Home » Posts tagged 'norway'
Tag Archives: norway
Norway Finds Rare Earth Metals That Could Make Europe Less Dependent On China
Norway Finds Rare Earth Metals That Could Make Europe Less Dependent On China Norwegian scientists have made a discovery of rare earth metals in the country’s northern region. The findings have the potential to transform the country’s economy and secure its place as a major player in the global market for high-tech and green technology. Furthermore, the […]
Norway’s Top Energy Exec Warns EU’s Supply Crunch Won’t Be Solved With Price Caps
Norway’s Top Energy Exec Warns EU’s Supply Crunch Won’t Be Solved With Price Caps EU energy commissioner Kadri Simson said Wednesday that natural gas price caps could limit excessive price spikes but only if countries give Brussels the power to impose such a measure. Norway’s top energy firm responded to the proposal in an interview […]
Norway Considers Limiting Electricity Exports To Prevent Domestic Crunch
Norway Considers Limiting Electricity Exports To Prevent Domestic Crunch Norway may soon introduce a rule to reduce its vast electricity exports if levels at reservoirs for hydropower generation drop to critically low levels in a bid to prevent power shortages and further rises in energy bills domestically. Norway’s Energy Minister Terje Aasland told Norwegian media, […]
Norwegian Strikes Could Sever NatGas Supplies To UK
Norwegian Strikes Could Sever NatGas Supplies To UK The European energy crunch is set to worsen this week after Norwegian offshore oil and gas workers went on strike, threatening to sever the Scandinavian country’s energy supplies to the UK and Europe, according to Reuters. As much as 1,117,000 barrels of oil equivalent, or 56% of daily […]
Why Norway Won’t Give Up On Oil & Gas
Why Norway Won’t Give Up On Oil & Gas Norway doesn’t have any second thoughts about oil exploration and investment in light of the International Energy Agency’s (IEA) report suggesting that no new fossil fuel exploration would be needed for a net-zero world. Western Europe’s biggest oil and gas producer is doubling down on oil […]
Russia Voices Concern Over Increased US and NATO Military Activity in Arctic
Russia Voices Concern Over Increased US and NATO Military Activity in Arctic Russia’s FM called for military meetings between Arctic states On Thursday, Russian Foreign Minister Sergei Lavrov voiced concern over the uptick in US and NATO military activity in the Arctic. The comments were made in a speech at a meeting of the Arctic Council […]
5 ways Norway leads and Canada lags on climate action
5 ways Norway leads and Canada lags on climate action As major oil and gas producers and exporters, Norway and Canada share a particular responsibility for confronting the planet’s existential climate threat. However, their different political, economic and cultural features have resulted in major differences in their climate policy track records. Overall, Norway is a leader […]
Norway’s Supreme Court to Decide on Climate Lawsuit Challenging Offshore Arctic Oil Drilling
Norway’s Supreme Court to Decide on Climate Lawsuit Challenging Offshore Arctic Oil Drilling The Supreme Court of Norway is set to rule in a high-profile climate change lawsuit challenging the Norwegian government’s licensing of new offshore oil drilling in the fragile and rapidly warming Arctic region. The forthcoming decision from Norway’s highest court could, for the first time […]
The Race For Arctic Oil Is Heating Up
The Race For Arctic Oil Is Heating Up Despite climate concerns and environmentalist backlash against exploration for oil and gas in pristine sensitive regions of the Arctic, companies continue to explore for hydrocarbon resources in the Arctic Circle, in Russia and Norway in particular. The largest Russian energy companies are looking to explore more Arctic […]
Norway Detects Radiation Near Russian Border Days After Nuclear-Powered Missile Explodes
Norway Detects Radiation Near Russian Border Days After Nuclear-Powered Missile Explodes Days after the Kremlin’s nuclear-powered missile exploded, killing seven and leading to evacuations, Norway detected tiny amounts of radioactive iodine in the air near the northern part of the country bordering Russia. According to Norway’s nuclear safety authority (DSA), the radioactive iodine was detected between […]
Life imitates art: Norway rejects oil prospecting in sensitive Arctic islands
Life imitates art: Norway rejects oil prospecting in sensitive Arctic islands In what seemed like an episode of the Norwegian television drama Occupied, Norway’s largest political party joined smaller ones in the nation’s parliament to prevent oil exploration in the scenic Lofoten archipelago. The Labor Party’s environmental wing made climate change and scenic beauty big issues. Unlike another […]
What Norway’s Big Divestment Decision Means for Fracking, Tar Sands and Global Oil Exploration
What Norway’s Big Divestment Decision Means for Fracking, Tar Sands and Global Oil Exploration Norway’s sovereign wealth fund — a state-owned investment fund worth approximately a trillion dollars — recently announced it was divesting from oil and gas exploration companies around the world. Not surprisingly, many oil and gas stocks declined following the announcement. While this is […]
