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Iceland Oil & Petroleum News is an EIN News Service for political professionals. Constantly updated news and information about Iceland EU Politics.
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Latest Iceland Oil & Petroleum News

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  • Just like Dubai, our recovery is built on sand 28 Nov 2009 21:50 GMT
    ... Dubai looks unpleasantly like a Middle Eastern Iceland in which, unfortunately, British banks have invested some ... for Dubai, which is not a major oil producer, was to create a property boom on ... rigidly enforced... Rules and structures may be important, but much more important are the unwritten ...

  • Opinionator: Goodbye, Dubai? 28 Nov 2009 23:53 GMT
    ... that when push came to shove, its oil-rich neighbor Abu Dhabi would bail out Dubai. ... of Lehman Brothers to the implosion of Iceland (and much else). Tail risk, in other words, ... of this nature that much greater. More importantly, however, the Dubai World events underline the ...

  • A big race for tiny research 28 Nov 2009 06:55 GMT
    ... Texas at Arlington. Magnusson, a native of Iceland, is considered to be among the world’s ... the world’s leading researchers in nanotechnology, the field of tiny things. By 2015, materials created ... made by plants using nanotechnology rather than petroleum. In 2011 and 2012, consumers will see ...

  • A big race for tiny research at North Texas universities 28 Nov 2009 12:14 GMT
    ... Texas at Arlington. Magnusson, a native of Iceland, is considered to be among the world’s ... the world’s leading researchers in nanotechnology, the field of tiny things. By 2015, materials created ... made by plants using nanotechnology rather than petroleum. In 2011 and 2012, consumers will see ...

  • Kazakh Bank Lost Billions in Western Investments 28 Nov 2009 11:55 GMT
    ... boom spurred by its rich deposits of oil and natural gas. So many of these loans ... developments in Ireland, the global expansion of Icelandic banks and subprime mortgages in the United ... energetic man who made his first fortune importing cars from Lithuania, maintains that the loans ...

  • DES KELLY: Why Stoke ride high in a league of happiness 28 Nov 2009 00:33 GMT
    ... date. Despite this, a vocal contingent of Anfield fans stand by manager Rafa Benitez. This ... contentment charts because a) they haven't struck oil in the Black Country and b) Mick McCarthy and ... Nolan Sister, who were signed up by Iceland supermarkets to flog their prawn rings. Stand by ...

  • Why Stoke ride high in a league of happiness 28 Nov 2009 01:50 GMT
    ... date. Despite this, a vocal contingent of Anfield fans stand by manager Rafa Benitez. This ... contentment charts because a) they haven't struck oil in the Black Country and b) Mick McCarthy and ... Nolan Sister, who were signed up by Iceland supermarkets to flog their prawn rings. Stand by ...

  • Iceland's Consumer Price Inflation Slows In November 26 Nov 2009 10:57 GMT
    ... Iceland's Consumer Price Inflation Slows In November (RTTNews) ... 3.4%, and that of petrol & diesel oil grew 3.5%. On the other hand, airfares for ... 14.5%. Copyright(c) 2009 RTTNews.com, Inc. All Rights Reserved ...

  • Mined out 27 Nov 2009 09:52 GMT
    ... this year. The boost to South African exports is limited, but this has been a ... balance of payments because the country imports oil. South Africa’s gold exports are nearly equal to ... empty promise when entire countries such as Iceland went bankrupt. Overnight a currency can become worthless, ...

  • Norway offers 'entry into untapped market' 27 Nov 2009 05:32 GMT
    ... goods, he said. The Efta countries are Iceland, Liechtenstein, Norway and Switzerland. In turn, Norway could ... already been signed. The first, between , Statoil of Norway and Chesapeake of the US, ... US, is a joint venture on onshore petroleum exploration in SA, and the second, between ...

  • Dubai Debt Delay Rattles Confidence in Gulf Borrowers 26 Nov 2009 15:20 GMT
    ... boom that reduced its reliance on falling oil supplies and created the region’s tourism and financial ... are the fifth most expensive worldwide, exceeding Iceland’s and Latvia’s. Default swaps on Dubai World ... a record 976 basis points. “It’s very important to resolve this in a way that ...

  • Growing Momentum for Green Energy Investing 26 Nov 2009 01:44 GMT
    ... expected to grow? LR: That's a very important topic because there are some misperceptions out ... will be more consolidation. Magma's investment in Iceland is one example. There is a sweet spot ... by concerns about ultimately running out of oil, a huge shift is underway that will accelerate ...

  • Green Prospects Abound for Energy Industry 27 Nov 2009 00:14 GMT
    ... are expected to grow? That's a very important topic because there are some misperceptions out ... will be more consolidation. Magma's investment in Iceland is one example. There is a sweet spot ... by concerns about ultimately running out of oil, a huge shift is underway that will accelerate ...

  • EU Must Take Initiative to Reactivate FTA Talks: Lubna 23 Nov 2009 20:26 GMT
    ... members of the European Free Trade Association Iceland, Liechtenstein, Norway, and Switzerland The MoFT has been ... are growing rapidly in the country. The non-oil sectors now contribute to 63.2 per cent of ... also trying to become the hub of exports and re-exports in the MENA region. ...

  • Dubai shock! Why it happened, how it hits India 27 Nov 2009 12:15 GMT
    ... in a similar situation as Dubai: Greece, Iceland, Hungary being just a few of them. Many ... morass. Dubai also does not have the oil reserves, like its neighbours in the Persian Gulf, ... the UAE being India's top destination for exports, the government put up a brave face ...


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