The Nord Stream consortium has won the support from several powerful state leaders as well as the European Commission, but has not managed to convince the countries around the Baltic Sea. Now even Germany expresses doubts about the pipeline project.
Cows are grazing in the streets and the only decent building is the one currently renovated by the Shtokman Development AG. Welcome to Teriberka, the future hub of the world’s biggest offshore gas field.
China will increase Arctic research and expedition efforts, the country’s top administrator on Polar research says. The undiscovered oil and gas resources in the Arctic are global resources, not regional, he claims.
Norwegian oil major Statoil has got permission for drilling at the Skrugard field in the Barents Sea. Together with ENI, the company now also seeks permission for drilling at the Lunde field, located closer to land in the area.