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Vladimir Potanin, CEO of Norilsk Nickel has become Russia’s wealthiest businessman with an estimated fortune of $15.4 billion.

The American oil major lost big money after cooperation with Rosneft in the Arctic, Black Sea and Western Siberia was wound down last year.

According to Russian Minister of Energy Aleksandr Novak, there is four times more oil than previously annonced in the University-1 field.

This February the hotels of Rovaniemi, Lapland have been full to the brim with customers. Usually this many people stay in hotels in the northern city only during the Christmas season, but this year the tourist boom will continue into March at least.

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Do you think Ivan and Ola are still the most popular names in the Barents Region? Not anymore. Patchwork Barents reveals the currently most popular names given to newborns across the region.

Moscow invites Chinese companies to take on more than 50 percent in strategic fields. That will open China’s door to major Arctic resources.

Russian households’ spending on food products will increase to 50-55% of total expenses in 2015.

Authorities unsuccessfully banned Sunday’s rally in memory of opposition politician Boris Nemtsov who was gunned down and killed in Moscow Friday night.

The North Atlantic Drilling Ltd believes there are “significant risks” related to its $4.1 billion Arctic contracts with Rosneft.

The UK needs to up its game in the Arctic or risk being «outmaneuvered” by other states, and should start by appointing an ambassador to the region, according to a report by the House of Lords Arctic Committee.

Local waters are full of the delicacy. But none of it reaches the local population.

Could the Northern Sea Route be suitable for shipment of fish from the Far East to the European parts of Russia and vice versa? Stake holders in Russia’s fisheries industry and fishery authorities believe so.

Russian regions feel the pain as the country’s economy spirals into depression. In Murmansk Oblast, the governor cuts her budget with 25 percent.

Russia is prepared to protect its interests in the Arctic with military means if necessary, says Minister of Defense Sergey Shoygu, pointing to the increasing interest in the region’s resources by countries with no direct access to the Arctic.

Norwegian and Russian scientists are going to cooperate on counting the number of polar bears around Svalbard and Franz Josef Land.

The volume of shipments via Russia’s ports in the Arctic will grow by over 60% to 115 million tons per year, an official from the port association says.

Russia has announced a tender for preparation of documents to back its claim with the UN to expand the boundaries of its continental shelf in the Arctic.

No cold international climate stops Norway and Russia to invest heavily in cross-border road infrastructure. Excavators and dump trucks work day and night upgrading Russia’s highway to NATO.

Gazprom Neft has for the first time sent oil from Yamal along the northern Sea Route in winter conditions. 16.000 tons of crude oil was shipped to European consumers by oil tanker, escorted by a nuclear icebreaker.

The state-owned company requests permission for 2-year extended license terms in 12 offshore Arctic projects.

Seventeen months after the steel was first cut, two brand new icebreaking rescue and salvage vessels for the Russian Arctic are ready at Nordic Yards in Germany. The naming ceremony for “Beringov Proliv” and “Murman” was held on Thursday.

Some 75,500 accommodation nights for Russians were registered in the past December.

A railway line from northern Finland to the Norwegian Arctic coast will open a new base for industrial development in the Nordic countries, a group of regional industrialsts says.

The economic crisis forces Russia to postpone its next state armament program with three years.

Despite plummeting raw material prices, the Russian steelmaker gets its best financial result in six years.