Posted on 06 February 2012.
Valdimar Össurarson runs a company called Valorka, which has designed a marine electric turbine by the same name. The generator won first prize at the International Inventors’ Awards 2011. The company hopes its turbine will create a steady and reliable supply of electricity. Read the full story
Posted in Energy, Environment, Iceland, MBL, TechnologyComments (0)
Posted on 07 December 2011.
Cairn Energy has yet again failed to find oil or gas at its wells in Greenland. The Scottish exploration company’s shares fell one percent on the announcement that another two dry wells are to be plugged and abandoned. Read the full story
Posted in Business, Energy, Environment, General, Greenland, International, MBL, Technology, United KingdomComments (0)
Posted on 13 November 2011.
The Icelandic Minister of Finance says that it is not wasteful for the state to pay ISK 300 million of taxpayers’ money to buy two plots of land owned by the Reykjanesbaer municipality. Read the full story
Posted in Business, Energy, Environment, General, Iceland, MBL, PoliticsComments (0)
Posted on 08 October 2011.
British oil company Cairn Energy has announced that it has again failed to strike black gold at its sixth controversial well off the coast of Greenland, angering environmentalists and worrying investors. Read the full story
Posted in Business, Energy, Environment, General, Greenland, International, MBL, United KingdomComments (0)
Posted on 17 August 2011.
The Greenland government has published oil spill contingency plans for controversial drilling firm Cairn Energy after repeated calls for such action from environmental activists. Read the full story
Posted in Energy, Environment, General, Greenland, International, MBL, PoliticsComments (2)
Posted on 09 August 2011.
Iceland is producing twice the amount of electricity today as it was at the time of the millennium celebreations, just eleven years ago. The country could well go on to double present-day energy generation as well. Read the full story
Posted in Business, Energy, Environment, General, Iceland, International, MBL, Politics, SocietyComments (2)
Posted on 21 July 2011.
Environmental activists dressed as polar bears have staged a sit-in at the Edinburgh offices of Cairn Energy in a protest against the company’s deep-water oil drilling activities off the coast of Greenland. Read the full story
Posted in Business, Denmark, Energy, Environment, General, Greenland, MBL, Technology, United KingdomComments (0)
Posted on 18 July 2011.
Reykjavik Energy has begun the process of selling off non-core assets as part of its City of Reykjavik-led emergency bailout. Read the full story
Posted in Business, Energy, General, Iceland, MBLComments (0)
Posted on 22 June 2011.
The global head of Greenpeace has been arrested after scaling an oil rig off the coast of Greenland, despite a recently imposed injunction. Read the full story
Posted in Business, Energy, Environment, General, Greenland, International, MBLComments (0)
Posted on 08 June 2011.
Cairn Energy has announced that drilling has begun again at its oil exploration rig in the Arctic, after 18 Greenpeace activists breached a restricted area and suspended operations for 12 hours. Read the full story
Posted in Business, Denmark, Energy, Environment, General, Greenland, International, MBL, United KingdomComments (2)
Iceland central bank holds rates, predicts ongoing economic growth
Continued Malmö violence embarrasses police
Currency exchange privacy case thrown out of Icelandic court
Sauli Niinistö wins Finland presidential race
Iceland historic French village restoration finance secured
Murder in Hafnarfjörður
Workplace drug tests increase tenfold
Mythical Icelandic monster captured on film?
Explore Vatnajökull and Jökulsárlón in Iceland with Glacier Lagoon tour
Ocean turbine designer: “Iceland could up its energy production twentyfold”
