Norway will boost its civilian aid to Ukraine by five billion kroner ($475 million) this year and extend its aid package through 2030, Prime Minister Jonas Gahr Støre announced on Friday. This extension raises the total aid commitment to 135 billion kroner, up from a previous total of 75 billionContinue Reading

Greenpeace on Friday warned Norway that its plans to open up its Arctic seabed to mining would cause “irreversible” damage to the entire marine ecosystem. The Scandinavian country is expected to award the first exploration licences in 2025, and could become one of the first nations in the world toContinue Reading

It was recently announced that the Norwegian government had appointed a panel to assess the expediency of developing nuclear power in the country. The report with conclusions is expected by April 1, 2026. It is very likely that the conclusion will be positive. After Russia’s invasion of Ukraine and theContinue Reading

Prices jumped Monday as jittery traders responded to an unexpected cutoff in supply. Europe’s gas market has been jolted out of its slumber. An outage in key supplier Norway sent prices up Monday by the most this year, and uncertainty over the duration of repairs has traders on edge. AContinue Reading

A Lieutenant General with the Finnish Defence Forces told the British business daily that Finland is stepping up its already high level of preparedness in the face of an “increasingly aggressive Russia”. Finland has started storing military equipment in neighbouring Norway and will soon begin doing the same in Sweden,Continue Reading