The company secures additional access to the Russian Arctic coast as it wins the license to the East Taimyr oil field.
Shipping company Dynagas will buy five Arctic LNG carriers and take on shipments from the Yamal LNG project.
Norwegian authorities’ introduction of new travel regulations at Svalbard has stirred an outcry in Moscow.
Extensive fish farming operated by company Russkoye More might have put the entire wild salmon stocks of the Kola Peninsula in jeopardy.
The Russian offshore oil and gas industry is close to a collapse. But Murmansk still pushes forward with its grand plans for an Arctic petroleum base.
Washington introduces sanctions against Gazprom’s Yuzhno-Kirinskoye field, one of the biggest hydrocarbon projects on the Russian shelf. That could have consequences also for Statoil’s cooperation with Rosneft in a nearby license.
The two first ever settlements in the Kola Peninsula get autonomous energy supply from local renewable sources.
It all depends on Russia’s and the other Arctic countries’ obligedness with the recommendations issued by the UN, an expert says.
Norway and Russia reaches new low in economic cooperation
It might take up to 15 years to settle the Arctic delimitation issue, the Russian Foreign Ministry says.
