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26.05.2014 Putin: Russian oil companies best on safe Arctic drilling

Speaking at the St. Petersburg International Economic Forum on Friday, Vladimir Putin praised the technology Russian oil companies are using in the Arctic.

16.05.2014 Russia’s Transneft to invest 2 trillion roubles in pipelines

Russia’s oil transportation company Transneft will invest 1.99 trillion roubles in the renovation and development of trunk pipelines until 2020, its Head Nikolai Tokarev told ITAR-TASS on Thursday, May 15.

14.05.2014 Norway’s Statoil steps up drilling around Arctic field

Working on a development model for the prospective Johan Castberg field, the Norwegian energy company announces two more drilling operations in adjacent waters, Barents Observer said on May 13.

13.05.2014 Russia Interested in Belarusian Technologies to Clean Fuel Spills

Russia has been interested in a Belarusian technologies to clean fuel spills, the news agency BELTA has reported, citing the deputy head of the polar region studies center at the Belarusian National Academy of Sciences, Aleksey Gaydashov.

07.05.2014 Moscow prepares for Arctic drilling

Russia is taking a string of measures in its planning of Arctic offshore oil and gas projects.

29.04.2014 Greenpeace may intercept first Russian Arctic oil shipment

Greenpeace International has scrambled its Rainbow Warrior III ship for a mission to intercept a tanker carrying the first oil produced at an offshore drilling platform in Russia, Barents Observer reported on April 28.

23.04.2014 Gazprom’s Arctic reserves expected to grow

Over the next several years, Gazprom’s Arctic shelf reserves may more than double, the head of Gazprom’s department for offshore deposits, Vadim Petrenko, told the conference “The Russian Fuel and Energy Complex in the 21st Century” on Tuesday, April 22. It is expected that hydrocarbon reserves will grow by 130% after large-scale geological research which will be conducted mainly at new blocks.

22.04.2014 Gazprom loads first oil from Russian Arctic shelf

On April 18, Gazprom loaded the first cargo of oil produced from the Prirazlomnoye field – the only Russian project for hydrocarbons development in the Arctic shelf, Gazprom’s press office said.

16.04.2014 Russian Arctic recoverable oil, gas resources estimated at 106bn tons

Recoverable resources of the Russian Arctic region are estimated at 106bn tons of oil equivalent, the president of the Russian Gas Society, Pavel Zavalny, has told a conference on Arctic oil and gas. He said gas reserves were estimated at 69.5tn cubic meters.

08.04.2014 Russian scientists to look for Arctic oil and gas

The largest expedition since the Soviet times is going to look for oil and gas in the Arctic region, Arktika-Info has reported, adding that areas of the Kara Sea, Laptev Sea and New Siberian Islands will be explored.