Arctic Navigation Season Opens as Tankers Sail the Northern Sea Route
Three oil tankers are preparing to meet in the Arctic waters of the Kara Sea, marking the opening of the navigation season along Russia’s Northern Sea Route. Two Aframax tankers, carrying 730,000 barrels of Urals crude, are heading from Baltic…
Drilling for Oil on the Moon
There’s an ocean of oil and gas frozen in place beneath the Arctic. The cascading impact of climate change would argue for leaving it there.
Norway announces 19 new oil and gas projects as Ukraine war fallout sees profits soar
Norway announced approval of 19 oil and gas projects off its continental shelf today, dismaying environmental campaigners. Petroleum and Energy Minister Terje Aasland said the 200 billion kroner (£14.6bn) investment would be “an important contribution to Europe’s energy security,” helping…
Russian export push for floating nuclear power plants
State nuclear power company Rosatom has signed an agreement with TSS Group to create a joint venture for the construction of a series of floating power units “with a capacity of at least 100 MWe and an assigned service life…
Let’s Manage the Arctic Fisheries Properly
It is time to create a multilateral Arctic fisheries management plan before a moratorium on fishing in Arctic high seas sunsets in 2037.
Mining the Arctic’s critical minerals is vital for Canada’s sovereignty, Northern prosperity
Sean Boyd is executive chair of the board of Agnico Eagle Mines Ltd. Canada launched a new Arctic and Northern Policy Framework in 2019, supported by $700-million in dedicated funding. It correctly calls on all of Canada to strengthen our…
Sami turn down participation in Lapland wind power survey
The Sami Parliament in Finland rejected participation in a Lapland wind power study saying the body does not participate in projects that promote the idea of wind energy in their homeland. “The green transition is very important to the Sami,…
Equinor’s Arctic LNG Plant to Resume Production
Norway’s Equinor plans to restart production at its Arctic liquefied natural gas (LNG) plant in Hammerfest on June 8 after it was shut down on May 31 due to a gas leak, the company said in a market message on…
Norway Looks To Ramp Up Exploration In Arctic
The Norwegian government recently asked energy companies to increase their oil and gas exploration in remote areas, such as the Arctic Barents Sea. In 2020, Norway exported 87 percent of its energy production. Norway is expected to offer a record…