Huge budget deficit is building up in Russia’s economy
Moscow’s oil and gas revenues plummeted 46% in January-February. According to the Russian Ministry of Finance, federal budget revenues in
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oil
North Slope oil project in Alaska presents a dilemma for U.S. president
By Becky Bohrer, Matthew Brown . · The Associated Press Decision on ConocoPhillips Alaska’s Willow project could come in March The Biden administration
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Russian oil company makes it through Arctic ice to Cape Tanalau
Ice lies thick on the Yenisey River as nuclear-powered icebreaker “Sibir” escorts a cargo ship to the remote terminal applied
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Norway’s oil minister: “We need new discoveries”
Despite warnings about climate catastrophe, the Norwegian government prepares the ground for a significant expansion of oil and gas exploration
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Slowdown in Barents Sea petroleum
Norwegian Government offers only two new production licenses for the Barents Sea this year. The hunger for Barents Sea oil
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Amid plummeting export, Gazprom opens new Arctic field
The Semakovskoye natural gas field is located offshore in the far northern Gulf of Ob. In a statement, Gazprom CEO Aleksei
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New icebreaker has major importance for Northern Sea Route, says Rosatom
The “Ural,” Russia’s third vessel of the powerful LK-60 class, makes its maiden voyage to its home port of Murmansk.
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As EU oil ban approaches, a Russian tanker tests Arctic route to China
The 257 meter long oil tanker “Vasily Dinkov” sails the Northern Sea Route to the Chinese port of Rizhao. The
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30 years of Norwegian-Russian oil cooperation in Arctic is over
Norwegian Equinor on Friday confirmed it has exited all joint ventures in Russia, including the onshore oil-field Kharyaga on the
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New pipeline across Russian Arctic bay stirs environmental concerns
A new underwater pipeline connection across the great Arctic bay opens for untapping of major natural gas resources in the
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Biden administration throws support behind massive Willow oil project in NPR-A
The Biden administration has reversed course and is now defending a decision to allow the Willow project, a major oil
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Blog – Hot times ahead as oil-fuelled Russia chairs the Arctic Council and polar warming picks up pace
The bi-annual Ministerial Meeting of the Arctic Council in Reykjavik, Iceland, on May 20th attracted a lot of media interest – not least
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Oslo opens up for big drilling, but oil companies do not want remote Barents licenses
In 2012, as many as 36 companies wanted to drill in pristine Norwegian waters. Nine years later, the number has
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Biden, Trudeau agree to ‘safeguard’ caribou calving grounds in Alaska refuge
Leaders issue joint statement recognizing ‘ecological importance of the Arctic National Wildlife Refuge’ U.S. President Joe Biden has agreed to
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International green shift will not hamper Arctic oil field development, says Rosneft
The top Russian oilman says his company’s three far northern finds were world’s biggest in 2020. The international green shift
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