Russian Mining Giant Nornickel Fined $2 Billion for Huge Arctic Fuel Spill February 5, 2021 By Polina Devitt MOSCOW – Russian mining giant Norilsk Nickel was fined $2 billion on Friday for the damage caused by a huge...
Insurers Face Liability Uncertainties as Ships Begin to Sail Through Arctic Waters October 27, 2020 By Jonathan Saul When Captain Will Whatley guides a ship through Arctic waters, he is starkly aware of what can go wrong. Double...
Russia Requires Firms to Develop Financial/Insurance Contingency Plans for Oil Spills July 14, 2020 President Vladimir Putin on Monday signed legislation requiring companies involved in oil production or handling other hydrocarbons to have adequate...
Russia’s Nornickel Denies Allegations of Cover-Up over Arctic Oil Spill July 13, 2020 By Andrew Osborn and Tom Balmforth Pressure is mounting on Russian mining company Norilsk Nickel over an Arctic oil spill that has wiped about 17% off...
Russian Regulator Seeks $2B in Damages from Nornickel for Arctic Fuel Spill July 7, 2020 Russia’s environmental watchdog has asked a power subsidiary of Russian mining giant Norilsk Nickel (Nornickel) to pay almost 148 billion...
Unprecedented Arctic Diesel Spill Angers Putin and Could Force Green Reform in Russia June 11, 2020 By Yuliya Fedorinova, Ilya Arkhipov and Olga Tanas The mishandling of the biggest Arctic oil spill ever infuriated Russian President Vladimir Putin and could give a boost to...
Massive Fuel Spill in Siberia Blamed on Melting Permafrost – or Climate Change June 4, 2020 By Yuliya Fedorinova A massive fuel spill in Siberia prompted Russia to declare a state of emergency in the region as the mining...