Norway is likely to increase its funding scheme to the EU. The money paid by the EU non-member for access to the European market is spent primarily on energy, social and democracy projects in the new EU states

The Murmansk Shipping Company is ready to invest in the development of the Shtokman field. The company – the biggest freight operator in the Arctic – says it plans to assist the Shtokman Development AG with the construction of port infrastructure.

From July 29th to August 13th, a group of youth will be participation in an expedition to the Arctic. 60 students, along with approximately 30 chaperones from the United States, Canada, South America, Asia, Europe and Oceania will get to spend four weeks sailing the Arctic waters around Kuujjuaq, Nunavik.

A Norwegian-Russian project on health, safety and the environment in the Barents Sea is coming to an end. Project cooperation between the experts from the two countries has flourished, project coordinator DNV informs.

The Russian government is ready to significantly cut red tape for investors in oil and gas projects on the Russian Arctic shelf. The facilitated procedures will not reduce focus on environmental standards, government officials maintain.

In a bit of an ironic twist, it seems that the Coast Guard needs more icebreakers for the Arctic as the ice melts and more shipping lanes are opened. Coast Guard Commandant Thad Allen is urging the government to purchase more icebreakers to deal with the increased ship traffic that is being anticipated in the Arctic waters.

In a bit of an ironic twist, it seems that the Coast Guard needs more icebreakers for the Arctic as the ice melts and more shipping lanes are opened. Coast Guard Commandant Thad Allen is urging the government to purchase more icebreakers to deal with the increased ship traffic that is being anticipated in the Arctic waters.

The development of Teriberka, the hub for the development of the Shtokman field, was on the agenda when several prominent Gazprom leaders met in the company’s Moscow headquarters.

The Russian freight ship ”Petrozavodsk”, which wrecked on the coast of the far northern Bear Island in May, is now to be emptied for oil and oil products.

Russia might lower the maximum value, as well as weight, of goods brought into the country by travelers. That will be another serious blow to cross-border trade.