Debate over Norwegian offshore oil and gas estimates
A new report from Norwegian Petroleum Directorate (NPD) has estimated that there are nearly NOK 500 billion (USD 90 million) worth of untapped gas and...
Finnish government gives go ahead to new nuclear reactors
The Finnish government has endorsed applications from two companies for the construction of two new nuclear reactors.
Spectacular Iceland volcano images
Photos, drawings and videos are beginning to emerge of the Eyjafjallajokull eruption in Iceland. The volcano is over ten-times more powerful than the ...
Statoil announces new US deal
Norwegian-based Statoil has announced a new agreement with US energy giant Chesapeake that will see the addition of 59,000 acres to the existing 600,0...
Innovative education and business development at Iceland enterprise park
The Asbru Enterprise Park, located in Keflavik, is pushing Iceland to the forefront of entrepreneurship, education and business development. The park ...
General Electric announces Norwegian wind power expansion
US energy giant General Electric (GE) has promised to pump money into Norway’s wind power industry, in a move that will create 100 new jobs. GE will b...
Volcanic activity in Iceland attracts geological studies
The recent volcanic activity at the Eyjafjallajokull glacier in southern Iceland has attracted a lot of interest amongst geologists and volcanologists...
Strong performance from Norwegian Pension Fund
The Government Pension Fund Global, or National Oil Fund, recorded a record annual return for 2009 according to a new report by the Norwegian Central ...