Greens Berate Norwegian State for Reopening 'Defunct' Gas Fields
3 Articles
3 Articles
Greens Berate Norwegian State for Reopening 'Defunct' Gas Fields
May 6th saw Norway’s Labour-led government signal a decisive shift in its European energy strategy. Environmentalists and the Socialist Left party have already labeled the decision “greenwashing madness.” Prime Minister Jonas Gahr Støre announced the reopening of three North Sea gas fields that have been dormant since 1998, coupled with a massive expansion of exploration rights across 70 new locations. The move is a direct response to the globa…
What stranded asset? Norway opens up 3 old, gas and oil fields and 70 new exploration sites
ConocoPhillips Greater Esofisk area, Norway. By Jo Nova Look how fast Norway is moving While Australia and the UK pat themselves on the back, telling themselves that no one is interested in fossil fuels, the market price tells another story. Norway, meanwhile, is going gangbusters on project development. The EcoWorriers are not happy. These gas and oil fields were closed down in 1998 but there is still twenty years of gas and oil left to dig out…
On Tuesday 5 May, the Norwegian government announced the opening of new maritime areas to oil exploration and the reopening of three inactive gas fields. Justified decisions in particular in the name of “Europe's energy security”. But the risks involved are considerable, warn the opponents of these measures.
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