TotalEnergies is preparing for a further withdrawal from Russia. Now the French energy company announced it would set aside $4.1 billion.
The decision was expected, and the reactions are predictable
Following the discussions in Europe about continuing to purchase gas from Russia, Russian gas producers are now challenged and are looking for new sales markets in the East.
A surge in energy prices has been exacerbated by Moscow, but the industry says its root is in Washington
Norway’s gas and oil industry had a banner year, but the good times will only continue if drillers get a little more ambitious
Recent research has revealed that radioactive materials leaked in the 2011 Fukushima nuclear accident have already spread to the Arctic Ocean.
Drilling for oil in Europe’s northern waters could become a tug-of-war between the EU’s new Arctic strategy and Norway’s production intentions.
UK oil company Harbour Energy said it was considering cashing in an option to exit the Falkland Islands project and would leave Falkland.
Coal production on Svalbard will cease in 2023. Gruve 7 is the last Norwegian state-owned coal company that still produces coal.
On the west coast of Kola Bay, construction of the Lavna sea trade port resumed after one year’s interruption.
Snezhnoye and Kanchalan in Chukotka were connected to a ‘solar-plus-diesel’ plant. These are the first projects of their kind in the Arctic zone of Russia.
India discussed the possibility of LNG purchases together with the acquisition of a stake in Novatek’s Arctic LNG 2 project at the Eastern Economic Forum in Vladivostok.
After years of opposition from indigenous people, a Swiss energy company has reconsidered its investment in a Norwegian wind power project.
Russian gas producer NOVATEK plans to build a wind power plant in Sabetta to gradually replace the generation of the local gas-fired thermal power plant.
A total of four floating nuclear power plants are to be built and used for the large-scale mining of raw materials in the middle of Chukotka.
No drilling platforms between icebergs: Greenland’s government has decided to ban oil production on its territory in future and is stopping all exploration and production operations.
The U.S. government has defended an oil production project in Alaska on the one hand, while freezing production licenses in ANWR on the other.
Considerable sums have been invested until the site is shut down in autumn 2020. Now the project is scheduled to be completed and operational in 2024.
For the first time in history, Russia is supplying LNG to Norway at the Hammerfest LNG plant in Melkøya, which opened in 2007 and is operated by Equinor.
Novatek plans to raise $11 billion for Arctic operations, intending to accelerate the start-up of Arctic LNG2.
As soon as the traffic jam at the Suez Canal was over and the last ships could pass through the canal, the discussion about alternatives really started.
Scientists at the RB RAS Institute of Geology and Mineralogy have developed a method to prevent accidents like the one at Norilsk.
According to Russian President Vladimir Putin, the fine of 1.62 billion euros will be used to improve the ecology of the region.
The passage of the Northeast Passage in winter does not yet seem to be without problems. The “Nikolay Yevgenov” has suffered damage at the Azipod.