Billions are invested in the Zvezda yard outside Vladivostok to make it capable of meeting Russia’s growing demand for ice-protected ships and platforms.
A northern community in Finland has not only gone off the grid – it’s never been on it. Why Kempele ecovillage could be the prototype neighbourhood for future northern green communities.
Exxon and Rosneft have found oil at the first well drilled, but the unanswered question is how to exploit it as sanctions halt Arctic offshore cooperation.
OULU: Scientists are now looking into the potential for electricity production wined from geothermal energy reservoirs in Svalbard. Further, they are considering the possibility of combining this with carbon dioxide capture and storage.
As national economy slides towards the abyss, Russia grants 150 billion roubles from its National Wealth Fund to gas company Novatek’s Yamal LNG project.
The Sabetta port will become one of the biggest in the Russian Arctic. Located in the Yamal Peninsula, it will boost shipping in the icy waters of the Ob Bay and the Northern Sea Route.
Billions are invested in the Zvezda yard outside Vladivostok to make it capable of meeting Russia’s growing demand for ice-protected ships and platforms.
The Shtokman project is technically viable and the Shtokman Development AG (SDAG) will make good money with an oil price of 60 USD per barrel, company leaders told the press.
Prime Minister Vladimir Putin has approved the bid of Arkhangelsk to become the main development base for the Shtokman project, Governor Ilya Mikhalchuk says.
