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Alaska's coastal villages want more involvement in shipping decisions that affect waters near their communities. (iStock)
Business Business (USA) General Special Features USA 

What Shell’s decision means for Alaska economy

Alex DeMarban, Alaska Dispatch News
Posted: Tuesday, September 29, 2015 at 13:24 — Last Updated: Tuesday, September 29, 2015 at 19:24
0 Comments

Views on the impact of a Shell pullout from the already fragile Alaska economy ranged from dire to cautious Monday,

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The oil drilling rig Polar Pioneer in a dock in Seattle in May 2015. The rig is the first of two drilling rigs Royal Dutch Shell has outfitting for Arctic oil exploration. (Elaine Thompson/File/AP)
Business Business (USA) General Special Features USA 

Why Shell stopped drilling in Arctic Alaska

Erica Martinson, Alaska Dispatch News
Posted: Monday, September 28, 2015 at 20:42 — Last Updated: Tuesday, September 29, 2015 at 19:24
0 Comments

Royal Dutch Shell will abandon its Arctic oil exploration efforts in Alaska’s Chukchi Sea after spending billions of dollars on

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Diving oil prices will have a serious effect on Barents drilling. Gazprom Neft and Eni, the two companies which have production platforms in the area, will inevitably have to record major losses. (iStock)
Business Business (USA) General USA 

U.S. federal official says continued low oil prices could threaten trans-Alaska pipeline

Alex DeMarban, Alaska Dispatch News
Posted: Friday, May 29, 2015 at 13:45 — Last Updated: Monday, June 1, 2015 at 15:46
0 Comments

The top official at the federal Energy Information Administration on Thursday said he’s concerned about the viability of the trans-Alaska oil

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Russian bank notes. (iStock)
Business Business (Russia) General Russia 

Russia’s Finance Ministry proposes steep budget cuts of state programs

Trude Pettersen, The Independent Barents Observer
Posted: Thursday, May 21, 2015 at 14:38 — Last Updated: Friday, May 22, 2015 at 15:42
0 Comments

Ship building, space program and development of the Far East are the biggest losers in the ministry’s proposal to cuts

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Investment risk or profitable industry? Arctic oil and gas drilling was topic at Sunday's opening debate in Tromsø at the Arctic Frontiers conference. (Thomas Nilsen/Barents Observer)
Business Business (Norway) General Norway 

Will Barents oil investments be financial disaster?

Thomas Nilsen, The Independent Barents Observer
Posted: Monday, January 19, 2015 at 14:14
0 Comments

TROMSØ: To drill or not to drill, that’s the Arctic Frontiers question of the year. Investor Jens-Ulltveit-Moe warns Troms and

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Former Prime Minister Yevgeny Primakov pictured here in 2007. (Ilmars Znotins/AFP/Getty Images)
Business Business (Russia) General Russia 

Russia’s former prime minister suggests pause in Arctic oil & gas projects

Trude Pettersen, The Independent Barents Observer
Posted: Wednesday, January 14, 2015 at 14:33 — Last Updated: Thursday, January 15, 2015 at 21:43
0 Comments

“Arctic offshore oil production is only profitable at an oil price of 100-120 dollars per barrel” says Russia’s former prime

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Business Business (USA) General USA 

World oil price decline siphons billions of dollars expected by Alaska

Dermot Cole, Alaska Dispatch
Posted: Thursday, January 8, 2015 at 22:07 — Last Updated: Friday, January 9, 2015 at 21:17
0 Comments

While oil prices have dropped more than 50 percent in the last six months, the decline in the Alaska oil production tax

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Business Business (Finland) Finland General Special Features 

Rouble collapse hits Finland, Forex stops buying Russian currency

Yle News
Posted: Thursday, December 18, 2014 at 16:47 — Last Updated: Friday, December 19, 2014 at 19:37
0 Comments

Effects of the Russia rouble’s nosedive will undoubtedly be felt in Finland. One Finnish expert says the only thing that

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Harald Martinsen is CEO of Syd-Varanger Gruve, a company owned by the Australian-registered Northern Iron. (Atle Staalesen / Barents Observer)
Business Business (Norway) General Norway 

Challenging time for Arctic mining companies

Atle Staalesen, The Independent Barents Observer
Posted: Thursday, October 9, 2014 at 18:41 — Last Updated: Friday, October 10, 2014 at 19:08
1 Comment

One of the smaller mining companies in Scandinavia, the Northern Iron, is struggling to make ends meet as raw material

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