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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 gas company will in 2014 start seismic mapping of up to seven of its license areas in the far northern waters.

More than one million tons more of petroleum products were shipped through the Barents Sea in 2013 than the year before.

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

The 170.200 cbm “Veliky Novogorod” will become the largest carrier in Gazprom’s fleet to transport gas from fields in the Arctic.

Production in northern Norwegian waters saw a significant decline in 2013. Still, energy companies show increasing interest in the area.

Russia widened its lead over Norway as Europe’s biggest gas supplier in 2013. Russian supplies to Europe rose 16 percent while Norwegian fell five percent.

Finland’s new nuclear power plant have no answer to what will happen to the spent fuel that according to the law can’t be returned to Russia.

The first ever power exports from Finland to Russia could start in April.

While neighboring Norwegian and Russian regions put their faith in Arctic oil, the northern Swedish region of Norrbotten is becoming one of Europe’s bigger producers of wind energy.

Fennovoima and Rosatom sign contract for building Pyhäjoki NPP in northern Finland. Neighboring Swedes fear harm to nature and fish stocks.

Statoil has been forced to shut down production from its Melkøya LNG plant in northern Norway after a gas leak.

About 100 servicemen will accompany the 27 year old West Alpha drilling rig as it this year makes its first ever mission abroad, to the harsh waters of the Kara Sea.

More than two years after schedule, the Prirazlomnaya oil platform has started production in the icy waters of the Pechora Sea. Gazprom is seriously behind schedule also in the several of the neighboring licenses.