New Norway oil sector surge includes investment from ConocoPhillips, major Arctic field

New Norway oil sector surge includes investment from ConocoPhillips, major Arctic...

SANDEFJORD, Norway — ConocoPhillips submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns...
New Icelandair connecting flights will ease travel between Greenland and North America

New Icelandair connecting flights will ease travel between Greenland and North...

Icelandair will soon offer two routes to Greenland from Keflavik International Airport, a move that will make it significantly easier for travelers from North...
Rosatom unit seeks compensation from Finnish group on ditching nuclear power plant contract

Rosatom unit seeks compensation from Finnish group on ditching nuclear power...

The Finnish unit of Russia's state-owned Rosatom said on Friday it will demand compensation from Finnish consortium Fennovoima for "unlawful termination" of contract for...
Equinor posts record profit as gas prices soar in Europe

Equinor posts record profit as gas prices soar in Europe

OSLO — Equinor reported record earnings on Wednesday, as the war in Ukraine triggered an energy supply crunch that sent gas prices soaring to...
Finnish nuclear power developers kick out Russian partners

Finnish nuclear power developers kick out Russian partners

After more than eight years of joint planning, the Fennovoima nuclear power company terminates its cooperation with Russian state-controlled company RAOS Project. The decision has...
Japan’s Mitsui takes loss on Russian Arctic LNG stake

Japan’s Mitsui takes loss on Russian Arctic LNG stake

TOKYO — Japanese trading house Mitsui & Co Ltd booked a 20.9 billion yen loss on liquefied natural gas business in Russia in the...
Norway closes seaports and border to Russian traffic

Norway closes seaports and border to Russian traffic

The Norwegian government on Friday announced that it will follow the European Union’s decision to close seaports and borders to Russian goods traffic. The closure...
Allianz becomes latest insurer to opt out of Arctic oil and gas

Allianz becomes latest insurer to opt out of Arctic oil and...

LONDON — Europe's biggest insurer Allianz plans to take a harder line on insuring the oil and gas industry, including new projects in the...
North Pacific right whales may be returning to northern parts of the Bering Sea

North Pacific right whales may be returning to northern parts of...

North Pacific right whales, once numbering in the tens of thousands, swam throughout the Bering Sea until they were nearly wiped out by commercial...
Norway asks human rights court to dismiss Arctic oil case

Norway asks human rights court to dismiss Arctic oil case

OSLO — Norway asked the European Court of Human Rights to dismiss a case brought by Norwegian climate activists who are seeking to stop...