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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.

The Norwegian Government allocates NOK 130 million (€17.6 million) to mapping, seismic surveys and other geological data acquisitions outside Jan Mayen and in the Barents Sea in 2013.

Without a tender, Russia’s state-owned oil company Rosneft gets hold of another two valuable offshore field licenses in the Arctic.

The RN Nordic AS will be Russian state company Rosneft’s arm on the Norwegian Arctic shelf.

Oldest reactor at Kola nuclear power plant automatically shut-down Saturday morning. On Monday, the plant was awarded for being the safest in Russia.

German Chancellor Angela Merkel meets Norwegian Prime Minister Jens Stoltenberg in Oslo today to discuss energy questions.

Rosneft finalizes TNK-BP takeover and becomes the biggest oil company in the world, making Chairman Igor Sechin even more ready for drilling in the Arctic.

Rosatom must decide what to do with the eldest reactors of the Kola nuclear power plant.

The Russian government wants an end to the increasingly hostile relations between Gazprom and Rosneft on the shelf.

Rosneft and Eni are starting up seismic mapping of the Fedynsky High, the formerly disputed waters believed by many to be the most perspective area in the Barents Sea.

Activists from the environmental organization Greenpeace International have climbed Gazprom’s oil drilling platform Prirazlomnaya in the Pechora Sea to stop it from becoming the first company to produce oil from the region.

There is a growing Norwegian-Russian industrial cooperation going on in the Arctic.

Gazprom Neft agrees with the federal government on how to conduct oil shipments from the Novoportovskoye field.

Norway offered ownership interests to a record 48 companies in 65 new production licenses on the Norwegian continental shelf.