DeskEnergyThe AEC’s Working Group released a report on Arctic mining, emphasizing Indigenous collaboration, sustainable benefits, infrastructure needs, and streamlined regulatory frameworks.
Russia may have discovered its largest Arctic oil field in three decades, a find that could boost offshore production and alter regional supply dynamics.
Team Arctic Finland hosted a seminar in Tokyo on April 10, presenting AEC initiatives to Japanese maritime leaders, including a new Arctic LNG ship order for Yamal LNG by JMU and MOL.
Statoil has been approved as the first Norwegian business to join the Arctic Economic Council as a Northern Partner, bringing expertise in Arctic oil and gas to the forum.
A Chinese drilling rig paused in Murmansk as it headed toward the Kara Sea, highlighting the growing presence of foreign energy ventures in the Arctic.
Norway is considering issuing new oil licenses in its Arctic region.
West Alpha drillship is moving toward the Kara drillsite in the Kara Sea, marking a new phase of Arctic drilling activity.
