News

The USA backs the northern route of the Russian oil transportation

Publish date: October 27, 2005

The USA is encouraging Russia to build an oil terminal directed to the Barents Sea.

According to RusEnergy, Russian Minister of Industry and Energy Victor Khristenko and US Secretary of Energy Samuel Bodman announced their support for such a plan after a recent round of negotiations between the two officials.


“We stand for the northern route to help oil export from Russia to the USA and other countries. This will also make raw oil transportation cheaper,” Bodman was quoted as saying by RusEnergy.

More News

All news

6th meeting of the Carbon Removal Expert Group summary and feedback 

The Carbon Removal Certification Framework (CRCF) has been formally approved by the Council on the 19th of November 2024 and entered into force on the 9th of December 2024, providing an official mandate for the Commission to develop methodologies on carbon farming and carbon removals. However, the technical documents and specifications are still being drafted and revised for input from the Carbon Removals Expert Group (CREG), of which Bellona is a member. 

Photo: Christening of Northern Lights’ first CO₂ carrier in Stavanger in 2025, by Olav Øye

A great leap towards a scaled European market for CCS: Northern Lights expands storage capacity, will store CO₂ from Stockholm  

Europe’s only multi-source, injection-ready CO₂ storage site will more than triple its capacity by 2028. The decision follows an agreement with Stockholm Exergi to transport and store up to 800 – 900 kilotonnes of CO₂ per year. “This decision is years in the making, and the culmination of decades of hard work from many, Bellona included” says Bellona Europa Director Jonas Helseth.

Subscribe to our newsletter

Get our latest news

Stay informed