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Energy

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Norway plans to spend heavily on renewable energy

Norway plans to use some of its vast sovereign wealth fund to develop sustainable energy. Despite being flush with oil, an unspecified proportion of N...

BusinessSeptember 7, 2008
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Iceland to start drilling for oil

The Icelandic government has offered 100 licenses to companies to start exploring for oil off the country’s northeastern coast. Iceland could st...

IcelandSeptember 2, 2008
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Sweden’s trains going green

Sweden has unveiled a new high-speed train that will reduce energy use by 30 per cent over its existing trains. The Grona Taget (Green Train), which c...

MBLSeptember 1, 2008
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Norway to remove Murmansk wreck

Based on recent discoveries that the wrecked Russian cruiser Murmansk contains radioactive substances, the Norwegian government has decided to remove ...

GeneralAugust 24, 2008
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Finland halts work on nuclear reactor over safety concerns

Finland’s fifth nuclear power plant, which is currently under construction, has been put on ice pending new studies on the safety of its building meth...

FinlandAugust 22, 2008
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Norway completes controversial seismic survey near Lofoten Islands

Despite the outcry from local environmental groups, the Norwegian energy authority has wrapped up a full seismic survey of the Arctic waters around th...

MBLAugust 19, 2008
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IKEA expands efforts to encourage green lifestyles

Greenbiz.com reports that over the next five years, IKEA will invest some USD 77 million in clean technology start-ups specialising in green tech prod...

BusinessAugust 17, 2008
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Air carrier Norwegian asks employees to take wage cut

In its latest bid to cut costs, airline Norwegian has asked its employees to take a wage cut. Staff who accept the wage cut of between 5 and 10 per ce...

BusinessAugust 17, 2008
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Finland advances toward licensed gambling market ahead of 2027

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Cave in Greenland points to higher ancient air temperatures in High Arctic

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