Is Iceland finding oil on the Jan Mayen Ridge?
Very positive signs of oil have been found at the Dreki Area, on the Jan Mayen Ridge of Iceland. As reported last year, the Icelandic government inten...
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Fiji government yields to bottled water company pressure
A proposed tax on bottled water in Fiji has been scrapped following pressure by an industry lobby group on the island. The interim Fijian government r...
Nationwide WiMAX network on the way for Denmark
Global network infrastructure company ECI Telecom has completed arrangements with Danish utilities giant ELRO to set up a WiMAX network covering all o...
Russian navy resumes Arctic sea patrols
The Russian navy has resumed its patrols of the Arctic sea around the Svalbard archipelago, an area claimed by both Russia and Norway. There has been ...
Google unveils its answer to Wikipedia
Google launched its online encyclopedia to the world on Wednesday, after almost 7 months in closed beta testing. The project, called Knol, will featur...
Finns to manufacture hybrid sports cars for US market
In the latest move to expand the range of hybrid electric cars available to US consumers, Finnish car manufacturer Valmet Automotive announced a deal ...
Norway gets green light for carbon capture and storage
Authorities monitoring European competition announced that they will allow the Norwegian government to provide huge financial support for new technolo...
Hundreds of tremors hit north Iceland
Over 700 small earthquakes have been measured off the north Icelandic coast, reports the Icelandic Meteorological Office. The tremors hit in an area w...