Norwayโs biggest oil and gas companies are reviving exploration plans in Arctic waters, as the government agitates for fresh discoveries in the Barents Sea to secure the countryโs future as a key energy supplier to Europe.
Deep Ocean has announced that one of its North Sea vessels was involved in the next instalment of the Hollywood blockbuster film series, Mission Impossible.
The European Court of Human Rights is asking Norway to respond to charges by activists that allowing new oil and gas drilling in the Arctic during an environmental crisis may breach fundamental freedoms.
Climate activists that failed in their attempt to stop oil and gas drilling in Norwayโs Arctic are taking the case to the European Court of Human Rights.
Norwayโs top court dismissed an attempt by climate activists to halt Arctic oil exploration by Western Europeโs biggest petroleum-producing nation.
The Trump administration gave final approval on Monday for a contentious oil and gas leasing plan on the coastal plain of Alaska's Arctic National Wildlife Refuge, where critics worry about the industry's impact on polar bears, caribou and other wildlife.
The Trump administration on Thursday took a major step toward auctioning oil drilling rights across every acre of the Arctic National Wildlife Refugeโs coastal plain, hours after the House of Representatives voted to outlaw the activity.
Backing down on drilling off Norwayโs Lofoten islands could also threaten the search for 16 billion barrels of oil and gas that lies beneath the Barents Sea, the countryโs energy minister said.
A bid to open the Arctic National Wildlife Refuge to oil drilling faces a hold up over an arcane budget rule, a development that may mean it canโt be included in the tax overhaul legislation.
Itโs been a bad year for oil explorers in Norwayโs Arctic: a record campaign in the Barents Sea yielded little; the most exciting well in years proved to be a flop; and Norwegians grew increasingly skeptical about the industry that made them rich.
Vladimir Putin wanted to remake Josef Stalinโs quest for a greater foothold in the Arctic into a global shipping bonanza that could compete with the Suez.
Russia can wait for a sustained recovery in oil prices before drilling again in Arctic waters, relying for now on less costly regions even as rival producer Norway accelerates development of its northerly fields.
The Canadian government says it wonโt grant extensions to exploration licenses for Exxon Mobil Corp., BP Plc and other oil firms as it prepares for consultations over the impact of an Arctic drilling moratorium.
Energy firms including Imperial Oil Ltd. and BP Plc will get a year of consultations to hash out the fate of their rights in Canadaโs Arctic after Prime Minister Justin Trudeauโs drilling freeze set the stage for a dispute over license extensions.
Greenpeace said it has filed a lawsuit against the Norwegian government's decision to hand out drilling licences covering a large area of the Barents Sea.
The oil branch of Russian energy giant Gazprom will start producing from its newest Arctic field in the next few weeks, a news report said, casting doubt of efforts to agree a global output freeze.