Norwegian government study raises investment risk fears over Arctic drilling

BusinessGreen staff
clock

Major new report on stranded oil and gas asset risks warns new fields likely to prove too costly to exploit

The development of oil and gas fields in the Arctic is unlikely to prove compatible with global efforts to tackle climate change, according to the latest major report to raise concerns over the formation...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

Global Briefing: Mexico completes record sustainable bond issuance

Global Briefing: Mexico completes record sustainable bond issuance

Mexico builds on its green bond momentum, China reports fall in fossil fuel generation, and the last Czech deep coal mine is to close

James Murray
clock 23 January 2026 • 5 min read
Drax inks £42m deal to acquire Flexitricity

Drax inks £42m deal to acquire Flexitricity

Acquisition set to bolster energy giant's position in the fast-growing energy storage and flexible grid sectors

clock 21 January 2026 • 2 min read
British International Investment backs new $1bn development fund

British International Investment backs new $1bn development fund

Development finance agency to act as anchor for new Allianz Credit Emerging Markets fund, which promises to back wave of renewables, clean transport, and agriculture projects

James Murray
clock 20 January 2026 • 3 min read