Latest news
Norway plans heavy oil ban around Svalbard
The Norwegian government has announced plans to ban heavy fuel oil (HFO), a dirty marine fuel that propels most vessels, around its Svalbard archipelago in the Arctic Ocean. The effort comes as UN efforts have been deemed too slow.
read more... 10/11/2020
Novatek completes Arctic LNG 2 fleet formation
Novatek, Russia’s largest independent natural gas producer, has signed long-term charter deals for six Arc7 ice-class LNG tankers.
read more... 29/10/2020
Arctic gas finds new way from Yamal to China
Gazprom leader Aleksey Miller in last Friday’s meeting with President Vladimir Putin confirmed that the building of new east-bound natural gas infrastructure now is high on the company’s agenda.
read more... 02/04/2020
Gazprom Neft produces its 12-millionth tonne of oil at its Prirazlomnoye field
The 12-millionth tonne of ARCO (Arctic-blend) oil has now been produced and shipped from Gazprom Neft’s Prirazlomnaya offshore platform, delivered by the Kirill Lavrov ice-class shuttle tanker to the Kola Bay, where the Umba storage tanker is harboured, and from where it will be shipped, in standard batches, to Europe.
read more... 03/01/2020
Japan lines up Russian Arctic oil investment
Japan’s government and its state-owned oil group have emerged as leading contenders for a stake in Rosneft’s $157bn Arctic project.
read more... 12/12/2019