Statoil did not discover oil in the controversial Apollo well near Bear Island.

Billions are invested in the Zvezda yard outside Vladivostok to make it capable of meeting Russia’s growing demand for ice-protected ships and platforms.

The state-owned company will hire 2000 people in connection with the development of its new Arctic base infrastructure in Murmansk.

The drilling rig is on its way towards far-Arctic Russian waters as part of the controversial cooperation between ExxonMobil and Rosneft.

A Norwegian seismic vessel has started mapping of the disputed shelf around the Svalbard archipelago.

The Norwegian oil company did not discover much-desired hydrocarbons at the Atlantis structure in the Barents Sea. Meanwhile, the Austrian OMV is drilling with success at its neighboring license areas.

Hammerfest, a former struggling fishing community, is now a gateway to the world’s northernmost liquefied natural gas facilities.

Low energy prices are giving a turbulent situation for the biggest wind power project Europe, the Markbygden plant in northern Sweden.

Five fields are up for geological exploration this summer, included one area near the ice boundary east of Svalbard where Statoil is partner.

Gazprom Neft is spending $230 million on the drilling of one well in the Pechora Sea. The Dolginskoye oil will have better quality than oil from the nearby Prirazlomnoye, the company says.

We need more time to decide how to develop the Johan Castberg field in the Barents Sea, Statoil CEO Helge Lund says.

Company Gazprom Neft is unfolding an extensive drilling program at its Yamal field of Novoportovskoye and will soon be able to ship out million tons of additional crude through Arctic waters.

Russia’s state nuclear corporation, Rosatom, confirms a training program is in full swing aimed at extending the life-time beyond 2018.

Statoil did not discover oil in the controversial Apollo well near Bear Island.

Two years after Gazprom abandoned the Shtokman project, Murmansk again approaches Gazprom for a stronger energy cooperation.