Statoil to develop six billion barrel field

Statoil to develop six billion barrel field

Statoil and ExxonMobil have agreed to spend $4 billion to develop a six billion barrel oil field in the Gulf of Mexico, the two companies said.

Norwegian base jumper dies in Swiss cliff crash

Norwegian base jumper dies in Swiss cliff crash

Police have launched an investigation into the death of a 48-year-old Norwegian who died while base jumping this week in the Lauterbrunnen area of the Bernese Oberland in Switzerland.

NATO has ‘no intention’ to up presence in Arctic

NATO has ‘no intention’ to up presence in Arctic

NATO has no plans to increase its presence in the Arctic, Secretary General Anders Fogh Rasmussen said on Wednesday despite numerous countries' keen interest in the region's vast natural resources.