Energy

British firm eyes major Greenlandic oil project despite government opposition

A British company plans to begin drilling for oil in Greenland’s Jameson Land in…

Iceland lifts the lid on superhot geothermal energy at the Arctic Circle Assembly

“The same spirit that once sent humanity to the Moon must now guide us…

Tanker carrying 7th sanctioned Arctic LNG 2 cargo berths at China port

A liquefied natural gas (LNG) tanker carrying cargo from Russia’s sanctioned Arctic LNG 2 project berthed…

New EU sanctions package targets Russian LNG

“It is time to turn off the tap,” President of the EU Commission Ursula…

A Texas firm is gearing up for a $150 million search for oil beneath the Arctic Ocean

Narwhal Exploration is one of three small, privately owned companies with offshore leases in…

Orsted wins approval for emergency rights issue as Trump threatens US projects

Offshore wind developer Orsted won shareholder approval on Friday for a $9.4 billion emergency…

Norway pumped more oil and gas than forecast in July

Norway‘s combined oil and gas production exceeded an official forecast by 3.9% in July,…

Arctic economy: What do the numbers tell us?

The Arctic’s economic potential, geopolitical climate, and investment prospects have drawn significant attention. At…