Photo: By Navin Mistry / Shutterstock By Nerijus Adomaitis OSLO, Feb 4 (Reuters) - Norway may restrict oil firms' access to offshore resources in the Arctic by moving the so-called ice edge, a line that sets a legal limit on the extent to which companies can go north in search of oil. The ice edge is a legally drawn boundary that is meant to approximate the … [Read more...]
Norwegian Autonomous Ship Project Secures Major Funding
The European Union has provided more than 20 million euros to a pioneering project in Norway to advance autonomous ship technology. The funding, one of the largest grants of its kind ever given in Norway, will help the project known as AUTOSHIP which seeks to demonstrate the use of two autonomous vessels in Europe’s short sea shipping and inland waterways sector. Led by … [Read more...]
Oil Giant Reveals Survival Tactics in Age of Climate Anxiety
By Mikael Holter (Bloomberg) --The largest oil company in western Europe’s biggest petroleum exporter wants to drastically cut its carbon footprint. Equinor ASA, which is based in the Norwegian town of Stavanger on the edge of the North Sea, is trying to adapt its business model to a world increasingly alarmed by the fallout of climate change. Eldar Saetre, the chief … [Read more...]
Norway Picks Offshore Wind Naysayer as Oil and Energy Minister
By Nerijus Adomaitis and Gwladys Fouche OSLO, Dec 18 (Reuters) - Norway made an outspoken right-wing lawmaker who once called wind turbines "white monsters" its oil and energy minister on Wednesday, as the government debates updating rules for petroleum industry activity in its Arctic waters. As head of the oil and energy ministry, Sylvi Listhaug will be in charge of … [Read more...]
Green Groups Return to Court to Stop Arctic Oil Drilling off Norway
By Nerijus Adomaitis OSLO, Nov 5 (Reuters) - Environmental groups urged a Norwegian appeals court on Tuesday to take emissions from the country's oil and gas exports into account when ruling on the government's decision to allow oil firms to explore in Arctic waters in 2016. The session follows the dismissal by a lower court of the lawsuit against the Norwegian state by … [Read more...]