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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.

Russian oil company Rosneft will probably not be able to resume drilling in the Kara Sea this year after ExxonMobil withdrew from the cooperation.

Is the sunset coming for Arctic oil? There will be no drilling by Statoil in the Barents Sea in 2015.

Russia’s largest company and the largest extractor of natural gas in the world is facing hard times as supplies to Ukraine are suspended and oil prices are collapsing.

Gazprom wants to develop major gas fields in the Ob Bay. But many locals are against the plans.

A public hearing on the development of one of the most perspective oil and gas areas in the Barents Sea takes place in Pechenga, the Russian municipality bordering on Norway and Finland.

Oil companies will get licenses at unprecedented latitudes and along the border to Russia.

The Kharyaga oil project should be taken over by a Russian company, the country’s Ministry of Energy argues.

The Novoportovskoye field will bring up to 8,5 million tons of additional crude into Arctic shipping.

Norway should not drop its plans to drill along the border to Russia, Rune Rafaelsen says.

Arctic Frontiers 2015 - Armchair discussion

TROMSØ: To drill or not to drill, that’s the Arctic Frontiers question of the year. Investor Jens-Ulltveit-Moe warns Troms and Finnmark against state investments in White Elephants.

Gazprom Neft gets a 83,000 square kilometer oil license area in the northern part of the Barents Sea.

Russia’s only offshore oil-producing field in the Arctic, the Prirazlomnoye, reaches the 300,000 ton production limit.

The China Huadian Corporation acquires stakes in Arkhangelsk power generating units.