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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 Russian Ministry of Energy grants Rosneft and Novatek the right to export liquefied natural gas from their Arctic fields.

The development of oil fields in the Hoop High could stir international controversy because of the vicinity to the touchy Svalbard Archipelago.

The two reactors for Russia’s first floating nuclear power plant to be used in the Arctic are now installed.

Lundin Petroluem and Rosneft agree to explore possibilities for cooperation in Norwegian Arctic waters.

The authorities are introducing major tax reliefs for the oil companies engaging in Russian Arctic waters.

The building of a new nuclear power plant is of key importance for the development of our region, Murmansk Governor Marina Kovtun told Russia’s nuclear power company Rosatom.

SALEKHARD: Arctic exploitation cannot be stopped, but the key principle in the development of the Arctic must be to preserve the environment and to maintain the balance between economic activity, human presence and conservation of the natural environment, President Vladimir Putin said.

However, still no oil in the Johan Castberg area in the Barents Sea, so the search for exploitable oil resources in the neighboring prospects continues for Statoil.

French oil major Total is increasingly likely to sell its 25 percent stake in the Shtokman Development AG to Gazprom, company sources say.

Russian coast guard yesterday boarded Greenpeace’s vessel “Arctic Sunrise” and arrested 25 activists from the “Save the Arctic” campaign who tried to hinder the work of Gazprom’s drilling platform “Prirazlomnaya”.

The international airport of Sabetta, an important part of the huge Yamal LNG project, will be ready to receive its first regular flights before summer next year.

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.

POLYARNYE ZORI: Numbers of events influencing safety have plunged from 41 in 1993 to three this year. “We would be happy if you could communicate that all the money contributed from Norway are effectively implemented for safety,” says Yevgeny Nikora, Director Advisor at Kola NPP. Here pointing in the direction where Rosatom wants to build the second nuclear power plant.