Gazprom withdraws from Barents Sea
Its drilling program in the area is far too ambitious, the company admits. Gazprom, Russia’s monopoly gas exporter, was originally to
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Norwegian opening for Russia’s Gazprom
Gazprom, Russia’s oil and gas giant, has swapped assets with Austrian energy firm OMV in a deal announced Friday. While
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Declining interest in Northern Sea Route
Interest from international ship operators in utilizing the Northern Sea Route has waned in recent years, according to a new
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Arctic offshore oil more than doubled in Russia
Russia’s Gazprom increased oil production at its Prirazlomnaya platform 2.5 times last year. The platform in the Pechora Sea in
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Sanctions menace offshore oil security: Russia
Security at Russian offshore installations is at risk as oil companies are unable to get hold of needed spare parts.
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First step towards Arctic shelf for Lukoil
The company secures additional access to the Russian Arctic coast as it wins the license to the East Taimyr oil
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New US sanctions against Russian oil
Washington has introduced sanctions against Gazprom’s Yuzhno-Kirinskoye field, one of the biggest hydrocarbon projects on the Russian shelf. The move
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Russian hydropower key to Finnish nuclear plant deal
There might never be built a nuclear powerplant at Pyhäjoki, northern Finland, unless energy company Fortum gets control over the
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Norway surpasses Russia as top gas supplier
For the first time since 2012, Norway has surpassed Russia as the largest supplier of gas to Western Europe. During
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No alternative to Arctic oil says Russia environment minister
Low oil prices and sky-high development costs notwithstanding, Russia’s Minister of Natural Resources says works on the Arctic shelf must
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U.S. companies bid for contracts in Arctic Russia
Despite the sanctions, U.S oil companies Shlumberger and Baker Hughes still bid for new contracts in Russian Arctic waters. Both the EU and
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Lukoil eyes new Arctic licenses
“We will support you”, Vladimir Putin tells Lukoil leader Vagit Alekperov as the oil company bids for long-wanted access to
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Russia, Finland, oil – Arctic week in Review
On this week’s news round-up, we bring you some of your most read stories on Eye on the Arctic this
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New Russian oil fields along Barents ice edge
Gazprom Neft gets a 83,000 square kilometer oil license area in the northern part of the Barents Sea. As oil
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