Coals to Newcastle*?: Putin offers to sell LNG from Yamal to Saudi Arabia

In the latest twist in the complex and sometimes bizarre tale of Eurasian geopolitics, Russian President…

Yamal paves way for Northern Sea Route

The development of Russia’s $27bn Yamal LNG  plant some 600 kilometres north of the Arctic Circle…

Rosneft strikes oil in Laptev Sea

Just days after unveiling plans to invest more than $8bn in developing Russia’s Arctic offshore energy…

Rosneft earmarks $8.4bn for Arctic exploration with mystery partners

Rosneft – with the help of a number of as yet unspecified partners  – is planning…

Obama hits Trump with new Russian sanctions and Arctic drilling ban

Outgoing US President Barack  Obama this week did his best  to thwart his successor Donald Trump’s…

Major oil field discovered in Alaska

A little-known energy exploration company this week claimed to have found new recoverable oil reserves in Alaska that could…

Russian Europan oilfields will start running out by 2040s, expert warns

Russian European oilfields  will start running out  in the 2040s giving it no more than 25-30 years to replace…

Putin watches on by video as first tanker leaves Arctic Gate oil terminal

Under the watchful eye of President Vladimir Putin who gave the project his blessing via a live video…

Chinese banks rubber stamp 15-year €9.3bn Yamal LNG loan

Yamal LNG loan: The  China Exim Bank and the China Development Bank yesterday signed a loan agreement…

China eyes up Northwest Passage in threat to Canadian sovereignty

China has declared that it plans to ship cargo through the Northwest Passage, the series of…

China’s PM promises to speed up Yamal LNG financing

Yamal LNG financing: At a private meeting with Russia’s Deputy Prime Minister Arkady Dvorkovich  this week,…

Novatek finalises sale of 10% Yamal LNG stake to Chinese Silk Road Fund

Novatek has finalised the sale of a 10% stake in the Yamal LNG plant in north-west…

Russia renews claim to five billion tons of hydrocarbons under Arctic Shelf

Russia will today  submit a revised application to the United Nations  for permission to expand its…

Few takers for Northern Sea Route as shippers stick to what they know

Only 18 ships made use of the Northern Sea Route last year, with analysts suggesting that shipping…

Novatek officially sells stake in Yamal LNG to China’s Silk Road Fund

Russian gas giant Novatek officially agreed to sell a 9.9% equity stake in its Yamal LNG…

Russia ‘too slow’ to find new sources of offshore technology

Offshore technology: Russia was ‘too slow’ to find alternative supplies of equipment for offshore oil production…

Shell abandons Arctic drilling as exploration disappoints

Arctic drilling: In a move that could cost it billions of dollars, Royal Dutch Shell has…

Russia renews claims to Arctic territories

 14 years after it last raised the subject, Russia has submitted a revised application to the United…

Obama gives Shell green light for Arctic drilling

Arctic drilling: The Obama administration has given Shell permission to drill for hydrocarbons off the  northwest coast…

Russia and US agree to Arctic fishing ban

Arctic fishing ban: The US, Russia, Canada, Norway and Denmark yesterday signed an agreement in Oslo barring their  fishing fleets…

Northern Sea Route could be ice-free in 15 years, claims expert

The Northern Sea Route could be  completely free of ice all year round,  The Deputy Director of…

Medvedev signs off plans to develop Northern Sea Route

Prime Minister Dmitry Medvedev last month signed off on plans to increase annual freight traffic through the  Northern Sea Route…

Russia set to dominate Arctic drilling by 2030

Arctic drilling: By 2030, Russia will be extracting  55% all hydrocarbons being drilled from the Arctic, according to…

Total pulls out of Shtokman project and gives shares back to Gazprom

French energy firm Total last week announced that it had pulled out of the Shtokman natural…