Norway plans to expand Arctic oil and gas drilling

Norway plans to expand Arctic oil and gas drilling

OSLO — Norway will offer new licenses to drill for oil and gas in its oceans, including previously unexplored acreage in the Arctic, the...
Alaska borough agrees to fines, sweeping improvements in pollution management

Alaska borough agrees to fines, sweeping improvements in pollution management

Alaska's largest Arctic local government has agreed to pay $6.5 million in fines and embark on comprehensive improvements to settle charges regarding several years...
Norway to supply more gas to Europe this summer

Norway to supply more gas to Europe this summer

OSLO — Norway will boost its natural gas output in the coming months, keeping production higher than normal through the summer and delivering bigger...
Denmark to fund major hydropower projects in Greenland

Denmark to fund major hydropower projects in Greenland

Greenland and Denmark announced a new funding agreement for two major hydroelectric power plants in Greenland on Tuesday. Múte B. Egede, prime minister of Greenland,...
Activist investor urges TotalEnergies to exit Russia or face vote

Activist investor urges TotalEnergies to exit Russia or face vote

LONDON — Activist investor Clearway Capital has written to the board of French energy major TotalEnergies calling on it to exit its Russian operations...
Gas leak spurs evacuation at ConocoPhillips field in Alaska’s Arctic

Gas leak spurs evacuation at ConocoPhillips field in Alaska’s Arctic

ANCHORAGE — A days-long natural gas leak has forced a partial evacuation at one of the biggest oil fields in North Slope, Alaska, media...
Citing a major Arctic Alaska project, ConocoPhillips CEO blasts US energy policies

Citing a major Arctic Alaska project, ConocoPhillips CEO blasts US energy...

HOUSTON — ConocoPhillips Chief Executive Ryan Lance on Tuesday said while energy security recently has become more important with worries over supply, policymakers need...
Major oil companies and investors pull back from Russian Arctic oil and gas

Major oil companies and investors pull back from Russian Arctic oil...

Several major oil companies and investors have announced in recent days they are withdrawing from Russian resource development or not pursuing new projects with...
Insurance giant AIG joins movement against financing Arctic oil development

Insurance giant AIG joins movement against financing Arctic oil development

One of the world’s largest insurance companies has joined the ranks of financial institutions refusing to support oil development in the Arctic. American International Group...
Italy freezes loan for Russian Arctic LNG 2 plant, sources say

Italy freezes loan for Russian Arctic LNG 2 plant, sources say

ROME — Russia's invasion of Ukraine has prompted Italy to put on hold its share of financing for the $21 billion Arctic LNG 2...