A statement from the Barents Regional Council stresses that the European Parliament must include the regional level in their upcoming Arctic strategy debates.

Greenland is demanding that oil companies bidding to drill in huge areas of its Arctic waters each pay an estimated $2bn (£1.25bn) upfront "bond" to meet the clean-up costs from any large spill.

Deputy leader of Gazprom Andrei Kruglov does not exlude that the launch of the huge Bovanenkovo gas field in Yamal is postponed if market demands do not meet expectations.

37 companies have submitted applications for licenses on the Norwegian shelf, the Norwegian Petroleum Directorate reports.

Officials of the Northern Dimension countries are meeting in a ministerial conference in Oslo today to take up the promotion of cooperation, specifically in the Arctic region.