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LNG
Italy Halts Funding for $21 Billion Arctic LNG 2 Project
Italy has halted its share of the financing for the Arctic LNG 2 project, as Western companies and countries continue to sell their stakes in Russian energy pro…
LNG
MOL Signs Charter for New Arctic LNG 2 Ice-Breaking Carrier
Japanese shipping major Mitsui O.S.K. Lines (MOL) has signed a charter contract for a newbuilding ice-breaking carrier to serve Russia’s Arctic LNG 2 project.
Nuclear Technology
Sibir Versatile Nuclear Icebreaker Joins Atomflot
Arctica, the flagship versatile nuclear icebreaker, is operating in the Northern Sea Route right now.
Nuclear waste
Japan Urged to Revoke Decision to Dump Nuclear Wastewater After Study Finds Fukushima Radioactive Material Reaches Arctic Ocean
A small amount of the radiocesium was detected and Yuichiro speculated that it had spread to the center of the Arctic Ocean.
Nuclear Power Plant
Rosatom Seeks to Develop Small NPPs with Hydrogen Batteries
Polet-Service, commissioned by a subsidiary of Rosatom, is to undertake research on a power supply for remote Arctic territories using low-power nuclear power p…
Oil&Gas Drilling
Biden Administration Mulls Reversal of Trump Arctic Drilling Plan
The Biden administration may reverse a Trump-era policy that opened vast swaths of federal land in Arctic Alaska to oil development
Oil & Gas Trade
India’s ONGC May Buy Stake In Rosneft’s Massive Arctic Oil Project
A consortium of Indian energy companies—including state major ONGC—is in early talks with Rosneft for the acquisition of a stake in the Russian state company…
Oil&Gas Drilling
Democrats Close in on Drilling, Mining Bans for Biden’s $3.5T Infrastructure Scheme
Legislation to block oil drilling in most U.S. waters and Alaska’s Arctic National Wildlife Refuge edged closer to passage Thursday
Rosatom
Rosatom and Russia’s Far East and Arctic Development Ministry Sign Cooperation Agreement
Rosatom signed a cooperation agreement with the Ministry for the Development of the Russian Far East and Arctic in the framework of the VI Eastern Economic Foru…
United States
Alaska Judge Dismisses Trump-era Approvals for Arctic Oil Project
A US federal judge invalidated permits approved during the Trump administration for a large oil development project on Alaska’s North Slope on Wednesday.
Energy Investment
Singapore's GIC invests $240 mln in Arctic Green Energy
Singapore sovereign wealth fund GIC will invest $240 million in Arctic Green Energy to support the renewable energy firm's expansion in Asia and Europe.
United States
Texas Power Cooperative Files For Bankruptcy
Brazos Electric Power Cooperative Inc., a power supplier in Texas, has filed for bankruptcy protection in the wake of the energy crisis brought on the state by …
Energy Security
These are the Key Lessons of the Texas Snowstorm
Arctic blasts may not trouble the Arabian Gulf but the Texas crisis should convince all regions to prepare for their own weather challenges
LNG
Russia's Rosneft Looks to Arctic to Ramp up LNG Output
The projects were considered as part of its LNG strategy at a meeting chaired by Deputy Prime Minister Alexander Novak last month
Paris Climate Agreement
Biden Continues Anti-Oil Promises On Day One
President Joe Biden will issue a “temporary moratorium” on all oil and gas leasing in the Arctic National Wildlife Refuge, or ANWR area.
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