Norway’s 2015 GDP growth prediction slashed
Economic outlook for mainland economy in Norway isn’t looking quite as rosy as original hoped, with the minority government proposing a revision to th...
Norway and Russia team up for Arctic oil exploration
Norway’s state-owned Statoil firm has signed a deal with Russian oil giant Rosneft to explore the sea around the Arctic.
Cairn to keep Greenland and look elsewhere
Cairn Energy has vowed to continue drilling for oil off Greenland, but says it will try to rebalance the risk by acquiring new, safer assets elsewhere...
Statoil announces big find
Norwegian state oil producer Statoil ASA has announced a major oil find in the Barents Sea off the coast of northern Norway.
Greenpeace ambush oil execs into phony meeting
Greenpeace has got one over on the top dogs of the oil industry after duping them into listening to a lecture about the perils of exploration in Green...
Cairn comes up empty-handed again
Cairn Energy has yet again failed to find oil or gas at its wells in Greenland. The Scottish exploration company’s shares fell one percent on the anno...
Cairn finally scores in Greenland
British drilling firm Cairn Energy has seen its share prices increase after finally finding evidence of oil in one of its controversial Greenland well...
Tensions bubble as Cairn fails again
British oil company Cairn Energy has announced that it has again failed to strike black gold at its sixth controversial well off the coast of Greenlan...