Arctic
News
May 20, 2020
Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is almost back to pre-pandemic levels.
News
May 11, 2020
Bleak crude prices and fuel demand forecasts won’t blunt oil company bidding for Arctic drilling rights, Interior Secretary David Bernhardt said Monday.
News
April 27, 2020
The latest front in the war against drilling for oil in Alaska’s rugged wildlife refuge isn’t Washington -- it’s Wall Street.
News
March 17, 2020
Oil’s freefall amid a deepening price war and a global pandemic threatens to complicate Russian efforts to turn the Arctic into a major new energy zone.
News
March 03, 2020
Alaska’s $67 billion sovereign wealth fund, a pool that invests some of the state’s revenue from oil and other resources, is expressing displeasure with banks that oppose financing new Arctic exploration or development.
News
February 28, 2020
The Trump administration is moving to sell drilling rights in the Arctic National Wildlife Refuge, Interior Secretary David Bernhardt said Saturday.
News
November 26, 2019
Equinor will reduce its focus on the frontier areas of the Barents Sea in another blow to Norway’s ambition to build a new oil province in its Arctic region.
Article
November 2019
Dancing on melting ice
News
September 17, 2019
Qingdao McDermott Wuchuan Offshore Engineering Co. Ltd in Qingdao, China, has been awarded a contract to provide three complex modules for the Arctic LNG 2 Project in the Yamal-Nenets Autonomous Region in Russia.
News
September 13, 2019
The Trump administration on Thursday took a major step toward auctioning oil drilling rights across every acre of the Arctic National Wildlife Refuge’s coastal plain, hours after the House of Representatives voted to outlaw the activity.
News
September 12, 2019
The House is poised to vote Thursday to again bar oil and gas drilling in Alaska’s Arctic National Wildlife Refuge, as Democrats seek to put Republicans on the record on tough environmental issues for the 2020 election.
News
September 05, 2019
The project will have a production capacity of 19.8 MM tons per year and is expected to export its first LNG cargo by 2023, the second and third train to start up by 2024 and 2026.
News
July 23, 2019
TechnipFMC has been awarded a $7.6-billion EPC contract by Novatek and its partners for the Arctic LNG 2 project located in the Gydan peninsula in West Siberia, Russia.
News
June 17, 2019
Equinor Energy AS, operator of production license 859, has completed the drilling of wildcat well 7335/3-1.
News
April 25, 2019
CNOOC Limited has announced that the company has signed a heads of agreement with JSC Novatek, a Russian gas producer, for the acquisition of 10% interest of the Arctic LNG 2 project.
News
April 12, 2019
Nidec ASI, head of the Nidec Industrial Solutions business platform belonging to the Nidec Group, signed last month with Siemens Gas and Power , a multi-million euro contract, for the supply of Variable Frequency Drives Systems (VFDS) and Motors for the Arctic LNG 2 project which will be used as part of the Natural Gas (LNG) liquefaction plants located in the Yamal peninsula in Arctic Russia.
News
April 08, 2019
About 1,500 mi from Moscow, the port of Sabetta on the Russian Arctic peninsula is the site of Russia’s most ambitious LNG project.
News
April 07, 2019
Norway's Labor Party holds steadfast against oil exploration in Arctic's Lofoten islands
News
March 31, 2019
The Trump administration's attempt to restore oil and gas leasing in U.S. waters was blocked by a federal judge in Alaska, delivering a win to environmentalists who argued that offshore drilling isn’t worth the risk.
News
March 20, 2019
Greenland Gas & Oil Limited (‘GGO’ or the ‘Company’) is pleased to confirm the award of a new license and extension of existing licenses, as well as provide details of upcoming operational activities on its Jameson Land acreage located onshore south-east Greenland.