170 million tons of oil is hauled across the Gulf of Finland each year. The volume has increased eightfold during the last couple of decades. Today, the Gulf of Finland is one of the most busy sea areas in the world.

The film begins with a giant oil tanker running into the rocks due to a human error. Several close calls at the Gulf of Finland show that a severe oil spill could practically happen at any given moment.

The Black Gold is a documentary that shows what a major oil spill at the Gulf of Finland (or any other Arctic area) would cause. The film shows how an ecocatastrophe caused by oil would proceed minute by minute, hour by hour, day by day in the vulnerable nature of the North.