'is pushing polar-hungry China - the biggest emerging superpower in the world - into the arms of the Arctic's largest player, Russia.'
That wording's a bit misleading, as it's more often said in a context where the country seeking collaborators is welcomed and even courted by the potential collaborators: "If we don't befriend them, they'll become friends with someone else."
But in this case, Norway declining a China collaboration will not improve Russia-China relations – because Russia and China are already in a longstanding, unavoidable relationship (a slightly tense one) dictated by their land border. Re the Arctic there's an additional factor that Russia is what geographically stands between China and the Arctic.
It's telling that China's preference of who to work with was the non-Russian Arctic countries. China wanted Norway to help it get an advantage over Russia, or at least to mitigate China's geographical disadvantage; and Norway has declined to help.
So yes, from the Russians' point of view, the refusal of Norway to sell to China does "drive them into our Russian arms"; but from everyone else's point of view, it's not going to make the relationship between Russia and China any more friendly. Those two countries are already as much frenemies as they want to be, each jockeying for position over the other.