Arctic

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Rosneft finds first oilfield offshore eastern Arctic

Rosneft finds first oilfield offshore eastern Arctic

Russia's largest oil producer Rosneft said on Sunday it had found its first oilfield in the Laptev Sea in the eastern Arctic. Rosneft and its partners plan to invest 480 billion rubles ($8.4 billion) in developing Russia's …

 Novak reveals huge Russia's hydrocarbon reserve

Novak reveals huge Russia's hydrocarbon reserve

Russian Energy Minister Alexander Novak said that the Arctic is a future of Russia's oil and gas production. "The Arctic shelf is a huge hydrocarbon reserve that possesses billions of tons of oil and tens of …

Turkey plans to build research base in Antarctic

Turkey plans to build research base in Antarctic

Turkey plans to build a research base in Antarctic, the Turkish Minister of Science, Industry and Technology Faruk Ozlu said. "Turkish scientists will remain in the Antarctic on the permanent basis," Ozlu said …

Azerbaijan offers Russia systems for Arctic exploration

Azerbaijan offers Russia systems for Arctic exploration

The Institute of Control Systems of the National Academy of Sciences of Azerbaijan (NASA) and the IT-company SINAM have made proposals for the implementation of projects in the Arctic at the third annual …