Ólafur Ragnar Grímsson, the President of Iceland, and First Lady Dorrit Moussaieff, are currently sailing to Antarctica, according to the President’s office near Reykjavík. Al Gore, Nobel laureate and former US Vice President invited them to visit the southernmost continent on the planet. Read the full story

Greenlandic authorities have opened bidding on oil prospecting licences to the east of the country for the first time. Interest is said to be strong, with over 70 oil companies attending the Greenlanders’ open meeting on the subject last month in Copenhagen. Read the full story

Jón Bjarnason

All fishing for halibut around Iceland will be banned from 1st January amid ongoing stock decline. Read the full story

Greenpeace has got one over on the top dogs of the oil industry after duping them into listening to a lecture about the perils of exploration in Greenland. Read the full story

There has been a significant reduction in the quantity of Icelandic-caught fish being thrown back into the sea when fish of the wrong size are accidentally caught, or when the boat does not hold a quota for a particular species which ends up in its nets. Read the full story

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

Ögmundur Jónasson, Iceland’s Minister of the Interior, has rejected Chinese billionaire Huang Nubo’s application to buy 30,639 hectares in northeast Iceland for the construction of a luxury resort. Read the full story

Tree-folk in Iceland are racing against time, and each other, to get Christmas trees chopped down and into the shops. Read the full story

British drilling firm Cairn Energy has seen its share prices increase after finally finding evidence of oil in one of its controversial Greenland wells. Read the full story

Roughly a year after construction began on Iceland’s new methanol fuel factory, it has now opened and is at full production capacity. Its environmentally-friendlier renewable fuel may well be used in almost every car in the country. The factory is the first of its kind in the world. Read the full story