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The Norwegian government is calling on energy giants to ramp up oil and gas exploration projects in remote regions like the Arctic Barents Sea, defying a…
The Norwegian government is urging energy firms to explore the Arctic Barents Sea for new oil and gas resources, despite criticism from climate campaigners. The country surpassed Russia as Europe's primary natural gas supplier last year, and is seeking to continue with exploration in order to maintain the region's energy security amidst high demand. Around two-thirds of Norway's undiscovered oil resources are reportedly located off its northern coast in the Barents Sea. Critics have argued that the plans are “embarrassing” and “extremely reckless,” and called for a move towards renewable energy sources.