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Energy

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Cairn Energy makes deal for two Greenland rigs

Cairn Energy has announced a significant step forward in its hunt for oil in Greenland after securing two rigs for its drilling campaign.

BusinessJanuary 10, 2011
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Icelandic company plans to sell 1000 electric cars in Iceland

The Icelandic company Northern Lights Energy (NLE) has signed a letter of intent with the U.S. company AMP Electric Vehicles to sell one thousand elec...

BusinessDecember 3, 2010
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Cairn sells Bangladesh assets to concentrate on Greenland

Oil and gas giant Cairn Energy is further bailing out of Asia by selling loss-making fields in Bangladesh in order to focus on Arctic projects.

BusinessNovember 15, 2010
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An open letter on climate change

The following is an open letter on climate change sent from Anthony Giddens and Martin Rees to leading media sources in over 50 countries:

EnvironmentOctober 23, 2010
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Stockholm hosts green capital conference

On 20-22 October 2010, the first European Green Capital Conference will take place. It will be hosted in Stockholm; the first European Green Capital f...

BusinessOctober 18, 2010
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Asbru launches new website to further customer services

Asbru Enterprise Park in Iceland continues to be at the forefront of entrepreneurship, education and business development through the launch of its ne...

BusinessOctober 14, 2010
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Norway urges Canada and Russia to forge Arctic agreement

Norway has called on Canada to settle its disputes with Russia in an attempt to decrease tensions over sovereignty in the Far North. The recommendatio...

BusinessSeptember 25, 2010
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Mitsubishi to start producing synthetic fuel in Iceland

Mitsubishi Heavy Industries is preparing to create a fuel plant manufacturing dimetil Ether (DME / CH3OCH3) in Iceland; and if the plans go through th...

BusinessSeptember 18, 2010
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New defence deal signed to expand Ukrainian drone production to Norway

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$916 Million Investment in Air and Drone Defence Systems Announced by Swedish Government

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