Energy

Oil industry revives quest for deepwater reserves

The world's top energy firms are restarting their search for giant oilfields under the ocean after a two-year lull. And there's renewed interest in exploration in the Arctic, as well.

A declining Kara Sea town sees a future in coal

Coal company VostokUgol plans to invest some five billion rubles to make the port of Dikson capable of shipping out up to ten million tons of coal per year from a nearby deposit.

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