Last week the U.S. imposed a temporary ban on industrial fishing in the Arctic until further research into the environmental impact of large scale fishing in the area is conducted. Commerce Secretary Gary Locke said that despite the potential for a fishing market in snow crab, Arctic cod and saffron cod, not enough is known about the region’s fish stocks to authorize large commercial fishing operations.

Murmansk police believes that ecological youth organizations can destabilize the situation in the region. Police has disrupted two demonstrations by the organization “Nature and Youth” in course of the last six months.

The Arctic cod stocks have not been this big since 1948. The reason is climate change which brings warmer water into the Norwegian and Barents Seas.

The company Store Norske Gull is preparing to drill for gold on the Arctic archipelago of Svalbard after successful geological surveys.

The company Store Norske Gull is preparing to drill for gold on the Arctic archipelago of Svalbard after successful geological surveys.

With around 700 Canadian military in the Arctic for Operation Nook, which is the Forces’ annual exercise in sovereignty in Iqaluit, Canadian officials are saying that the country’s military could at some point start testing its Arctic capabilities not just in the summer, but year round.

NATO’s General Secretary, Anders Fogh Rasmussen, wants a stronger NATO- presence in the arctic, as changing climate makes the area more accessible.

Russian regions have a debt of 1.4 billion EUR to Gazprom. The company increased the gas price on the domestic market with 5 percent in the first quarter of the year.

The British law firm Lawrence Graham has been chosen by Shtokman license holder Gazprom Dobycha Shelf as legal assistant in issues related to the Shtokman field development.

The sea ports in Northwest Russia in the first half of the year had a total growth in turnover of 2,1 percent. That is thanks to the bigger amounts of oil shipped in the region.