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Norway Expands Arctic Oil Exploration
Norway has awarded four new exploration licenses in frontier Arctic areas as it looks to support its oil and gas industry, as well as value and job creation, the Ministry of Petroleum and Energy said on Wednesday.
read more... 24/06/2021
Russia's Novatek brings forward start date for Arctic LNG 2's third train to 2025
Russia's Novatek plans to start up the third train at its 19.8 million mt/year Arctic LNG 2 project in 2025, CEO Leonid Mikhelson said May 17, earlier than previous guidance of 2026.
read more... 18/05/2021
Novatek plans to put up 60% in Arctic LNG 2 as collateral for financing
Russian largest liquefied natural gas producer Novatek said on Monday it plans to put up its 60% stake in Arctic LNG 2 project as collateral for long-term financing of the project.
read more... 06/04/2021
Russia's Rosneft looks to Arctic to ramp up LNG output
The projects were considered as part of its LNG strategy at a meeting chaired by Deputy Prime Minister Alexander Novak last month
read more... 03/02/2021
Russian oil giant announces start of vast Arctic project
He thanked Putin, with whom he has close relations, for the adoption of a law facilitating Russian investments in the Arctic
read more... 26/11/2020